New 50% OFF discount for academic accounts !
New 2022 ECI Rankings !
New Company Reports !
New Product Data Download Page !
Sign In
Pricing

2022
Flag → Flag
Exports $302MRnk 98 / 223
2022
Flag → Flag
Top Product $19.5MPackaged Medicaments
2022
Flag → Flag
Exports $881MRnk 4 / 194
2022
Flag → Flag
Top Product $67.3MNon-Knit Men's Suits
2022
Flag
Economic Complexity (ECI) ECI 1.75Rnk 3 / 124
2022
Flag
Economic Complexity (ECI) ECI -0.42Rnk 80 / 124
2022
Flag  
GDP$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
 GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC $48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH10.4%CURRENT US$
Rnk 115 / 186
2022
Flag
GDP PC$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Germany-Sri Lanka In 2022, Germany exported $302M to Sri Lanka. The main products that Germany exported to Sri Lanka are Packaged Medicaments ($19.5M), Electric Generating Sets ($18.6M), and Vaccines, blood, antisera, toxins and cultures ($18.4M). During the last 27 years the exports of Germany to Sri Lanka have increased at an annualized rate of 2.25%, from $166M in 1995 to $302M in 2022.

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

Sri Lanka-Germany In 2022, Sri Lanka exported $881M to Germany. The main products that Sri Lanka exported to Germany were Non-Knit Men's Suits ($67.3M), Used Rubber Tires ($57.9M), and Knit Gloves ($56.6M). During the last 27 years the exports of Sri Lanka to Germany have increased at an annualized rate of 3.69%, from $331M in 1995 to $881M in 2022.

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

Comparison In 2022,  Germany ranked 3 in the Economic Complexity Index (ECI 1.75), and 3 in total exports ($1.6T). That same year, Sri Lanka ranked 80 in the Economic Complexity Index (ECI -0.42), and 89 in total exports ($14.8B).

Latest Trends

January, 2024

About

Overview In January 2024, Germany exported €17.2M and imported €61.4M from Sri Lanka, resulting in a negative trade balance of €44.2M. Between January 2023 and January 2024 the exports of Germany have increased by €2.34M (15.7%) from €14.8M to €17.2M, while imports decreased by €-14.8M (-19.5%) from €76.2M to €61.4M.

Trade In January 2024, the top exports of Germany to Sri Lanka were Pharmaceutical products (€1.29M), Machinery for electricity production, distribution (€1.15M), Electronic devices (€1.14M), Fabrics of silk, man-made filament yarn (€945k), and Other articles of iron, iron sheet,... (€829k). In January 2024 the top imports of Germany from Sri Lanka were Apparel of knitted, crocheted silk, man-made... (€12.7M), Apparel of cotton, excl. of knitted... (€11.4M), Apparel of knitted or crocheted fabrics... (€10.9M), Articles of rubber (€7.98M), and Apparel of silk, man-made fibres, excl.... (€6.98M).

Origins In January 2024 the exports of Germany were mainly from Baden-Württemberg (€2.79M), Bavaria (€2.5M), North Rhine-Westphalia (€2.28M), Lower Saxony (€1.38M), and Hesse (€777k), while imports destinations were mainly North Rhine-Westphalia (€14.6M), Baden-Württemberg (€13M), Bavaria (€8.2M), Hamburg (€6.5M), and Lower Saxony (€4.94M).

Growth In January 2024, the increase in Germany's year-by-year exports to Sri Lanka was explained primarily by an increase in product exports in Machinery for electricity production, distribution (€556k or 94.2%), Pharmaceutical products (€514k or 65.9%), and Woven, knitted or crocheted fabrics of... (€478k or 7.97k%). In January 2024, the decrease in Germany's year-by-year imports  from Sri Lanka was explained primarily by an decrease in product imports  in Articles of rubber (€-6.57M or -45.2%), Apparel of knitted or crocheted fabrics... (€-2.08M or -16.1%), and Other food of vegetable origin (€-1.58M or -42.5%).

Latest Trade

Flow
Time Scale
Value
EXPORT GROWTH (January 2023 - January 2024)€2.34M(15.7%)
IMPORT GROWTH (January 2023 - January 2024)€-14.8M(-19.5%)
MAIN EXPORTER (January 2024)Baden-Württemberg€2.79M

This section shows exports and imports data at subnational level for Germany. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Germany over time.

To check Sri Lanka and Germany trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Sri Lanka and Germany Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Germany exported $302M to Sri Lanka. The main products exported from Germany to Sri Lanka were Packaged Medicaments ($19.5M), Electric Generating Sets ($18.6M), and Vaccines, blood, antisera, toxins and cultures ($18.4M). During the last 27 years the exports of Germany to Sri Lanka have increased at an annualized rate of 2.25%, from $166M in 1995 to $302M in 2022.

In 2022, Sri Lanka exported $881M to Germany. The main products exported from Sri Lanka to Germany were Non-Knit Men's Suits ($67.3M), Used Rubber Tires ($57.9M), and Knit Gloves ($56.6M). During the last 27 years the exports of Sri Lanka to Germany have increased at an annualized rate of 3.69%, from $331M in 1995 to $881M in 2022.

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

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

Market Competitiveness

Color
Germany
Top DestinationUnited States$153B
Sri Lanka
Top DestinationUnited States$3.52B

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

In 2021, countries that imported more from Germany than Sri Lanka were United States ($153B), France ($120B), and China ($109B).

In 2021, countries that imported more from Sri Lanka than Germany were Maldives ($128M), Haiti ($29.5M), and American Samoa ($622k).

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

Comparative Advantage Germany - Sri Lanka

Flow
Scale

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

During 2022, Germany had a large net trade with Sri Lanka in the exports of Machines ($117M), Chemical Products ($77.3M), and Textiles ($20.8M).

During 2022, Sri Lanka had a large net trade with Germany in the exports of Textiles ($431M), Plastics and Rubbers ($121M), and Machines ($68.3M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Germany has comparative advantage over Sri Lanka. Similarly, the more yellow a dot/product is, the more Sri Lanka has comparative advantage over Germany.

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms