Sri Lanka Trade Deficit Widens in December

EthereumCraftsman · 2026-01-30T18:19:32+00:00

Sri Lanka's trade deficit grew to $997.2 million in December 2025, with imports rising 12% to $2,155.2 million, notably from vehicle purchases. Despite a 5.1% export increase to $1,158 million, the annual deficit reached approximately $7.9 billion.

EthereumCraftsman

2026-01-30 18:19:32

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Sri Lanka’s trade deficit widened to $997.2 million in December 2025 from $822.7 million a year earlier, as imports continued to outpace exports. Goods imports rose 12% year on year to $2,155.2 million, driven in part by vehicle purchases. Vehicle imports, including personal and commercial vehicles, totaled $301 million in December, bringing cumulative vehicle imports in 2025 to $2,047 million. Meanwhile, exports increased 5.1% year on year to $1,158 million. For 2025 as a whole, the cumulative trade deficit widened to about $7.9 billion compared with 2024, despite export earnings reaching a historically high level. The United States, India, and the United Kingdom remained Sri Lanka’s main export destinations, while China, India, and the United Arab Emirates were the leading sources of imports.

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