Improved Trade Balance recorded in June
[August 20, 2001 - 12:25 GMT]

Despite a marginal decline in export earnings, the external trade balance in US dollar terms improved further In June 2001, as a result of a substantial drop in imports.

The trade deficit declined to USD 71 million from 222 million in June 2000, a Central Bank press release said.

Export earnings declined by 4.8 percent largely due to the low export demand arising from the slower growth in industrialised countries.

The expenditure on imports at USD 508 million declined by 25.6 percent in June 2001, over imports of USD 682.5 million during the same period the previous year.

Contact Information: Send mail to webmaster@priu.gov.lk with questions or comments about this web site. 
Last Updated Date: December 16, 2003 - 12.25 GMT.