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2022
Flag → Flag
Exports $121MRnk 89 / 219
2022
Flag → Flag
Top Product $35.1MLow-voltage Protection Equipment
2022
Flag → Flag
Exports $253MRnk 14 / 194
2022
Flag → Flag
Top Product $35.9MPrecious Stones
2022
Flag
Economic Complexity (ECI) ECI 1.97Rnk 2 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag  
GDP$808BCURRENT US$
Rnk 20 / 186
2012-2022
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GDP GROWTH17.7%CURRENT US$
Rnk 128 / 186
2022
Flag
 GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
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GDP PC $92,101CURRENT US$
Rnk 5 / 186
2012-2022
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GDP PC GROWTH7.3%CURRENT US$
Rnk 125 / 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

Switzerland-Sri Lanka Trade: In 2022, Switzerland exported $121M to Sri Lanka. The main products that Switzerland exported to Sri Lanka were Low-voltage Protection Equipment ($35.1M), Diamonds ($13.3M), and Integrated Circuits ($10.7M). Over the past 5 years the exports of Switzerland to Sri Lanka have decreased at an annualized rate of 9.68%, from $201M in 2017 to $121M in 2022.

In 2022, Switzerland did not export any services to Sri Lanka.

Sri Lanka-Switzerland Trade: In 2022, Sri Lanka exported $253M to Switzerland. The main products that Sri Lanka exported to Switzerland were Precious Stones ($35.9M), Diamonds ($19.3M), and Electrical Control Boards ($17.8M). Over the past 5 years the exports of Sri Lanka to Switzerland have increased at an annualized rate of 8.94%,  from $165M in 2017 to $253M in 2022.

In 2022, Sri Lanka did not export any services to Switzerland.

Comparison: In 2022,  Switzerland ranked 2 in the Economic Complexity Index (ECI 1.97), and 17 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, Switzerland exported $121M to Sri Lanka. The main products exported from Switzerland to Sri Lanka were Low-voltage Protection Equipment ($35.1M), Diamonds ($13.3M), and Integrated Circuits ($10.7M). During the last 5 years the exports of Switzerland to Sri Lanka have decreased at an annualized rate of 9.68%, from $201M in 2017 to $121M in 2022.

In 2017, Sri Lanka exported $253M to Switzerland. The main products exported from Sri Lanka to Switzerland were Precious Stones ($35.9M), Diamonds ($19.3M), and Electrical Control Boards ($17.8M). During the last 5 years the exports of Sri Lanka to Switzerland have increased at an annualized rate of 8.94%, from $165M in 2022 to $253M in 2017.

Exports from Switzerland (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to Switzerland (Flag) (2022)

Latest Data

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

Switzerland Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Switzerland
Top DestinationUnited States$61.7B
Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Switzerland than Sri Lanka included United States ($61.7B), Germany ($53.5B), and China ($44.1B).

In 2022, countries that imported more from Sri Lanka than Switzerland included Maldives ($128M), Bangladesh ($225M), and Haiti ($29.5M).

Difference in imports from Sri Lanka (Flag) and Switzerland (Flag) (2022)

Comparative Advantage Switzerland - Sri Lanka

Flow
Scale

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

During 2022, Switzerland had a large net trade with Sri Lanka in the exports of Machines ($68.4M), Precious Metals ($18.8M), and Chemical Products ($13.8M).

During 2017, Sri Lanka had a large net trade with Switzerland in the exports of Textiles ($77.2M), Precious Metals ($57.9M), and Machines ($53.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland Sri Lanka+$6.64MPackaged Medicaments
Top Product Potential Sri Lanka Switzerland+$6.25MNon-Knit Women's Suits

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

Product Space of Switzerland (Flag) and Sri Lanka (Flag) (2022)

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