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Pricing

2022
Flag → Flag
Exports $277MRnk 38 / 198
2022
Flag → Flag
Top Product $33.7MLight Rubberized Knitted Fabric
2022
Flag → Flag
Exports $199MRnk 16 / 194
2022
Flag → Flag
Top Product $31.3MPrecious Stones
2022
Flag
Economic Complexity (ECI) ECI 1.18Rnk 21 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag  
GDP$360BCURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP GROWTH37%CURRENT US$
Rnk 89 / 186
2022
Flag
 GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC $48,984CURRENT US$
Rnk 20 / 186
2012-2022
Flag
GDP PC GROWTH33.4%CURRENT US$
Rnk 58 / 186
2022
Flag
GDP PC$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Hong Kong-Sri Lanka Trade: In 2022, Hong Kong exported $277M to Sri Lanka. The main products that Hong Kong exported to Sri Lanka were Light Rubberized Knitted Fabric ($33.7M), Narrow Woven Fabric ($31.6M), and Buttons ($13M). Over the past 5 years the exports of Hong Kong to Sri Lanka have decreased at an annualized rate of 9.39%, from $453M in 2017 to $277M in 2022.

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

Sri Lanka-Hong Kong Trade: In 2022, Sri Lanka exported $199M to Hong Kong. The main products that Sri Lanka exported to Hong Kong were Precious Stones ($31.3M), Tea ($16.8M), and Refined Petroleum ($13.4M). Over the past 5 years the exports of Sri Lanka to Hong Kong have decreased at an annualized rate of 0.37%,  from $203M in 2017 to $199M in 2022.

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

Comparison: In 2022,  Hong Kong ranked 21 in the Economic Complexity Index (ECI 1.18), and 39 in total exports ($113B). 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, Hong Kong exported $277M to Sri Lanka. The main products exported from Hong Kong to Sri Lanka were Light Rubberized Knitted Fabric ($33.7M), Narrow Woven Fabric ($31.6M), and Buttons ($13M). During the last 5 years the exports of Hong Kong to Sri Lanka have decreased at an annualized rate of 9.39%, from $453M in 2017 to $277M in 2022.

In 2017, Sri Lanka exported $199M to Hong Kong. The main products exported from Sri Lanka to Hong Kong were Precious Stones ($31.3M), Tea ($16.8M), and Refined Petroleum ($13.4M). During the last 5 years the exports of Sri Lanka to Hong Kong have decreased at an annualized rate of 0.37%, from $203M in 2022 to $199M in 2017.

Exports from Hong Kong (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to Hong Kong (Flag) (2022)

Latest Data

Trade between Hong Kong (Flag) and Sri Lanka (Flag)

Hong Kong Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Hong Kong
Top DestinationChina$23.4B
Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Hong Kong than Sri Lanka included China ($23.4B), India ($14.3B), and Netherlands ($6.56B).

In 2022, countries that imported more from Sri Lanka than Hong Kong included Italy ($662M), Iraq ($164M), and Maldives ($128M).

Difference in imports from Sri Lanka (Flag) and Hong Kong (Flag) (2022)

Comparative Advantage Hong Kong - Sri Lanka

Flow
Scale

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

During 2022, Hong Kong had a large net trade with Sri Lanka in the exports of Textiles ($126M), Machines ($54M), and Plastics and Rubbers ($21.2M).

During 2017, Sri Lanka had a large net trade with Hong Kong in the exports of Textiles ($47.4M), Precious Metals ($45.2M), and Machines ($33.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Hong Kong Sri Lanka+$4.86MTelephones
Top Product Potential Sri Lanka Hong Kong+$10.1MDiamonds

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

Product Space of Hong Kong (Flag) and Sri Lanka (Flag) (2022)

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