Sri Lanka Economy is mainly determined by its main strength, which is agriculture. The agricultural export products have given
Sri Lanka Economy a solid strong hold.
Sri Lanka Economy Factors:
Sri Lanka Economy stresses on the export of crops like tea, coconut and rubber, which are chief plantation crops. The other notable export products of Sri Lanka are coffee, cinnamon, cardamom, cloves, pepper, citronella, nutmeg and tobacco. The country produces rice, fruits and vegetables for the consumption of local inhabitants.
Sri Lanka Economy have gained immensely by exporting amorphous graphite, which constitutes the main mineral industry.
Sri Lanka Economy makes commendable profits from petroleum refining and mining of precious, semi precious gems, clays, limestones and mineral sands. The fast flowing rivers have the potential for hydroelectric power development and thereby can contribute towards
Sri Lanka Economy.
Sri Lanka Economy Contributors:
Sri Lanka Economy thrives because of the country's industries, which hover over agricultural products processing, with emphasis given on the money crops such as rubber, coconut and tea. A notable feature of
Sri Lanka Economy is the export of tea as “Ceylon Tea”, that is appreciated throughout the world. The original tea estates belonged to the British but now they are owned by the government.
The apparel industry has noticeably shaped
Sri Lanka Economy along with other industries like porcelain and ceramic.
For further information on
Sri Lanka Economy refer to the following links:
