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Sri Lanka
EDC's Position
Page Content - Responsive approach to business
- EDC is open under select programs, subject to regular approval criteria
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| Nominal GDP | 49.54 Billion USD | | Population | 20.42 Million | | Total Trade/GDP | 52.40% | | Currency | Sri Lanka Rupee (LKR) | | Merchandise Imports from Canada | 348.6 Million CAD | | Main imports | Textiles, Machinery & Transportation Equipment, Minerals, Chemicals | | Canadian companies assisted | 23 | | International buyers insured | 44 | | Business volume | 25.93 Million CAD |
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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 has opened new opportunities for foreign suppliers in a variety of sectors ranging from agricultural goods to industrial machinery to transportation.
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.
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Where does this information come from?
The information displayed in this table is extracted from the Trade Opportunities Matrix (TOM), an EDC tool used to rank opportunities based on a range of economic, financial and industry-specific criteria. It is important keep in mind that the TOM rankings refer to potential export opportunities, which may not reflect actual Canadian exports. - TOM is an empirically-based tool that provides an objective and forward-looking analysis of the most attractive markets for Canadian exporters.
- Using up-to-date economic and financial criteria, TOM ranks Canadian export opportunities in 44 industries, across 69 countries.
- TOM provides an objective starting point for export market research, which can be used to complement in-depth industry analysis and sector-specific knowledge.
Please refer to the TOM background paper for additional details.
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