The objective of the present study was to determine the inorganic and organic arsenic species and assess the actual risk of selected seafood produced in Sri Lanka in terms of inorganic arsenic species. A total of 80 samples, comprising 75 seafood samples and 5 freshwater samples, including mollusks, echinoderms, and crustaceans, were analyzed for their total arsenic (TA) levels and arsenic species. TA levels in seafood were determined using Inductively Coupled Plasma Mass Spectrometry (ICP-MS) after microwave digestion. Arsenic species, including arsenobetaine (AsB), arsenite (AsIII), arsenate (AsV), monomethylarsonic acid (MMA), and dimethylarsinic acid (DMA), were selectively separated and quantified using High-Performance Liquid Chromatography (HPLC) coupled to ICP-MS, following water bath extraction with 30 mmol/L nitric acid. The TA levels in seafood ranged from 0.036 to 11.686 mg kg-1. The spike recovery values for the five arsenic species lay within 80 % to 120 %, and the chromatographic recovery percentages ranged from 85.5 % to 123.6 %. In most samples, 100 % AsB was detected. Sea cucumber and both marine and freshwater giant river prawns showed AsB percentages of the total arsenicals at 83.2 %, 39.7 %, and 21.3 %, respectively. DMA was found in sea cucumber and marine giant river prawn at levels of 0.065 mg kg-1 and 0.048 mg kg-1, respectively, while MMA was not detected in any samples. AsIII was found in marine water giant river prawn and freshwater giant river prawn at levels of 0.010 mg kg-1 and 0.044 mg kg-1, respectively. AsV was only found in marine giant river prawn at a concentration of 0.193 mg kg-1. No other samples contained detectable levels of inorganic arsenicals. The Target Hazard Quotient (THQ) values for marine and freshwater giant river prawn were 0.90 and 0.2, respectively, indicating no significant health risks since the THQ values were <1. Therefore, our study suggests that consuming the studied seafood does not pose any health risks in terms of arsenic.