October 2011
Sri Lanka
                         
BASIC INDICATORS
Population (thousands, 2010)  20 860 Rank in world trade, 2010 Exports Imports
GDP (million current US$, 2010)  49 552 Merchandise  90 80
GDP (million current PPP US$, 2010)  105 139 excluding intra-EU trade 66 58
Current account balance (million US$, 2010) - 1 418 Commercial services 86 79
Trade per capita (US$, 2008-2010)  1 167 excluding intra-EU trade 60 57
Trade to GDP ratio (2008-2010)   54.7
Annual percentage change
2010   2005-2010 2009 2010
Real GDP (2005=100)   136 6 4 8
Exports of goods and services (volume, 2005=100) ... ... ... ...
Imports of goods and services (volume, 2005=100) ... ... ... ...
                         
TRADE POLICY
WTO accession 1 January 1995 Contribution to WTO budget (%, 2011) 0.071
Trade Policy Review 4, 5 November 2010 Import duties collected (%, 2006-2008)
GPA accession  Observer in total tax revenue 11.3
Tariffs and duty free imports to total imports 4.0
Tariff binding coverage (%)    38.1 Number of notifications to WTO and measures in force 
MFN tariffs Final bound Applied 2010 Outstanding notifications in WTO Central Registry   38
Simple average of import duties Goods RTAs - services EIAs notified to WTO 6 - 0
All goods   30.2   10.6 Anti-dumping (30 June 2010) ...
Agricultural goods (AOA)   50.0   26.3 Countervailing duties (30 June 2010) ...
Non-agricultural goods   19.6   8.2 Safeguards (22 October 2010)   0
Non ad-valorem duties (% total tariff lines)   0.5   3.0 Number of disputes (complainant - defendant) 
MFN duty free imports (%, 2009) Requests for consultation 1 - 0
in agricultural goods (AOA)   14.1 Original panel / Appellate Body (AB) reports 0 - 0
in non-agricultural goods   64.1 Compliance panel / AB reports (Article 21.5 DSU) 0 - 0
Services sectors with GATS commitments   27 Arbitration awards (Article 22.6 DSU) 0 - 0
                         
MERCHANDISE TRADE  Value Annual percentage change
2010   2005-2010 2009 2010
Merchandise exports, f.o.b. (million US$)  8 500 6 -13 16
Merchandise imports, c.i.f. (million US$)  13 512 9 -27 32
2010   2010
Share in world total exports    0.06 Share in world total imports  0.09
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   30.1 Agricultural products 15.3
Fuels and mining products   1.0 Fuels and mining products 24.0
Manufactures   65.0 Manufactures 58.6
  By main destination   By main origin
1. European Union (27)   35.0 1. India   20.6
2. United States   21.3 2. Singapore   13.1
3. India   5.6 3. European Union (27)   12.4
4. United Arab Emirates   3.0 4. China   10.1
5. Russian Federation   2.9 5. Iran, Islamic Rep. of   5.3
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2010   2005-2010   2009 2010
Commercial services exports (million US$)  2 448   10 -5 31
Commercial services imports (million US$)  3 084   8 -16 24
2010   2010
Share in world total exports   0.07   Share in world total imports 0.09
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   47.2   Transportation 66.0
Travel   23.5   Travel 14.7
Other commercial services   29.3   Other commercial services 19.3
                         
INDUSTRIAL PROPERTY 
Patent grants by patent office, 2007 Trademark registrations by office, 2008
Residents Non-residents  Total  Direct residents Direct non-residents Madrid  Total 
  54   37   91   907  1 277 ...  2 184