On this page, we record with pride the resilience of the trade with Italy, in spite of economic upheaval in Sri Lanka, Italy and the world, since the formation of our Council.
There was significant increase from 2005, in exports between Sri Lanka and Italy recording an impressive growth, mainly thanks to the BSP Plus concession . A steady growth of exports could be seen, in the table below, and we hope that such growth of bilateral trade will continue, with industrial and consumer retail customers in Italy appreciating the potential and quality of Sri Lankan products, while facing economic difficulties at home.
The loss of the EU GSP Plus on 15th August 2010 was a turning point, and continues to be a challenge faced by the entire export industry. The recession in Italy has affected exports, and the vagaries of the Euro has affected imports one way or the other.
The Balance of Trade is currently overwhelmingly in Sri Lanka's favour.
Italian Trade Fairs are among the most attended and productive (in forming new and improving business relationships) in the world.
AUMA : Trade Fairs in Italy
SUMMARY OF SRI LANKA - ITALY TRADE
|Year||Exports||Imports||Balance of Trade|
Source: Ceylon Chamber of Commerce
All figures in LKR millions.
Source: Foreign Trade / Information Division, Ceylon Chamber of Commerce from raw data supplied by Sri Lanka Customs
Last updated 10 July 2015