Lankan exports to B’desh rise NCCSL plans trade discussion

Sri Lanka's exports to its South Asian peer Bangladesh had risen around 150 percent during the period between 2006 and 2011, the National Chamber or Commence Sri Lanka (NCCSL), which plans to organize a discussion on bilateral trade between the two countries. Similarly, the value of imports from Bangladesh has also increased by 100 percent in 2011 compared to 2010.

In 2011, Sri Lanka-Bangladesh bilateral trade increased to US$ 22 million, representing an 83 percent increase from 2007 trade levels. Sri Lanka's main exports to Bangladesh are cotton, mineral fuels, mineral oils and products, bituminous substances, rubber and rubber products, enzymes, miscellaneous chemical products, special woven fabrics and textile fabrics. Sri Lanka imports from Bangladesh are woven garments, pharmaceuticals, jute yarn and twine, knitwear, textile fabrics, sacks and bags, plastic goods, cotton yarn, iron chain, leather, engineering products and furnace oil.