The strategic location of Sri Lanka has attracted many countries, including Jordan, and has created great opportunities in the spheres of trade. The Embassy of Sri Lanka in Jordan has initiated an action plan to increase tourism, investment, cultural ties, people-to-people contacts, and trade volume in the upcoming years to benefit people and the business community in both countries.
Sri Lanka and Jordan signed a new bilateral Trade and Economic cooperation Agreement on 18th May 2007, replacing the Trade Agreement that was concluded in 1965, in order to promote trade between both countries.
An agreement for the Establishment of Joint Business Council was signed between the Jordan Businessmen Association and National Chambers of Exports of Sri Lanka in 2021, which has added to efforts of the Embassy’s initiatives to enhance trade and investment.
Jordan is the 27th export destination for Sri Lanka. Total export value from Sri Lanka to Jordan was USD 88.28 million in 2023, and total imports from Jordan to Sri Lanka for the same period were USD 1.98 million. Sri Lanka’s exports to Jordan have increased by 45.85% in 2023 when compared to the year 2022. Imports from Jordan have decreased by 42.77% in 2023 when compared to the year 2022.
Sri Lanka’s main export products to Jordan are Knitted Fabrics, Tea Packets, Woven Fabrics, Other Textile Articles, Telephone Sets, Audio/Video Equipment & Parts, Desiccated Coconut, Buttons, Studs, Fasteners & Similar Products, Prefabricated Buildings, Tea Bags, and Coconut Milk Powder. Sri Lanka’s main imports products from Jordan are Products of Base Metal, Fertilizers, Knitted Fabrics, Other Mineral Products, Products of Plastics, Yarn, Other Chemical Products, Woven Fabrics, Inorganic Chemicals, and Men’s Outerwear.
Sri Lanka- Jordan Trade Volume (2018-2023)
All Values in USD Million
| Year | Export | Import | Trade Balance | Total trade |
|---|---|---|---|---|
| 2018 | 36.71 | 8.42 | 28.29 | 45.13 |
| 2019 | 35.13 | 2.00 | 33.13 | 37.13 |
| 2020 | 37.16 | 6.09 | 31.07 | 43.25 |
| 2021 | 47.16 | 2.73 | 44.43 | 49.89 |
| 2022 | 60.53 | 3.46 | 57.07 | 63.99 |
| 2023 | 88.28 | 1.98 | 86.3 | 90.26 |
Source: Sri Lanka Export Development Board (EDB)
Potential Products from Sri Lanka to Jordan
- Apparel
- Tea
- Food products
- Spices
- Fruits
- Beverage
- Paper products
- Wood products
- Textile
- Plastics & rubber