Trade Relations
Sri Lanka – Myanmar Trade
Bilateral trade relationship between Myanmar and Sri Lanka
US$ ‘000 (thousands)
|
2009 |
2010 |
2011 |
2012 |
2013 |
|
| Imports |
2,806 |
6,600 |
7,683 |
3,633 |
8,995 |
| Exports |
19 |
278 |
176 |
590 |
1,197 |
Source: Country Report of Myanmar by Export Development Board
Sri Lanka export to Myanmar
Myanmar is representing 19th position in Sri Lanka’s total export to Asian Region 2013, it value for US$ 1 mn, and 0.01% of the Sri Lanka total export to the world in 2013. During the last 4 years Sri Lanka’s export to Myanmar recorded continuously increased.
Sri Lanka’s major exports to Myanmar tea, nutmeg, maize, used tyres (retreaded), paints, articles of the apparel & clothing accessories, cotton fabrics, boards, panels, consoles etc.
|
YEAR |
IMPORTS |
EXPORTS |
TOTAL TRADE |
BALANCE OF TRADE |
||||
|
US $ |
SL Rs |
US $ |
SL Rs |
US $ |
SL Rs |
US $ |
SL Rs |
|
|
1990 |
6.9 |
274.9 |
0.0 |
0.1 |
6.9 |
275.0 |
-6.9 |
-274.8 |
|
1996 |
11.6 |
641.7 |
0.2 |
11.9 |
11.8 |
653.6 |
-11.4 |
-629.8 |
|
2001 |
1.3 |
111.9 |
0.5 |
42.5 |
1.7 |
154.4 |
-0.8 |
-69.3 |
|
2002 |
1.2 |
113.3 |
0.3 |
25.8 |
1.5 |
139.1 |
-0.9 |
-87.5 |
|
2003 |
2.3 |
220.5 |
0.2 |
23.0 |
2.5 |
243.5 |
-2.1 |
-197.4 |
|
2004 |
2.0 |
205.7 |
0.2 |
21.3 |
2.2 |
227.0 |
-1.8 |
-184.3 |
|
2005 |
4.1 |
408.7 |
0.1 |
10.4 |
4.2 |
419.1 |
-4.0 |
-398.3 |
|
2006 |
2.9 |
294.9 |
0.1 |
11.9 |
3.0 |
306.8 |
-2.7 |
-283.0 |
|
2007 |
5.5 |
607.6 |
0.5 |
56.5 |
6.0 |
664.1 |
-4.9 |
-551.1 |
|
2008 |
6.7 |
725.0 |
0.2 |
20.0 |
6.9 |
745.0 |
-6.5 |
-705.0 |
Source: Dept of Customs Values in million
Exports to Myanmar
Tea, nutmeg, mace, used tyres (retreaded), paints (enamels, lacquers, distempers), articles of apparel and clothing accessories, cotton fabrics, boards, panels, consoles, precious and semi-precious stones, medicaments, stuffed pasta etc.
Imports from Myanmar
Beans (dried), chickpeas (dried), cumin seeds, shrimps and prawns (fish – frozen), ginger/saffron/turmeric, knitted or crocheted fabrics, iron/steel, sawn wood, non-coniferous (wood), textile fabrics, woven fabrics, glass and glassware, vegetable textile fibers, paper yarn, woven fabrics, plastics, plywood sheets and lifting, handling, loading/unloading machinery etc.