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Sri Lankan Economy | Mavimore

Sri Lanka stands out with its tea, rubber, coffee and sugar trade. Among these, the most important export commodity, tea, gained value especially in the 19th and 20th centuries with the transition to a kind of plantation economy. During this period, Ceylon tea, rubber and cinnamon turned into a kind of brand identical to the country. This understanding of trade, to which the modern ports built by the British colonial powers made a great contribution, changed in the period between 1948 and 1977, when the socialist regime returned. Following this period in which the nationalization policy was followed, the country’s economy evolved into a free market economy in 1977 and began to provide opportunities for private enterprises. The country, where great developments have been experienced in the service sector since 2010, is considered to be one of the fastest developing economies in the world. Mavimore Turizm is a travel agency registered with TÜRSAB. Document number: A-8307

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