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2023
Flag → Flag
Exports $17MRnk 63 / 192
2023
Flag → Flag
Top Product $16.1MPetroleum Gas
2023
Flag → Flag
Exports $15.6MRnk 67 / 200
2023
Flag → Flag
Top Product $3.74MOther Women's Undergarments
2023
Flag
Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag  
GDP$41.3BCURRENT US$
Rnk 101 / 195
2013-2023
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GDP GROWTH62.2%CURRENT US$
Rnk 49 / 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 $30,133CURRENT US$
Rnk 47 / 195
2013-2023
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GDP PC GROWTH56%CURRENT US$
Rnk 35 / 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

Estonia-Sri Lanka Trade: In 2023, Estonia exported $17M to Sri Lanka. The main products that Estonia exported to Sri Lanka were Petroleum Gas ($16.1M), Light Rubberized Knitted Fabric ($615k), and Sawn Wood ($99.9k). Over the past 5 years the exports of Estonia to Sri Lanka have increased at an annualized rate of 42.4%, from $2.9M in 2018 to $17M in 2023.

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

Sri Lanka-Estonia Trade: In 2023, Sri Lanka exported $15.6M to Estonia. The main products that Sri Lanka exported to Estonia were Other Women's Undergarments ($3.74M), Activated Carbon ($1.85M), and Tea ($1.48M). Over the past 5 years the exports of Sri Lanka to Estonia have increased at an annualized rate of 10.2%,  from $9.64M in 2018 to $15.6M in 2023.

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

Comparison In 2023,  Estonia ranked 79 in total exports ($20B), and does not have data regarding Economic Complexity Index. That same year, Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Estonia exported $17M to Sri Lanka. The main products exported from Estonia to Sri Lanka were Petroleum Gas ($16.1M), Light Rubberized Knitted Fabric ($615k), and Sawn Wood ($99.9k). During the last 5 years the exports of Estonia to Sri Lanka have increased at an annualized rate of 42.4%, from $2.9M in 2018 to $17M in 2023.

In 2018, Sri Lanka exported $15.6M to Estonia. The main products exported from Sri Lanka to Estonia were Other Women's Undergarments ($3.74M), Activated Carbon ($1.85M), and Tea ($1.48M). During the last 5 years the exports of Sri Lanka to Estonia have increased at an annualized rate of 10.2%, from $9.64M in 2023 to $15.6M in 2018.

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

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

Latest Data

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

Estonia Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Estonia
Top DestinationFinland$2.71B
Sri Lanka
Top DestinationUnited States$2.98B

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 2023, countries that imported more from Estonia than Sri Lanka included Finland ($2.71B), Latvia ($1.91B), and Lithuania ($1.74B).

In 2023, countries that imported more from Sri Lanka than Estonia included United States ($2.98B), India ($991M), and United Kingdom ($900M).

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

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 2023, Estonia had a large net trade with Sri Lanka in the exports of Mineral Products ($16.1M), Textiles ($692k), and Wood Products ($99.9k).

During 2018, Sri Lanka had a large net trade with Estonia in the exports of Textiles ($8.42M), Chemical Products ($1.85M), and Vegetable Products ($1.67M).

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) (2023)

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