Sri Lanka trade deficit expands over USD1bn; imports USD2bn

Sri Lanka trade deficit expands over USD1bn in January; imports USD2bn

Apr 09, 2018 (LBO) – Sri Lanka’s trade deficit has expanded in January surpassing 1 billion US dollars for the second consecutive month due to significant level of imports offsetting the increase in export earnings. While earnings from merchandise exports increased, expenditure on imports also increased significantly outweighing the performance in export earnings during the […]