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2023
Flag → Flag
Exports $2.62MRnk 135 / 168
2023
Flag → Flag
Top Product $1.27MSpice Seeds
2023
Flag → Flag
Exports $12.8MRnk 76 / 200
2023
Flag → Flag
Top Product $2.67MRubber Tires
2023
Flag
Economic Complexity (ECI) ECI 0.043Rnk 61 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag  
GDP$646BCURRENT US$
Rnk 22 / 195
2013-2023
Flag
GDP GROWTH17%CURRENT US$
Rnk 148 / 195
2023
Flag
 GDP$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
GDP PC $14,187CURRENT US$
Rnk 73 / 195
2013-2023
Flag
GDP PC GROWTH9.44%CURRENT US$
Rnk 135 / 195
2023
Flag
GDP PC$3,828CURRENT US$
Rnk 132 / 196
2013-2023
Flag
GDP PC GROWTH2.34%CURRENT US$
Rnk 150 / 195

About

Argentina-Sri Lanka Trade: In 2023, Argentina exported $2.62M to Sri Lanka. The main products that Argentina exported to Sri Lanka were Spice Seeds ($1.27M), Packaged Medicaments ($635k), and Wine ($178k). Over the past 5 years the exports of Argentina to Sri Lanka have decreased at an annualized rate of 9.04%, from $4.21M in 2018 to $2.62M in 2023.

In 2023, Argentina did not export any services to Sri Lanka.

Sri Lanka-Argentina Trade: In 2023, Sri Lanka exported $12.8M to Argentina. The main products that Sri Lanka exported to Argentina were Rubber Tires ($2.67M), Tea ($1.07M), and Cinnamon ($749k). Over the past 5 years the exports of Sri Lanka to Argentina have increased at an annualized rate of 1.41%,  from $11.9M in 2018 to $12.8M in 2023.

In 2023, Sri Lanka did not export any services to Argentina.

Comparison: In 2023,  Argentina ranked 61 in the Economic Complexity Index (ECI 0.043), and 50 in total exports ($68.3B). That same year, Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Argentina exported $2.62M to Sri Lanka. The main products exported from Argentina to Sri Lanka were Spice Seeds ($1.27M), Packaged Medicaments ($635k), and Wine ($178k). During the last 5 years the exports of Argentina to Sri Lanka have decreased at an annualized rate of 9.04%, from $4.21M in 2018 to $2.62M in 2023.

In 2018, Sri Lanka exported $12.8M to Argentina. The main products exported from Sri Lanka to Argentina were Rubber Tires ($2.67M), Tea ($1.07M), and Cinnamon ($749k). During the last 5 years the exports of Sri Lanka to Argentina have increased at an annualized rate of 1.41%, from $11.9M in 2023 to $12.8M in 2018.

Exports from Argentina (Flag) to Sri Lanka (Flag) (2023)

Exports from Sri Lanka (Flag) to Argentina (Flag) (2023)

Latest Data

Trade between Argentina (Flag) and Sri Lanka (Flag)

Argentina Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Argentina
Top DestinationBrazil$12.1B
Sri Lanka
Top DestinationUnited States$2.98B

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

In 2023, countries that imported more from Argentina than Sri Lanka included Brazil ($12.1B), Chile ($5.57B), and China ($5.36B).

In 2023, countries that imported more from Sri Lanka than Argentina included Maldives ($168M), Hong Kong ($200M), and Germany ($906M).

Difference in imports from Sri Lanka (Flag) and Argentina (Flag) (2023)

Comparative Advantage Argentina - Sri Lanka

Flow
Scale

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

During 2023, Argentina had a large net trade with Sri Lanka in the exports of Vegetable Products ($1.27M), Chemical Products ($876k), and Foodstuffs ($178k).

During 2018, Sri Lanka had a large net trade with Argentina in the exports of Plastics and Rubbers ($4.19M), Textiles ($3.48M), and Vegetable Products ($1.95M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Argentina Sri Lanka+$5.29kRefined Petroleum
Top Product Potential Sri Lanka Argentina+$3.21kRubber Tires

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 Argentina and Sri Lanka. This means that a dot/product with the flag of Argentina 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 Argentina.

Product Space of Argentina (Flag) and Sri Lanka (Flag) (2023)

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