2022
Flag  
GDP
$221BCURRENT US$
Rnk 53 / 186
2012-2022
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GDP GROWTH
6.07%CURRENT US$
Rnk 150 / 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 
$11,244CURRENT US$
Rnk 73 / 186
2012-2022
Flag
GDP PC GROWTH
-9.23%CURRENT US$
Rnk 161 / 186
2022
Flag
GDP PC
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
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GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186

About

Kazakhstan-Sri Lanka Trade: In 2022, Kazakhstan exported $20.4M to Sri Lanka. The main products that Kazakhstan exported to Sri Lanka were Refined Petroleum ($16.4M), Asbestos ($3.94M), and Other Plastic Products ($27.7k). Over the past 5 years the exports of Kazakhstan to Sri Lanka have increased at an annualized rate of 30.5%, from $5.39M in 2017 to $20.4M in 2022.

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

Sri Lanka-Kazakhstan Trade: In 2022, Sri Lanka exported $8.15M to Kazakhstan. The main products that Sri Lanka exported to Kazakhstan were Tea ($4.22M), Knit Gloves ($383k), and Activated Carbon ($364k). Over the past 5 years the exports of Sri Lanka to Kazakhstan have increased at an annualized rate of 4.43%,  from $6.57M in 2017 to $8.15M in 2022.

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

Comparison: In 2022,  Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B). 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, Kazakhstan exported $20.4M to Sri Lanka. The main products exported from Kazakhstan to Sri Lanka were Refined Petroleum ($16.4M), Asbestos ($3.94M), and Other Plastic Products ($27.7k). During the last 5 years the exports of Kazakhstan to Sri Lanka have increased at an annualized rate of 30.5%, from $5.39M in 2017 to $20.4M in 2022.

In 2017, Sri Lanka exported $8.15M to Kazakhstan. The main products exported from Sri Lanka to Kazakhstan were Tea ($4.22M), Knit Gloves ($383k), and Activated Carbon ($364k). During the last 5 years the exports of Sri Lanka to Kazakhstan have increased at an annualized rate of 4.43%, from $6.57M in 2022 to $8.15M in 2017.

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

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

Latest Data

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

Kazakhstan Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Kazakhstan
Top Destination
China$13.4B
Sri Lanka
Top Destination
United States$3.52B

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

In 2022, countries that imported more from Kazakhstan than Sri Lanka included China ($13.4B), Italy ($12.4B), and Russia ($8.78B).

In 2022, countries that imported more from Sri Lanka than Kazakhstan included United States ($3.52B), Australia ($289M), and Bangladesh ($225M).

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

Comparative Advantage Kazakhstan - Sri Lanka

Flow
Scale

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

During 2022, Kazakhstan had a large net trade with Sri Lanka in the exports of Mineral Products ($20.3M), Plastics and Rubbers ($27.7k), and Transportation ($1.27k).

During 2017, Sri Lanka had a large net trade with Kazakhstan in the exports of Vegetable Products ($4.28M), Textiles ($1.76M), and Chemical Products ($545k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Kazakhstan Sri Lanka+$6.35kRefined Petroleum
Top Product Potential Sri Lanka Kazakhstan+$1.37MTea

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

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

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