Guyana (GUY) and Sri Lanka (LKA) Trade | The Observatory of Economic Complexity

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Guyana-Sri Lanka Trade: In 2022, Guyana exported $60 to Sri Lanka. The main products that Guyana exported to Sri Lanka were Hard Liquor ($22), Packaged Medicaments ($19), and Bandages ($5). Over the past 7 years the exports of Guyana to Sri Lanka have decreased at an annualized rate of 43.4%, from $3.23k in 2015 to $60 in 2022.

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

Sri Lanka-Guyana Trade: In 2022, Sri Lanka exported $458k to Guyana. The main products that Sri Lanka exported to Guyana were Tea ($457k), Other Rubber Products ($761), and Knit T-shirts ($116). Over the past 7 years the exports of Sri Lanka to Guyana have decreased at an annualized rate of 11.1%, from $824k in 2015 to $458k in 2022.

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

Comparison In 2022, Guyana ranked 80 in total exports ($18.5B), 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Guyana exported $60 to Sri Lanka. The main products exported from Guyana to Sri Lanka were Hard Liquor ($22), Packaged Medicaments ($19), and Bandages ($5). During the last 7 years the exports of Guyana to Sri Lanka have decreased at an annualized rate of 43.4%, from $3.23k in 2015 to $60 in 2022.

In 2017, Sri Lanka exported $458k to Guyana. The main products exported from Sri Lanka to Guyana were Tea ($457k), Other Rubber Products ($761), and Knit T-shirts ($116). During the last 5 years the exports of Sri Lanka to Guyana have decreased at an annualized rate of 11.1%, from $824k in 2022 to $458k in 2017.

Exports from Guyana () to Sri Lanka () (2022)

Exports from Sri Lanka () to Guyana () (2022)

Latest Data

Trade between Guyana () and Sri Lanka ()

Guyana Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Guyana
Top DestinationPanama$5.84B

Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Guyana than Sri Lanka included Panama ($5.84B), Netherlands ($2.86B), and United Arab Emirates ($1.18B).

In 2022, countries that imported more from Sri Lanka than Guyana included United States ($3.52B), India ($1.12B), and Belgium ($327M).

Difference in imports from Sri Lanka () and Guyana () (2022)

Comparative Advantage Guyana - Sri Lanka

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Guyana had a large net trade with Sri Lanka in the exports of Foodstuffs ($26), Chemical Products ($24), and Textiles ($10).

During 2017, Sri Lanka had a large net trade with Guyana in the exports of Vegetable Products ($457k), Plastics and Rubbers ($761), and Textiles ($192).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Guyana () to Sri Lanka () (2022)

Exports from Sri Lanka () to Guyana () (2022)

Latest Data

Trade between Guyana () and Sri Lanka ()

Guyana Exports

Market Competitiveness

Difference in imports from Sri Lanka () and Guyana () (2022)

Comparative Advantage Guyana - Sri Lanka

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Guyana () and Sri Lanka () (2022)

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