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Sri Lanka is an agricultural based country. It grows primarily, rice (mainly for domestic consumption), rubber, tea, and coconut. Whereas tea, coconut and rubber form prime products for exports. Amongst other crops, cocoa is produced in abundance and is also exported to other countries, even though it is not one of the prominent exporters of cocoa. Sri Lanka is also a leading producer of spices, which includes cinnamon, cardamom, cloves, pepper and nutmeg. Sri Lanka grows both tropical as well as temperate regions, fruits and vegetables. It has also established itself as one of the top exporter of precious and semi-precious stones. One of the key industry which seems to have huge potential in future is fishing industry. Also Sri Lankan expats residing in the foreign countries contribute heavily towards the generation of the foreign exchange earnings. Another emerging industry which has been identified in Sri Lanka is the tourism industry. On the other hands, manufacturing industries have shown tremendous growth, contributing heavily towards the exports. This included electronic equipment, leather goods, and readymade garments.  In order to facilitate trade and commerce, there are various trade zones along with the industrial parks have been established.

Government has given top priority to infrastructure development, especially roads. This will facilitate connectivity and mobility amongst different regions, along with giving free access to the markets.