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Pricing

2022
Flag → Flag
Exports $11.6MRnk 78 / 194
2022
Flag → Flag
Top Product $2.42MLight Rubberized Knitted Fabric
2022
Flag → Flag
Exports $305kRnk 108 / 158
2022
Flag → Flag
Top Product $61.4kSpice Seeds
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.72Rnk 98 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$127BCURRENT US$
Rnk 60 / 186
2012-2022
Flag
GDP GROWTH193%CURRENT US$
Rnk 3 / 186
2022
Flag
GDP PC $3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC$1,028CURRENT US$
Rnk 168 / 186
2012-2022
Flag
GDP PC GROWTH124%CURRENT US$
Rnk 4 / 186

About

Sri Lanka-Ethiopia Trade: In 2022, Sri Lanka exported $11.6M to Ethiopia. The main products that Sri Lanka exported to Ethiopia were Light Rubberized Knitted Fabric ($2.42M), Paper Containers ($999k), and Non-Retail Artificial Staple Fibers Sewing Thread ($973k). Over the past 5 years the exports of Sri Lanka to Ethiopia have decreased at an annualized rate of 7.64%, from $17.2M in 2017 to $11.6M in 2022.

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

Ethiopia-Sri Lanka Trade: In 2022, Ethiopia exported $305k to Sri Lanka. The main products that Ethiopia exported to Sri Lanka were Spice Seeds ($61.4k), Light Mixed Woven Cotton ($61.3k), and Soybeans ($60.9k). Over the past 5 years the exports of Ethiopia to Sri Lanka have decreased at an annualized rate of 34.3%,  from $2.49M in 2017 to $305k in 2022.

In 2022, Ethiopia 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, Ethiopia ranked 98 in the Economic Complexity Index (ECI -0.72), and 134 in total exports ($4.24B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $11.6M to Ethiopia. The main products exported from Sri Lanka to Ethiopia were Light Rubberized Knitted Fabric ($2.42M), Paper Containers ($999k), and Non-Retail Artificial Staple Fibers Sewing Thread ($973k). During the last 5 years the exports of Sri Lanka to Ethiopia have decreased at an annualized rate of 7.64%, from $17.2M in 2017 to $11.6M in 2022.

In 2017, Ethiopia exported $305k to Sri Lanka. The main products exported from Ethiopia to Sri Lanka were Spice Seeds ($61.4k), Light Mixed Woven Cotton ($61.3k), and Soybeans ($60.9k). During the last 5 years the exports of Ethiopia to Sri Lanka have decreased at an annualized rate of 34.3%, from $2.49M in 2022 to $305k in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Ethiopia Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Ethiopia
Top DestinationUnited Arab Emirates$723M

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

In 2022, countries that imported more from Sri Lanka than Ethiopia included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

In 2022, countries that imported more from Ethiopia than Sri Lanka included United Arab Emirates ($723M), Somalia ($265M), and Saudi Arabia ($268M).

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

Comparative Advantage Sri Lanka - Ethiopia

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Ethiopia in the exports of Textiles ($5.87M), Paper Goods ($2.76M), and Plastics and Rubbers ($965k).

During 2017, Ethiopia had a large net trade with Sri Lanka in the exports of Vegetable Products ($122k), Textiles ($77.7k), and Machines ($36k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Ethiopia+$291kOther knitted or crocheted fabrics.
Top Product Potential Ethiopia Sri Lanka+$77.5kLight Mixed Woven Cotton

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

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

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