Annual International Trade Statistics by Country (HS)
Publication date: 2024-01-28
Reporting period: 2002 - 2023
Timeseries: 194 million
Source:TrendEconomy
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Sri Lanka | Imports and Exports | World | Motor cars and other motor vehicles principally designed for the transport of persons, including station wagons and racing cars | Value (US$) and Value Growth, YoY (%) | 2011 - 2023

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The value of exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" from Sri Lanka totalled $ 2.7 million in 2023. Sales of commodity group 8703 from Sri Lanka decreased by 37% in value terms compared to 2022. exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" decreased by $ 1.65 million (cumulative exports of commodity group 8703 from Sri Lanka amounted $4.35 million in 2022)

Exports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" amounted to 0.022% of total exports from Sri Lanka (cumulative merchandise exports from Sri Lanka totalled $ 12 billion in 2023). The share of commodity group 8703 in total exports from Sri Lanka decreased by 0.009 p.p. compared to 2022 (it was 0.032% in 2022 and cumulative exports from Sri Lanka were equal to $ 13.5 billion).

Exports of commodity group 8703 amounted to 4.52% of total sales of group "" from Sri Lanka in 2023 (the value of exports of commodity group from Sri Lanka amounted to $59 million in 2023). The share of exports of commodity group 8703 in sales of commodity group from Sri Lanka increased by 0.189 p.p. compared to 2022 (it was 4.33% in 2022, and exports of commodity group from Sri Lanka were $100 million).

Where does Sri Lanka export Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars?

Top export destinations of "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" from Sri Lanka in 2023:

  • Indonesia with a share of 44% (1.2 million US$)
  • Australia with a share of 20% (541 thousand US$)
  • United Kingdom with a share of 7.76% (210 thousand US$)
  • Bangladesh with a share of 7.24% (196 thousand US$)
  • South Africa with a share of 6.84% (185 thousand US$)
  • Tanzania with a share of 5.22% (141 thousand US$)
  • United Arab Emirates with a share of 3.56% (96 thousand US$)
  • Uganda with a share of 1.63% (44 thousand US$)
  • Japan with a share of 1.06% (28 thousand US$)
  • USA with a share of 1% (27 thousand US$)

Exports structure of 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars - from Sri Lanka in 2023 represented by the following main commodity groups:

  • 72% (1.95 million US$): 870324 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >3000cc
  • 15.7% (425 thousand US$): 870333 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >2500cc
  • 2.04% (55 thousand US$): 870332 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >1500cc but not >2500cc
  • 0.934% (25 thousand US$): 870310 - Vehicles (excl. of 87.02) princ. designed for the tpt. of persons, specially designed for travelling on snow; golf cars & sim. vehicles
  • 0.824% (22 thousand US$): 870322 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1000cc but not >1500cc
  • 0.207% (5.61 thousand US$): 870331 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. not >1500cc
  • 0.186% (5.03 thousand US$): 870321 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. not>1000cc
  • 0.096% (2.6 thousand US$): 870323 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1500cc but not >3000cc

The value of imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" to Sri Lanka totalled $ 20 million in 2023. Sales of commodity group 8703 to Sri Lanka went up by 105% compared to 2022: imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" went up by $ 10.6 million (the value of imports of commodity group 8703 to Sri Lanka was equal to $10.1 million in 2022)

Imports of commodity group 8703 "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars" accounted for 0.127% of total import flow to Sri Lanka (in 2023, total imports to Sri Lanka amounted to $ 16.3 billion). The share of commodity group 8703 in total imports to Sri Lanka increased by 0.069 p.p. compared to 2022 (it was 0.057% in 2022 and cumulative imports to Sri Lanka were equal to $ 17.5 billion).

Imports of commodity group 8703 reached 13.9% of total imports of group "" to Sri Lanka in 2023 (imports of commodity group to Sri Lanka totalled $149 million in 2023). The share of purchases of commodity group 8703 in total imports of commodity group to Sri Lanka increased by 8.25 p.p. compared to 2022 (it was 5.64% in 2022, and imports of commodity group to Sri Lanka accounted for $179 million).

Where does Sri Lanka import Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars from?

Top trading partners (import of "Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars") of Sri Lanka in 2023:

  • India with a share of 33% (6.92 million US$)
  • United Kingdom with a share of 24% (5.11 million US$)
  • Germany with a share of 18.2% (3.79 million US$)
  • Japan with a share of 8.9% (1.85 million US$)
  • USA with a share of 7.33% (1.52 million US$)
  • Thailand with a share of 2.61% (544 thousand US$)
  • Areas, nes with a share of 1.17% (245 thousand US$)
  • China with a share of 1.17% (244 thousand US$)
  • Korea - 185 thousand US$
  • Indonesia - 95 thousand US$

Imports structure of 8703 - Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars - to Sri Lanka in 2023 represented by the following main commodity groups:

  • 33% (7.03 million US$): 870332 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >1500cc but not >2500cc
  • 6.26% (1.3 million US$): 870324 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >3000cc
  • 5.87% (1.22 million US$): 870323 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1500cc but not >3000cc
  • 3.85% (803 thousand US$): 870333 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), of a cyl. cap. >2500cc
  • 2.51% (524 thousand US$): 870322 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. >1000cc but not >1500cc
  • 0.316% (65 thousand US$): 870321 - Vehicles (excl. of 87.02 & 8703.10) princ. designed for the tpt. of persons, with spark-ignition int. comb. recip. piston engine, of a cyl. cap. not>1000cc
  • 0.192% (40 thousand US$): 870310 - Vehicles (excl. of 87.02) princ. designed for the tpt. of persons, specially designed for travelling on snow; golf cars & sim. vehicles
  • 0.083% (17.3 thousand US$): 870390 - Vehicles princ. designed for the tpt. of persons (excl. of 87.02 & 8703.10-8703.24), with C-I int. comb. piston engine (diesel/semi-diesel), n.e.s. in 87.03

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Sri Lanka | Imports and Exports | World | Motor cars and other motor vehicles principally designed for the transport of persons, including station wagons and racing cars | Value (US$) and Value Growth, YoY (%) | 2011 - 2023