2022
Flag  
GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP
$291BCURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP GROWTH
39.3%CURRENT US$
Rnk 83 / 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
$27,638CURRENT US$
Rnk 42 / 186
2012-2022
Flag
GDP PC GROWTH
39.1%CURRENT US$
Rnk 51 / 186

About

Sri Lanka-Czechia Trade: In 2022, Sri Lanka exported $74.4M to Czechia. The main products that Sri Lanka exported to Czechia were Knit Gloves ($9.58M), Non-Knit Women's Suits ($5.95M), and Knit Women's Undergarments ($5.43M). Over the past 5 years the exports of Sri Lanka to Czechia have increased at an annualized rate of 12.5%, from $41.3M in 2017 to $74.4M in 2022.

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

Czechia-Sri Lanka Trade: In 2022, Czechia exported $17.2M to Sri Lanka. The main products that Czechia exported to Sri Lanka were Glass Fibers ($3.18M), Plastic Pipes ($2.95M), and Synthetic Rubber ($1.35M). Over the past 5 years the exports of Czechia to Sri Lanka have increased at an annualized rate of 2.49%,  from $15.2M in 2017 to $17.2M in 2022.

In 2022, Czechia 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, Czechia ranked 7 in the Economic Complexity Index (ECI 1.55), and 30 in total exports ($237B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $74.4M to Czechia. The main products exported from Sri Lanka to Czechia were Knit Gloves ($9.58M), Non-Knit Women's Suits ($5.95M), and Knit Women's Undergarments ($5.43M). During the last 5 years the exports of Sri Lanka to Czechia have increased at an annualized rate of 12.5%, from $41.3M in 2017 to $74.4M in 2022.

In 2017, Czechia exported $17.2M to Sri Lanka. The main products exported from Czechia to Sri Lanka were Glass Fibers ($3.18M), Plastic Pipes ($2.95M), and Synthetic Rubber ($1.35M). During the last 5 years the exports of Czechia to Sri Lanka have increased at an annualized rate of 2.49%, from $15.2M in 2022 to $17.2M in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Czechia Exports

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$3.52B
Czechia
Top Destination
Germany$75.3B

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

In 2022, countries that imported more from Sri Lanka than Czechia included Bangladesh ($225M), Maldives ($128M), and Iran ($86.1M).

In 2022, countries that imported more from Czechia than Sri Lanka included Germany ($75.3B), Slovakia ($19.7B), and Poland ($16.2B).

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

Comparative Advantage Sri Lanka - Czechia

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Czechia in the exports of Textiles ($43.9M), Plastics and Rubbers ($10.7M), and Machines ($6.02M).

During 2017, Czechia had a large net trade with Sri Lanka in the exports of Plastics and Rubbers ($4.95M), Machines ($4.62M), and Stone And Glass ($3.31M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Czechia+$4.37MNon-Knit Women's Suits
Top Product Potential Czechia Sri Lanka+$857kMachinery Having Individual Functions

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

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

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