As Sri Lanka's economy spirals into crisis, here's a snapshot of the export-import situation – Business News

India’s southern neighbour, Sri Lanka, is struggling to stay afloat amid the deepening economic crisis with the island nation on the brink of bankruptcy, with nearly USD 7 billion of its total USD 25 billion in foreign debt due for repayment this year. A severe shortage of foreign exchange means the country lacks the money to buy imported goods. People have endured months of shortages of essentials like food, cooking gas, fuel, and medicine, and lining up for hours to buy the very limited stocks available. With the prevalent situation , India's exporters are rethinking plans to send shipments to…