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Sri Lanka Trade Balance

External balance on goods and services  NE.RSB.GNFS.CD

Sri Lanka's trade balance was $-773.0M in 2025, ranked 101st globally. This represents a 70.2% increase from 2024. Data from World Bank, covering 1960–2025.

$-773.0M +$1.8B (+70.2%)
Year 2025 Rank #101 Global Peak $150.2M (1977) Source World Bank

Sri Lanka Trade Balance (1960–2025)

Overview

Sri Lanka's trade balance stood at $-773.0M in 2025, a rise of +$1.8B from 2024. Based on recent trends, this figure is projected to reach $-773.0M by 2025. Sri Lanka ranked 101st globally.

Sri Lanka's trade balance has exhibited significant fluctuations over the past six decades, with the country experiencing both robust exports and substantial import-driven deficits. The trade balance peaked in 1977 at 150,169,109.36, a value far surpassing that of its peer countries, including Benin, which ranked 101 globally with a trade balance of -641,877,058.22 in 2025. Conversely, the trade balance hit an all-time low in 2021, plummeting to -6,540,800,573.15. The most recent data available shows a trade deficit of -773,032,836.76 in 2025, a significant improvement from the 2021 trough but still a substantial burden on the economy. Sri Lanka's trade balance has been shaped by a complex mix of factors, including fluctuations in global commodity prices and shifts in economic policy. To improve its trade balance, Sri Lanka may need to focus on diversifying its exports and promoting domestic manufacturing to reduce reliance on imports.

Data & projection

Year Trade Balance YoY change Rank
2027* trend $1.2B - -
2026* trend $222.2M - -
2025* trend $-773.0M - -
2025 $-773.0M +$1.8B #101
2024 $-2.6B −$791.1M #44
2023 $-1.8B +$835.5M #58
2022 $-2.6B +$3.9B #58
2021 $-6.5B −$1.3B #25
2020 $-5.2B −$64.0M #25
2019 $-5.1B +$1.4B #28
2018 $-6.5B −$217.8M #26
2017 $-6.3B −$310.5M #23
2016 $-6.0B +$63.3M #23
2015 $-6.1B −$3.3B #25
2009 $-2.7B +$2.8B #36
2008 $-5.6B −$2.2B #30
2007 $-3.4B −$246.2M #35
2006 $-3.1B −$931.1M #28
Show all years (1960-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +38.3% GDP growth 5.0% C/A balance 1.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Sri Lanka matched the Export Boom Cycle pattern in 2024. Historically, 71% of countries showing this pattern (546 out of 768) saw trade balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is Sri Lanka's trade balance?▾

Sri Lanka's trade balance was $-773.0M in 2025. Ranked 101st globally. This represents a 70.2% increase from the previous year.

What was the highest trade balance in Sri Lanka?▾

Sri Lanka's trade balance peaked at $150.2M in 1977.

What was the lowest trade balance in Sri Lanka?▾

The lowest trade balance in Sri Lanka was $-6.5B in 2021.

How does Sri Lanka rank in trade balance?▾

Sri Lanka ranks 101st globally in trade balance as of 2025.

What is the World Bank indicator code for trade balance?▾

The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.

What is the projected trade balance of Sri Lanka in 2025?▾

Sri Lanka's trade balance is projected to reach $-773.0M by 2025 based on trend extrapolation.

What is the trade balance of Sri Lanka in 2025?▾

The trade balance of Sri Lanka in 2025 was $-773.0M. This ranks 101st in the world.

Cite this page

APA
Sri Lanka Trade Balance. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/sri-lanka/trade-balance/
BibTeX
@misc{historysaid_sri-lanka_trade-balance, title = {Sri Lanka Trade Balance}, url = {https://historysaid.com/sri-lanka/trade-balance/}, publisher = {HistorySaid}, year = {2026} }
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