Foreign trade as a share of GDP reached 51.0 % in 2017 in Sri Lanka, according to the National Statistical Office. This is 1.92 % more than in the previous year.
Historically, foreign trade as a share of GDP in Sri Lanka reached an all time high of 88.6 % in 2000 and an all time low of 43.0 % in 1969. When compared to Sri Lanka's main peers, foreign trade as a share of GDP in India amounted to 40.8 %, 136 % in Malaysia, 143 % in Maldives and 48.0 % in Myanmar in 2017.
Sri Lanka has been ranked 133rd within the group of 165 countries we follow in terms of foreign trade as a share of GDP, 20 places behind the position seen 10 years ago.
Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.