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2022
Flag → Flag
Exports $1.08BRnk 51 / 219
2022
Flag → Flag
Top Product $521MRefined Petroleum
2022
Flag → Flag
Exports $397MRnk 8 / 194
2022
Flag → Flag
Top Product $110MTea
2022
Flag
Economic Complexity (ECI) ECI 0.24Rnk 53 / 133
2022
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Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag  
GDP$508BCURRENT US$
Rnk 28 / 186
2012-2022
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GDP GROWTH32%CURRENT US$
Rnk 93 / 186
2022
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 GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
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GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
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GDP PC $53,758CURRENT US$
Rnk 16 / 186
2012-2022
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GDP PC GROWTH21.1%CURRENT US$
Rnk 81 / 186
2022
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GDP PC$3,354CURRENT US$
Rnk 130 / 186
2012-2022
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GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

United Arab Emirates-Sri Lanka Trade: In 2022, United Arab Emirates exported $1.08B to Sri Lanka. The main products that United Arab Emirates exported to Sri Lanka were Refined Petroleum ($521M), Crude Petroleum ($102M), and Gold ($53.3M). Over the past 5 years the exports of United Arab Emirates to Sri Lanka have decreased at an annualized rate of 6.88%, from $1.54B in 2017 to $1.08B in 2022.

In 2022, United Arab Emirates did not export any services to Sri Lanka.

Sri Lanka-United Arab Emirates Trade: In 2022, Sri Lanka exported $397M to United Arab Emirates. The main products that Sri Lanka exported to United Arab Emirates were Tea ($110M), Refined Petroleum ($71.1M), and Precious Stones ($18.9M). Over the past 5 years the exports of Sri Lanka to United Arab Emirates have increased at an annualized rate of 5.69%,  from $301M in 2017 to $397M in 2022.

In 2022, Sri Lanka did not export any services to United Arab Emirates.

Comparison: In 2022,  United Arab Emirates ranked 53 in the Economic Complexity Index (ECI 0.24), and 18 in total exports ($402B). That same year, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, United Arab Emirates exported $1.08B to Sri Lanka. The main products exported from United Arab Emirates to Sri Lanka were Refined Petroleum ($521M), Crude Petroleum ($102M), and Gold ($53.3M). During the last 5 years the exports of United Arab Emirates to Sri Lanka have decreased at an annualized rate of 6.88%, from $1.54B in 2017 to $1.08B in 2022.

In 2017, Sri Lanka exported $397M to United Arab Emirates. The main products exported from Sri Lanka to United Arab Emirates were Tea ($110M), Refined Petroleum ($71.1M), and Precious Stones ($18.9M). During the last 5 years the exports of Sri Lanka to United Arab Emirates have increased at an annualized rate of 5.69%, from $301M in 2022 to $397M in 2017.

Exports from United Arab Emirates (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to United Arab Emirates (Flag) (2022)

Latest Data

Trade between United Arab Emirates (Flag) and Sri Lanka (Flag)

United Arab Emirates Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
United Arab Emirates
Top DestinationIndia$51B
Sri Lanka
Top DestinationUnited States$3.52B

This map shows whether countries import more from United Arab Emirates or Sri Lanka. Each country is colored based on the difference in imports they receive from United Arab Emirates and Sri Lanka or the difference in the growth in imports.

In 2022, countries that imported more from United Arab Emirates than Sri Lanka included India ($51B), Japan ($40.9B), and China ($32.5B).

In 2022, countries that imported more from Sri Lanka than United Arab Emirates included Sweden ($119M), Slovakia ($59.7M), and Haiti ($29.5M).

Difference in imports from Sri Lanka (Flag) and United Arab Emirates (Flag) (2022)

Comparative Advantage United Arab Emirates - Sri Lanka

Flow
Scale

This chart compares trade between United Arab Emirates and Sri Lanka by product, considering products traded by both, United Arab Emirates and Sri Lanka.

During 2022, United Arab Emirates had a large net trade with Sri Lanka in the exports of Mineral Products ($688M), Precious Metals ($82.8M), and Metals ($79.6M).

During 2017, Sri Lanka had a large net trade with United Arab Emirates in the exports of Vegetable Products ($147M), Mineral Products ($71.3M), and Textiles ($63.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United Arab Emirates Sri Lanka+$60MRefined Petroleum
Top Product Potential Sri Lanka United Arab Emirates+$6.67MKnit T-shirts

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of United Arab Emirates and Sri Lanka. This means that a dot/product with the flag of United Arab Emirates indicates it has a comparative advantage over Sri Lanka. Similarly, a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over United Arab Emirates.

Product Space of United Arab Emirates (Flag) and Sri Lanka (Flag) (2022)

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