Contribution of construction-related commodities to the trade balance

Nisa Zainedeen, Niraj Thurairajah, Dilanthi Amaratunga

Research output: Contribution to conferencePaperpeer-review

Abstract

This research aims to analyse the contribution of construction-related commodities to the trade balance of Sri Lanka. The study has been carried out on selected 310 construction materials and equipments according to Harmonized System (HS) Codes. Further a survey had been done on 215 importers of steel to determine the percentage of imported construction-related steel on the total imported steel. Trend analysis is done over the last decade, with the supported information from price indices, general duties, tariff reforms, economic status of the country and past performance of the construction industry itself. It is found that the contribution of imported steel, cement, electrical items and machineries is more than 80% on total imported construction-related commodities. Steel ranks first among the construction related commodities followed by cement, electrical items and machineries. With an annual average contribution of 24.34% to trade balance, the construction-related imports stand as a main area to be reviewed & reconsidered for the related policy changes.
Original languageEnglish
Number of pages12
Publication statusPublished - 2004
Event4th International Postgraduate Research Conference in the Built and Human Environment - University of Salford
Duration: 1 Apr 2004 → …

Conference

Conference4th International Postgraduate Research Conference in the Built and Human Environment
Period1/04/04 → …

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