E-commerce in Sri Lanka

Sri Lanka had an internet user base of about 6 million as of July 2016, about 28.2% of the population.^[1] Despite being a developing country, the E-commerce industry has been receiving funding over the span of 10 years.^[2] Market conditions in Sri Lanka are similar to those in India, as cash on delivery is the most preferred payment method.^[3][4]

According to experts, Sri Lanka’s annual domestic E-commerce sales value including services is an estimated US$40 million. This is expected to grow to US$400 million by 2022. Currently, only 0.4% of Sri Lanka’s total annual retail sales (US$10 billion) is in e-commerce.^[5][6][7]

Government involvement

The Government of Sri Lanka has shown interest in promoting the country's e-commerce industry further.^[8][9]

See also

• E-commerce in other Asian counties:
  • E-commerce in China
  • E-commerce in India
  • E-commerce in Pakistan
  • E-commerce in Southeast Asia
• E-Commerce elsewhere in the Global South:
  • E-commerce in Mexico