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Sri Lanka in the World of BRICS as Latter Expands- by Eddie Barwood Source:Thuppahis This is an interesting report from a well known Russian media source reporting on the BRICS meetings there recently. Countries are summarised concisely in terms of their economies,  key importer and exporter countries, goods involved, and challenges. I draw your attention to Sri Lanka which starts at 9’57 minutes. I was surprised to see that Sri Lanka mainly exports to US, India, UK, Germany and Italy  – mostly Western countries,  while the main imports come from India, China, the UAE, Malaysia and Singapore which are all Asian countries,  not Western. Despite a trade deficit in 2022, Sri Lanka shows strong export performance in textiles,  tea and rubber products.  Its economy is diverse. Total exports for 2022 $14.8 billion making it the 89th largest exporter in the world. SL still has problems managing its imports, particularly in the energy sector. Click here to ...