Abstract:
The export and import economic policy has both advantages and disadvantages. In Sri
Lanka, however, export and import economy led to unsymmetrical export portfolio, which
has continuously outcome for deficit trade balances. The main objective of this study is to
identify international competiveness of Sri Lankan exports. Revealed Symmetric Comparative
Advantage (RSCA) indices use to identify the trade pattern, the sectors in which an economy
has a comparative advantage, by comparing the country of interests' trade profile with the
world average. Trade Balance Index (TBI) is employed to analyze whether a country has
specialization in export (as net-exporter) or in import (as net-importer) for a specific group
of products. This paper concludes that even though, Sri Lanka has comparative advantage
for leading exports, it does not provide significant contribution to overcome negative impact
ofcomparative disadvantage and net import products.
