https://archive.veriteresearch.org/handle/456/5804 2026-04-21T00:12:10Z 2026-04-21T00:12:10Z Econ Team https://archive.veriteresearch.org/handle/456/8039 2026-03-18T21:30:53Z 0008-01-01T00:00:00Z

Rubber product exports to US could fall by 28% Econ Team On 2 April, US President Donald Trump imposed a 44% tariff on Sri Lankan exports to the United States. This tariff significantly affects Sri Lanka's rubber product exports, the country's second-largest export to the US, accounting for 11% and valued at over USD 300 million in 2023. The reciprocal tariffs imposed across all exporters to the US could potentially reduce overall US demand for rubber products. Consequently, this analysis, conducted using World Bank's SMART partial equilibrium model, reveals that Sri Lanka’s rubber product exports to the US may decline by approximately 28% (over USD 80 million). The model simulated the impact on US demand of an increase in the weighted average tariff for US rubber products to 27%.​ This infographic was posted on the Public Finance Platform in English and can be accessed from the link below.

0008-01-01T00:00:00Z Econ Team https://archive.veriteresearch.org/handle/456/8043 2026-03-18T21:33:55Z 0028-01-01T00:00:00Z

Tobacco myths Econ Team There is a popular myth that cigarettes are overtaxed in Sri Lanka. But did you know that the tax share in the retail price of a cigarette was highest in 2021—yet still remained below the World Health Organization’s recommended benchmark? In fact, the tax-in-price of a cigarette currently stands at its lowest level since 2009. This infographic was posted on the Instagram in English and can be accessed from the link below.

0028-01-01T00:00:00Z Econ Team https://archive.veriteresearch.org/handle/456/8041 2026-03-18T21:30:16Z 0020-01-01T00:00:00Z

Did you know? Econ Team This infographic shows how tobacco companies often gain more than the government from cigarette price and tax increases. From 2017 to 2024, government revenue from cigarette taxes increased by 27.5%, while cigarette sales revenue earned by tobacco company increased by 92.4%. This infographic was posted on the Facebook in English.

0020-01-01T00:00:00Z Econ Team https://archive.veriteresearch.org/handle/456/8046 2026-03-18T21:33:11Z 0018-01-01T00:00:00Z

How a market shift ate into tax revenue Econ Team How the shift from longer to shorter cigarettes ate into Sri Lanka’s tax revenue Sri Lanka taxes cigarettes by length—shorter sticks face lower taxes. Between 2018 and 2024, the market shifted towards these cheaper, shorter cigarettes. As a result, their market share rose by over 50 percentage points, while market share for longer cigarettes declined. The outcome: the weighted average tax per stick fell by LKR 21.9, leading to a LKR 40.9 billion loss in government revenue for the sticks sold in 2024. This infographic was published on Instagram and can be accessed from the link below.

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