NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $7.03MRnk 86 / 200
2023
Flag → Flag
Top Product $1.34MNon-Retail Synthetic Filament Yarn
2023
Flag → Flag
Exports $1.05MRnk 97 / 166
2023
Flag → Flag
Top Product $755kRaw Tobacco
2023
Flag
Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.04Rnk 62 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
 GDP$121BCURRENT US$
Rnk 62 / 195
2013-2023
Flag
GDP GROWTH93.7%CURRENT US$
Rnk 18 / 195
2023
Flag
GDP PC $3,828CURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP PC GROWTH2.34%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC$10,718CURRENT US$
Rnk 87 / 196
2013-2023
Flag
GDP PC GROWTH74.3%CURRENT US$
Rnk 21 / 195

About

Sri Lanka-Dominican Republic Trade: In 2023, Sri Lanka exported $7.03M to Dominican Republic. The main products that Sri Lanka exported to Dominican Republic were Non-Retail Synthetic Filament Yarn ($1.34M), Rubber Textiles ($1.32M), and Activated Carbon ($1.24M). Over the past 5 years the exports of Sri Lanka to Dominican Republic have increased at an annualized rate of 26.5%, from $2.17M in 2018 to $7.03M in 2023.

In 2023, Sri Lanka did not export any services to Dominican Republic.

Dominican Republic-Sri Lanka Trade: In 2023, Dominican Republic exported $1.05M to Sri Lanka. The main products that Dominican Republic exported to Sri Lanka were Raw Tobacco ($755k), Cotton Sewing Thread ($147k), and Medical Instruments ($110k). Over the past 5 years the exports of Dominican Republic to Sri Lanka have increased at an annualized rate of 25.3%,  from $341k in 2018 to $1.05M in 2023.

In 2023, Dominican Republic did not export any services to Sri Lanka.

Comparison: In 2023,  Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B). That same year, Dominican Republic ranked 62 in the Economic Complexity Index (ECI 0.04), and 91 in total exports ($13.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sri Lanka exported $7.03M to Dominican Republic. The main products exported from Sri Lanka to Dominican Republic were Non-Retail Synthetic Filament Yarn ($1.34M), Rubber Textiles ($1.32M), and Activated Carbon ($1.24M). During the last 5 years the exports of Sri Lanka to Dominican Republic have increased at an annualized rate of 26.5%, from $2.17M in 2018 to $7.03M in 2023.

In 2018, Dominican Republic exported $1.05M to Sri Lanka. The main products exported from Dominican Republic to Sri Lanka were Raw Tobacco ($755k), Cotton Sewing Thread ($147k), and Medical Instruments ($110k). During the last 5 years the exports of Dominican Republic to Sri Lanka have increased at an annualized rate of 25.3%, from $341k in 2023 to $1.05M in 2018.

Exports from Sri Lanka (Flag) to Dominican Republic (Flag) (2023)

Exports from Dominican Republic (Flag) to Sri Lanka (Flag) (2023)

Latest Data

Trade between Sri Lanka (Flag) and Dominican Republic (Flag)

Dominican Republic Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$2.98B
Dominican Republic
Top DestinationUnited States$7.08B

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

In 2023, countries that imported more from Sri Lanka than Dominican Republic included United Kingdom ($900M), Italy ($653M), and Germany ($906M).

In 2023, countries that imported more from Dominican Republic than Sri Lanka included United States ($7.08B), Haiti ($856M), and Switzerland ($885M).

Difference in imports from Dominican Republic (Flag) and Sri Lanka (Flag) (2023)

Comparative Advantage Sri Lanka - Dominican Republic

Flow
Scale

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

During 2023, Sri Lanka had a large net trade with Dominican Republic in the exports of Textiles ($3.33M), Chemical Products ($1.26M), and Plastics and Rubbers ($1.16M).

During 2018, Dominican Republic had a large net trade with Sri Lanka in the exports of Foodstuffs ($762k), Textiles ($150k), and Instruments ($110k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Dominican Republic+$2.68kCrude Petroleum
Top Product Potential Dominican Republic Sri Lanka+$3.19kGold

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Sri Lanka and Dominican Republic. This means that a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Dominican Republic. Similarly, a dot/product with the flag of Dominican Republic indicates it has a comparative advantage over Sri Lanka.

Product Space of Sri Lanka (Flag) and Dominican Republic (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms