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Services accounted for 58.2% of Sri Lanka's economy in 2019 up from 54.6% in 2010, industry 27.4% up from 26.4% a decade earlier and agriculture 7.4%. [41] Though there is a competitive export agricultural sector, technological advances have been slow to enter the protected domestic sector. [42]
Gold ore exports in world with gold ore in south Africa Ghana , china and USA and Russia ,Eastern Africa Gold exports in 2023 was 443 Dollars in Ethiopia , 223 Million Dollars of fine gold ore in Somaliland of 2 Tons and Uganda 1 Billion dollars in gold ore for exports. The following is a list of countries by gold exports.
Sri Lanka exported USD 128 million worth of cinnamon in 2014, which accounted for 28% of global cinnamon exports for that year. [17] Black pepper is the second largest export spice in Sri Lanka. Most black pepper is exported to India. But India and Vietnam re-export to Europe Sri Lankan pepper under the Indian/Vietnam label. [18]
The Sri Lankan economic crisis [8] is a in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]
Ritzbury originally started in 1991 as number four in Sri Lanka's chocolate market. By 2006 it had beaten Kandos (Ceylon Chocolates) to the number two spot, with a 21% market share [8] (although still behind, market leader, Edna Group's 42% share). In 2010 it had become Sri Lanka's number one chocolate producer, [14] with a 47.2% market share. [15]
Chennai Port is the only port on the East Coast of India with a cruise terminal. [93] Chennai Port is one of the five major ports in the country that have been identified by the Ministry of Shipping for development of cruise terminals, the other four being Goa, Kochi, Mumbai and Mangaluru. [94]
In May 2014, SG Holdings, Japan's second-largest logistics firm, acquired a 30% stake in Expolanka Holdings PLC triggering mandatory offer requirements set by Sri Lanka's Securities and Exchange Commission. [5] In June 2014, SG Holdings confirmed that it has secured controlling interest in Expolanka with the acquisition of over 51% of total shares.
The Chennai Port, one of the biggest in South Asia Chennai, formerly known as Madras, is the capital city of the Indian state of Tamil Nadu. As of 2022 the Nominal GDP of the Chennai metropolitan area is ₹ 756,055 crore (US$96.18 billion) Chennai has an economic base anchored by the automobile, software services, medical tourism, hardware manufacturing and financial services sectors with ...