Sri Lanka's balance of trade narrowed in the first two months of the year due to a fall in both exports and imports, though the imports fell by a greater margin according to the Central Bank figures issued today. As per the data released, exports were down 10.7 percent to 1.52 billion dollars while imports fell 15.6 percent to 2.95 billion US dollars. The trade gap fell 20.3 percent to 1.42 billion US dollars. The data shows a fall in exports of plantation goods but a rise in apparel exports.
News On AIR | May 2, 2013 5:54 PM
Lanka's balance of trade narrow in first 2 months due to fall in exports, imports