ads
Business
Vehicle import

Vehicle imports surge past US$1 Billion in 2025

zira-fb
zira-twitter
zira-whatsapp
zira-viber
zira-fb
zira-twitter
zira-whatsapp
zira-telegram
zira-viber
Following the lifting of restrictions on vehicle imports, Sri Lanka has spent US$ 1,007.5 million on vehicle imports during the eight-month period from January to August 2025, the Central Bank of Sri Lanka reports.

The information was disclosed in the External Sector Performance Report for August 2025, which shows a significant increase in vehicle import expenditure compared to previous years. According to the report, August 2025 recorded the highest monthly expenditure of US$ 255.7 million, reflecting a sharp rise in demand after the easing of import restrictions.

Monthly spending on vehicle imports in 2025 has steadily increased, beginning with US$ 29.1 million in January and US$ 22.3 million in February, before jumping to US$ 54.0 million in March. 

The upward trend continued with US$ 145.6 million in April, US$ 125.2 million in May, US$ 169.6 million in June, and US$ 206.0 million in July, culminating in August’s record figure.

0%
0%
0%
0%
Comments