2022
Flag  
GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 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 
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 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

Estonia-Sri Lanka Trade: In 2022, Estonia exported $2.87M to Sri Lanka. The main products that Estonia exported to Sri Lanka were Light Rubberized Knitted Fabric ($1.07M), Kraft Paper ($462k), and Sulfate Chemical Woodpulp ($397k). Over the past 5 years the exports of Estonia to Sri Lanka have decreased at an annualized rate of 13%, from $5.77M in 2017 to $2.87M in 2022.

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

Sri Lanka-Estonia Trade: In 2022, Sri Lanka exported $14.6M to Estonia. The main products that Sri Lanka exported to Estonia were Activated Carbon ($4.99M), Other Women's Undergarments ($3.35M), and Tea ($920k). Over the past 5 years the exports of Sri Lanka to Estonia have increased at an annualized rate of 9.51%,  from $9.26M in 2017 to $14.6M in 2022.

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

Comparison In 2022,  Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index. 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, Estonia exported $2.87M to Sri Lanka. The main products exported from Estonia to Sri Lanka were Light Rubberized Knitted Fabric ($1.07M), Kraft Paper ($462k), and Sulfate Chemical Woodpulp ($397k). During the last 5 years the exports of Estonia to Sri Lanka have decreased at an annualized rate of 13%, from $5.77M in 2017 to $2.87M in 2022.

In 2017, Sri Lanka exported $14.6M to Estonia. The main products exported from Sri Lanka to Estonia were Activated Carbon ($4.99M), Other Women's Undergarments ($3.35M), and Tea ($920k). During the last 5 years the exports of Sri Lanka to Estonia have increased at an annualized rate of 9.51%, from $9.26M in 2022 to $14.6M in 2017.

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

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

Latest Data

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

Estonia Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Estonia
Top Destination
Finland$3B
Sri Lanka
Top Destination
United States$3.52B

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

In 2022, countries that imported more from Estonia than Sri Lanka included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

In 2022, countries that imported more from Sri Lanka than Estonia included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

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

Comparative Advantage Estonia - Sri Lanka

Flow
Scale

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

During 2022, Estonia had a large net trade with Sri Lanka in the exports of Textiles ($1.31M), Paper Goods ($858k), and Metals ($251k).

During 2017, Sri Lanka had a large net trade with Estonia in the exports of Textiles ($6.41M), Chemical Products ($5.07M), and Vegetable Products ($1.12M).

Economic Complexity

Competitive Landscape

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

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

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