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Sri Lanka

EDC Position-open all programs

EDC's Position

  • Targeted approach to business
  • Open under all programs, subject to regular approval criteria

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Country At A Glance

Flag of Sri Lanka
Map of Sri Lanka

Country Facts

Nominal GDP59.06 Billion USD
Population21.25 Million
Total Trade/GDP56.85%
CurrencySri Lanka Rupee (LKR)
Merchandise Imports from Canada321.78 Million CAD
Main importsTextiles, Machinery & Equipment, Minerals, Chemicals

EDC in Sri Lanka

Canadian companies assisted22
International buyers insured49
Business volume20.41 Million CAD

Business Environment

While trade between Sri Lanka and Canada suffered to some degree during the final year of the markets' civil conflict, Canada's level of exports to Sri Lanka has shown recovery and continues to build. The country's new infrastructure requirements as part of the rebuilding of Sri Lanka and a return to economic growth have opened new opportunities for foreign suppliers in a variety of sectors ranging from agricultural goods to industrial machinery to transportation.  A high degree of competition, including from countries offering concessional financing, is present in many sectors. 

Key Industries

  • Agriculture
  • Construction & Infrastructure
  • Telecom
  • Transportation Services 

How we can support your business

Through our Head Office operations in Ottawa, we provide support to Canadian companies planning on or currently doing business in Sri Lanka. Our market experts have developed strategic relationships with major buyers in several sectors as well as a network of local contacts in the market.

  • We are positioned to help Canadian companies through a range of financing and risk management services.
  • Learn more about our service offering.
 

EDC Representatives

Related Information

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