BASIC ISSUES IN IMPORTS

AND EXPORTS

Presented by :-Group No 2

Abeykoon A.M.C.W. (Ru/E/2008/003)

Abeykoon A.J.M.S.S. (Ru/E/2008/004)
Abeykoon B.M.C.S. (Ru/E/2008/005)
Abeynayake A.M.C.A.(Ru/E/2008/006)
Anthony C.S.K.R. (Ru/E/2008/009)
What is import?
• Is any good or service brought in from one country to
another.
• Goods & services are provided domestic consumers by
foreign producers.
• Import & export are the basis of international trade
• Balance of trade represent a difference in value for import
& export for a country.
• Involves custom authorities of both countries.
What is export?
 Is any good or commodity transported from one country
to another.
 Goods and services are provided to foreign consumers by
domestic producers.
 Involves custom authorities of both countries.

Methods of exporting,
By, mailing.
Hand delivering.
Shipping by air, boat.
Upload to an internet site.
Download from an internet site.etc…
country export import
Germany Motor vehicle trailers Raw materials
Korea Ships, auto mobile, steel Jewelry, watches &
glasses
Japan Raw materials, transport cars
equipments
China Coal car
Indonesia rice Raw & processed
materials

Philippines Agricultural products Oil

Singapore Electrical products oil
Thailand rice Oil, gas
Malaysia Agricultural products Palm oil
Brunei Oil, gas Machinery & transport
equipments, foods,
chemicals
CURRENT SITUATION OF EXPORTS
& IMPORTS

Exports ($8.1 billions (2008 est.))

• Main partners :
o United States 25.5% 
o United Kingdom 13.2%
o India   6.7% 
o Germany  5.7%
o Italy  5.1%
 exports :
 Tea • The tea industry is one of the main foreign
industry: exchange gaining industry in Sri Lanka also
became one of the world's leading e
exporter.

• The apparel industry of the country which

 Apparel producing high quality ready made wears.
and textile
industry : • The main exporters are USA and Europe.

• There are about 900 factories throughout

country serves world’s leading fashion
designing companies.
 Agriculture :  Theagricultural sector of the country
which producing domestic consumption
such as rice, coconut and grain.

 Imports ($14.05 billions(2008 est.))

•Main Partners :

o India 23.1%
o Singapore 9.9% 
o China 8.2%
o Iran  7.5%
o Hong Kong  6.4%
 Imports :

 Foods & • Sri Lanka imports a variety of foods,

including potatoes, orange and Apples
drugs: from the United States and Australia are
also imported.

 Vehicles
• Dominant countries Which Sri lanka
and imports vehicles are India ,Japan ,Korea
machines : ,China.

 Petroleum • Sri lanka government expends more than

$1.7 billions per year for imports of
products : petroleum products.
 EXPORT PROCEDURE
OF SRI LANKA
• Sri Lanka Export Development Board
• Inland Revenue Department
• Sri Lanka Customs

To register with the above institutions the exporter

is required to produce the original
Business Registration Certificate or Certificate of
Incorporation.
PRODUCT WISE REGISTRATION
 Tea
Sri Lanka Tea Board Registration fee is Rs.10,000/-
and annual renewal charge is Rs.1000/-
 Coconuts & Coconuts Products
The exporters of coconut products should be registered
with the Coconut Development Authority (CDA).The
registration fees are as follows:
* Kernel products - Rs.3000/-
(copra, desiccated coconut, coconut oil, coconut milk
etc.)
* Coconut shell products - Rs.1000/-
* Coconut fiber products - Rs. 1000/-
Gems & Jewellery
The exporters of Gems & Jewellery should
be registered with the National Gems &
Jewellery Authority .In addition to annual
registration all exporters of gems must
obtain gem dealers
Textiles & Readymade Garments
All exporters of garments should be
registered with the Ministry of Textile
Industry Development. All enterprises
registered under BOI law should be
registered with the BOI. license. A license
fee should also be paid.
PRODUCTS UNDER LICENCE
CONTROL
• Coral chanks conch shells other than chanks -
Ministry of Fisheries and Aquatic Resources
Development
• Wood including logs & Sawntimber-
Department of Forest
• Article of Wood (ebony)- National Crafts
Council and Department of Forest
 PRODUCTS PROHIBITED
OR RESTRICTED FOR
EXPORTS
• Dangerous drugs
• Explosives
• Live Fish
• Minerals in raw form
• Obscene publications and literature
• Protected Plants
• Antiquities/Cultural Property
Problems of Imports & Exports In
srilanka

ENVIRONMENTAL PROBLEMS
POLITICAL PROBLEMS
CULTURAL PROBLEMS
ENVIRONMENTAL PROBLEMS

◦ Lack of resources.
◦ Tsunami
Damage harbors.
Destroyed beautiful beaches.
◦ Tornadoes and monsoons.
 Destroyed ships and planes.
CONTINUE

POLITICAL PROBLEMS
◦ Illegal import and export.
◦ Civil war (in past ).
◦ High tax rates.
◦ Some rules and regulation in government.
Following Services are Available
Import Export Code Number (IE Code).
Membership with Export promotion council.
Export documentation.
Import License.
CONTINUE

• CULTURAL PROBLEMS
o Due to srilankan culture.
Solutions……!!!
 Protect natural resources.
 Improving infrastructure facilities.
 Developing the commercial connections with countries.
 Increase the security around the coastal area.
 Demand the productions.
 Export high quality goods.
 Controlling import & export.
 Banned unauthorized goods.
Thank you