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Pricing

2023
Flag → Flag
Exports $1.54MRnk 109 / 174
2023
Flag → Flag
Top Product $1.06MRaw Tobacco
2023
Flag → Flag
Exports $13.6MRnk 71 / 200
2023
Flag → Flag
Top Product $7.26MCinnamon
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 104 / 132
2023
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Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag  
GDP$119BCURRENT US$
Rnk 63 / 195
2013-2023
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GDP GROWTH23.1%CURRENT US$
Rnk 131 / 195
2023
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 GDP$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
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GDP GROWTH9.55%CURRENT US$
Rnk 157 / 195
2023
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GDP PC $6,610CURRENT US$
Rnk 109 / 195
2013-2023
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GDP PC GROWTH8.19%CURRENT US$
Rnk 141 / 195
2023
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GDP PC$3,828CURRENT US$
Rnk 132 / 196
2013-2023
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GDP PC GROWTH2.34%CURRENT US$
Rnk 150 / 195

About

Ecuador-Sri Lanka Trade: In 2023, Ecuador exported $1.54M to Sri Lanka. The main products that Ecuador exported to Sri Lanka were Raw Tobacco ($1.06M), Crustaceans ($381k), and Non-Iron and Steel Slag, Ash and Residues ($84.2k). Over the past 5 years the exports of Ecuador to Sri Lanka have decreased at an annualized rate of 27%, from $7.43M in 2018 to $1.54M in 2023.

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

Sri Lanka-Ecuador Trade: In 2023, Sri Lanka exported $13.6M to Ecuador. The main products that Sri Lanka exported to Ecuador were Cinnamon ($7.26M), Activated Carbon ($724k), and Used Rubber Tires ($593k). Over the past 5 years the exports of Sri Lanka to Ecuador have increased at an annualized rate of 1%,  from $13M in 2018 to $13.6M in 2023.

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

Comparison: In 2023,  Ecuador ranked 104 in the Economic Complexity Index (ECI -0.85), and 65 in total exports ($37.3B). That same year, Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B).

Latest Trends

N/A

About

Overview In N/A, Ecuador exported $N/A and imported $N/A from Sri Lanka, resulting in a N/A trade balance of $N/A. Between N/A and N/A the exports of Ecuador have N/A by $N/A (N/A) from $N/A to $N/A, while imports N/A by $N/A (N/A) from $N/A to $N/A.

Trade In N/A, the top exports of Ecuador to Sri Lanka were . In N/A the top imports of Ecuador from Sri Lanka were Cinnamon ($582k), Knit Gloves ($31.1k), Non-Knit Women's Shirts ($15.4k), Other Vegetable Products ($13.3k), and Non-Knit Men's Suits ($7.42k).

Origins In N/A the exports of Ecuador were mainly from N/A, while imports destinations were mainly Guayaquil-Marítimo ($1.65M), Guayaquil-Aéreo ($111k), Huaquillas ($95.7k), Quito ($51.3k), and Cuenca ($776).

Growth In N/A, the N/A in Ecuador's year-by-year exports to Sri Lanka was explained primarily by an decrease in product exports in . In N/A, the N/A in Ecuador's year-by-year imports  from Sri Lanka was explained primarily by an decrease in product imports  in Cinnamon ($-364k or -38.5%), Rubber Tires ($-90.5k or -92.5%), and Rubber Apparel ($-36k or -86.4%).

Latest Trade

Time Scale
Flow
Value
Depth

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

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

For full datasets download visit Bulk Download page.

Explore Sri Lanka and Ecuador Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Ecuador exported $1.54M to Sri Lanka. The main products exported from Ecuador to Sri Lanka were Raw Tobacco ($1.06M), Crustaceans ($381k), and Non-Iron and Steel Slag, Ash and Residues ($84.2k). During the last 5 years the exports of Ecuador to Sri Lanka have decreased at an annualized rate of 27%, from $7.43M in 2018 to $1.54M in 2023.

In 2018, Sri Lanka exported $13.6M to Ecuador. The main products exported from Sri Lanka to Ecuador were Cinnamon ($7.26M), Activated Carbon ($724k), and Used Rubber Tires ($593k). During the last 5 years the exports of Sri Lanka to Ecuador have increased at an annualized rate of 1%, from $13M in 2023 to $13.6M in 2018.

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

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

Market Competitiveness

Color
Ecuador
Top DestinationUnited States$8.34B
Sri Lanka
Top DestinationUnited States$2.98B

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

In 2023, countries that imported more from Ecuador than Sri Lanka included China ($7.96B), United States ($8.34B), and Panama ($4.38B).

In 2023, countries that imported more from Sri Lanka than Ecuador included United Kingdom ($900M), Germany ($906M), and Australia ($255M).

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

Comparative Advantage Ecuador - Sri Lanka

Flow
Scale

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

During 2023, Ecuador had a large net trade with Sri Lanka in the exports of Foodstuffs ($1.06M), Animal Products ($381k), and Mineral Products ($84.2k).

During 2018, Sri Lanka had a large net trade with Ecuador in the exports of Vegetable Products ($7.36M), Textiles ($3M), and Plastics and Rubbers ($1.77M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ecuador Sri Lanka+$4.91kRefined Petroleum
Top Product Potential Sri Lanka Ecuador+$2.37kAnimal Food

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

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

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