2022
Flag  
GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP
$633BCURRENT US$
Rnk 22 / 186
2012-2022
Flag
GDP GROWTH
15.9%CURRENT US$
Rnk 134 / 186
2022
Flag
GDP PC 
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC
$13,686CURRENT US$
Rnk 65 / 186
2012-2022
Flag
GDP PC GROWTH
4.61%CURRENT US$
Rnk 129 / 186

About

Sri Lanka-Argentina Trade: In 2022, Sri Lanka exported $12.9M to Argentina. The main products that Sri Lanka exported to Argentina were Tea ($1.44M), Rubber Tires ($1.44M), and Used Rubber Tires ($1.2M). Over the past 5 years the exports of Sri Lanka to Argentina have decreased at an annualized rate of 1.06%, from $13.6M in 2017 to $12.9M in 2022.

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

Argentina-Sri Lanka Trade: In 2022, Argentina exported $7.26M to Sri Lanka. The main products that Argentina exported to Sri Lanka were Spice Seeds ($3.18M), Packaged Medicaments ($3.18M), and Crustaceans ($366k). Over the past 5 years the exports of Argentina to Sri Lanka have decreased at an annualized rate of 1.04%,  from $7.65M in 2017 to $7.26M in 2022.

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

Comparison: In 2022,  Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B). That same year, Argentina ranked 61 in the Economic Complexity Index (ECI 0.064), and 47 in total exports ($87.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $12.9M to Argentina. The main products exported from Sri Lanka to Argentina were Tea ($1.44M), Rubber Tires ($1.44M), and Used Rubber Tires ($1.2M). During the last 5 years the exports of Sri Lanka to Argentina have decreased at an annualized rate of 1.06%, from $13.6M in 2017 to $12.9M in 2022.

In 2017, Argentina exported $7.26M to Sri Lanka. The main products exported from Argentina to Sri Lanka were Spice Seeds ($3.18M), Packaged Medicaments ($3.18M), and Crustaceans ($366k). During the last 5 years the exports of Argentina to Sri Lanka have decreased at an annualized rate of 1.04%, from $7.65M in 2022 to $7.26M in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Argentina Exports

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$3.52B
Argentina
Top Destination
Brazil$12.6B

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

In 2022, countries that imported more from Sri Lanka than Argentina included Maldives ($128M), United Kingdom ($1.04B), and Hong Kong ($199M).

In 2022, countries that imported more from Argentina than Sri Lanka included Brazil ($12.6B), China ($8B), and Chile ($5.11B).

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

Comparative Advantage Sri Lanka - Argentina

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Argentina in the exports of Plastics and Rubbers ($3.59M), Textiles ($3.07M), and Vegetable Products ($2.18M).

During 2017, Argentina had a large net trade with Sri Lanka in the exports of Chemical Products ($3.59M), Vegetable Products ($3.18M), and Animal Products ($366k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Argentina+$3.21kRubber Tires
Top Product Potential Argentina Sri Lanka+$5.29kRefined Petroleum

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 Sri Lanka and Argentina. This means that a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Argentina. Similarly, a dot/product with the flag of Argentina indicates it has a comparative advantage over Sri Lanka.

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

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