Accordingly, export earnings during August 2012 have dropped to US$ 828.9 million from US$ 954.2 million, earned a year ago.
Meanwhile, imports to the country, during the same month has declined by 4.7% to incur a bill of US$ 1.750 billion, compared to US$ 1.837 billion spent during the same period of last year.
The country’s trade deficit, during the month of August has gone up by 4.3% year on year, to record a figure of US$ 921.1 million.
Meanwhile, Sri Lanka’s exports, up to August during this year has declined by 5.7%, to record an earning of US$ 6.59 billion, compared to US$ 6.99 billion recorded, year on year.
Imports during the first eight months, has declined by just 0.2%, to incur a bill of US$ 12.85 billion, compared to US$ 12.88 billion, recorded during the corresponding period of 2011.
The trade deficit during the period has widened by 6.3% to record a sum of US$ 6.266.