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14 JUNE 2021 AL CIRCLE

Sri Lanka’s import of aluminium cans during 2018-20 displays rapid growth

EDITED BY : RUPANKAR MAJUMDER 1MINS READ

The economy of Sri Lanka has been envisioned with a significant growth by the Asian Development Bank’s (ADB) flagship annual economic publication as the domestic and global economic activity strengthens and vaccination campaigns gather momentum domestically and abroad.

Sri Lanka’s import of aluminium cans

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The pearl-shaped island nation in South Asia recorded 375 tonnes of aluminium cans in 2018-19 and the foreign revenue expended for the import accounted for $1.70 million. The import for 2020 stood at 2440 tonnes and the expenditure remained at $2.90 million. However, when the import volume and expenditure of 2020 gets added with the existing two years, it denotes 2815 tonnes and $4.60 million respectively.

Sri Lanka’s import of aluminium cans

Sri Lanka’s import of aluminium cans in 2018 was registered at 123 tonnes only, and the expenditure was $0.71 million, whereas, in 2019, the import revealed a rise by 104.87%, as the import volume grew to 252 tonnes and the expenditure occurred was $0.99 million.

The import for 2020 exhibited a super express growth by 868.25%, as the import volume surged to 2440 tonnes and the expenditure soared to $2.90 million.

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The major trading destination for Sri Lanka’s import of aluminium cans is China, India, Pakistan, Singapore, UAE, etc.


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EDITED BY : RUPANKAR MAJUMDER 1MINS READ

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