Merchandise Trade Balance in Sri Lanka
The merchandise trade balance in Sri Lanka averaged USD -7.6 billion in the decade to 2024. The 2024 reading was USD -6.1 billion. For more information on trade, visit our dedicated page.
Sri Lanka Trade Chart
Note: This chart displays Trade Balance (USD billion) for Sri Lanka from 2014 to 2024.
Source: Macrobond.
Sri Lanka Trade Data
| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Merchandise Trade Balance (USD bn) | -6.0 | -8.1 | -5.2 | -4.9 | -6.1 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Sri Lankan trade projections for the next ten years from a panel of 7 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable trade forecast available for Sri Lankan trade.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Sri Lankan trade projections.
Want to get access to the full dataset of Sri Lankan trade forecasts? Send an email to info@focus-economics.com.