Flag United Kingdom / Sri Lanka Flag

Exports Flag β†’ Flag  (2018): $387M, Rnk 75 / 217

Top Product Flag β†’ Flag (2018): $181M, Cars

Exports Flag β†’ Flag (2018): $809M, Rnk 4 / 125

Top Product Flag β†’ Flag (2018): $113M, Non-Knit Women's Suits

Economic Complexity of Flag (2018): ECI 1.49, Rnk 13 / 137

Economic Complexity of Flag (2018): ECI -0.65, Rnk 97 / 137

GDP Flag (2018): $2.86T, CURRENT US$
Rnk 5 / 196

GDP GROWTH Flag (2008-2018): -2.31%, CURRENT US$
Rnk 171 / 196

GDP Flag (2018): $88.9B, CURRENT US$
Rnk 64 / 196

GDP GROWTH Flag (2008-2018): 118%, CURRENT US$
Rnk 24 / 196

GDP PC Flag (2018): $42,944, CURRENT US$
Rnk 22 / 196

GDP PC GROWTH Flag (2008-2018): -9.18%, CURRENT US$
Rnk 168 / 196

GDP PC Flag (2018): $4,102, CURRENT US$
Rnk 122 / 196

GDP PC GROWTH Flag (2008-2018): 101%, CURRENT US$
Rnk 15 / 196

United Kingdom-Sri Lanka: In 2018, United Kingdom exported $387M to Sri Lanka. The main products exported from United Kingdom to Sri Lanka were Cars ($181M), Uncoated Paper ($18.9M), and Packaged Medicaments ($16.2M). During the last 23 years the exports of United Kingdom to Sri Lanka have increased at an annualized rate of 2.36%, from $226M in 1995 to $387M in 2018.

Sri Lanka-United Kingdom: In 2018, Sri Lanka exported $809M to United Kingdom. The main products exported from Sri Lanka to United Kingdom were Non-Knit Women's Suits ($113M), Knit Babies' Garments ($74.4M), and Knit Women's Suits ($67.3M). During the last 23 years the exports of Sri Lanka to United Kingdom have increased at an annualized rate of 4.14%, from $318M in 1995 to $809M in 2018.

Comparison: In 2018, United Kingdom ranked 13 in the Economic Complexity Index (ECI 1.49), and 9 in total exports ($464B). That same year, Sri Lanka ranked 97 in the Economic Complexity Index (ECI -0.65), and 84 in total exports ($11.1B). In terms of GDP Per Capita, United Kingdom was ranked 22 with a GDP Per Capita of $42,944, and Sri Lanka was ranked 122 with a GDP Per Capita of $4,102.

Bilateral Trade by Products

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Depth
Value

In 2018, United Kingdom exported $387M to Sri Lanka. The main products exported from United Kingdom to Sri Lanka were Cars ($181M), Uncoated Paper ($18.9M), and Packaged Medicaments ($16.2M). During the last 23 years the exports of United Kingdom to Sri Lanka have increased at an annualized rate of 2.36%, from $226M in 1995 to $387M in 2018.

In 2018, Sri Lanka exported $809M to United Kingdom. The main products exported from Sri Lanka to United Kingdom were Non-Knit Women's Suits ($113M), Knit Babies' Garments ($74.4M), and Knit Women's Suits ($67.3M). During the last 23 years the exports of Sri Lanka to United Kingdom have increased at an annualized rate of 4.14%, from $318M in 1995 to $809M in 2018.

Date

Market Competitiveness

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Measure

United Kingdom
Top Destination
: United States, $61.9B

Sri Lanka
Top Destination
: United States, $2.69B

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

In 2018, countries that imported more from United Kingdom than Sri Lanka were United States ($61.9B), Germany ($45.5B), and Netherlands ($33.3B).

In 2018, countries that imported more from Sri Lanka than United Kingdom were Maldives ($162M).

Comparative Advantage United Kingdom - Sri Lanka

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Depth

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

During 2018, United Kingdom had a large net trade with Sri Lanka in the exports of Transportation ($189M), Machines ($58.1M), and Chemical Products ($38.2M).

During 2018, Sri Lanka had a large net trade with United Kingdom in the exports of Textiles ($636M), Plastics and Rubbers ($38.2M), and Vegetable Products ($32M).

Trade Forecasts

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This section shows a forecast for total trade between United Kingdom and Sri Lanka. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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