2022
Flag  
GDP
$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH
111%CURRENT US$
Rnk 11 / 186
2022
Flag
 GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC 
$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH
102%CURRENT US$
Rnk 8 / 186
2022
Flag
GDP PC
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186

About

China-Sri Lanka Trade: In 2022, China exported $3.76B to Sri Lanka. The main products that China exported to Sri Lanka were Light Rubberized Knitted Fabric ($307M), Broadcasting Equipment ($101M), and Non-Retail Synthetic Filament Yarn ($95.9M). Over the past 5 years the exports of China to Sri Lanka have decreased at an annualized rate of 2.95%, from $4.37B in 2017 to $3.76B in 2022.

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

Sri Lanka-China Trade: In 2022, Sri Lanka exported $293M to China. The main products that Sri Lanka exported to China were Tea ($50.5M), Coconut and Other Vegetable Fibers ($30.1M), and Activated Carbon ($24.8M). Over the past 5 years the exports of Sri Lanka to China have decreased at an annualized rate of 3.9%,  from $453M in 2017 to $293M in 2022.

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

Comparison: In 2022,  China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T). 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, China exported $3.76B to Sri Lanka. The main products exported from China to Sri Lanka were Light Rubberized Knitted Fabric ($307M), Broadcasting Equipment ($101M), and Non-Retail Synthetic Filament Yarn ($95.9M). During the last 5 years the exports of China to Sri Lanka have decreased at an annualized rate of 2.95%, from $4.37B in 2017 to $3.76B in 2022.

In 2017, Sri Lanka exported $293M to China. The main products exported from Sri Lanka to China were Tea ($50.5M), Coconut and Other Vegetable Fibers ($30.1M), and Activated Carbon ($24.8M). During the last 5 years the exports of Sri Lanka to China have decreased at an annualized rate of 3.9%, from $453M in 2022 to $293M in 2017.

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

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

Market Competitiveness

Color
China
Top Destination
United States$551B
Sri Lanka
Top Destination
United States$3.52B

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

In 2022, countries that imported more from China than Sri Lanka included United States ($551B), Hong Kong ($276B), and Japan ($178B).

In 2022, countries that imported more from Sri Lanka than China included American Samoa ($622k), Anguilla ($168k), and Guam ($4.07k).

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

Comparative Advantage China - Sri Lanka

Flow
Scale

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

During 2022, China had a large net trade with Sri Lanka in the exports of Textiles ($1.19B), Machines ($884M), and Metals ($469M).

During 2017, Sri Lanka had a large net trade with China in the exports of Textiles ($111M), Vegetable Products ($53.7M), and Chemical Products ($26.1M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential China Sri Lanka+$68.2MTelephones
Top Product Potential Sri Lanka China+$37.2MPrecious Stones

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of China and Sri Lanka. This means that a dot/product with the flag of China 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 China.

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

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with