Seeds Late to Bloom: The Dimmed Arena of Digital Integration and Sri Lanka’s Economic Collapse

Among many factors, the COVID-19 pandemic has severe economic repercussions on Sri Lanka due to lockdowns and halts in the export-import process.

 

According to The Observatory of Economic Complexity (2020), Sri Lanka’s top exports are tea and garments—and their top export partners are the US, India, and the UK—which were all substanally impacted by the pandemic. This had immensely reduced the demand for their export goods and, in turn, plummeted their export value and weakened their economy.