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Pricing

2022
Flag → Flag
Exports $17.7MRnk 64 / 194
2022
Flag → Flag
Top Product $13.1MAluminium Cans
2022
Flag → Flag
Exports $8.35kRnk 70 / 105
2022
Flag → Flag
Top Product $8.14kLight Rubberized Knitted Fabric
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI -2.2Rnk 132 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$21.2BCURRENT US$
Rnk 112 / 186
2012-2022
Flag
GDP GROWTH178%CURRENT US$
Rnk 4 / 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$1,532CURRENT US$
Rnk 157 / 186
2012-2022
Flag
GDP PC GROWTH116%CURRENT US$
Rnk 6 / 186

About

Sri Lanka-Guinea Trade: In 2022, Sri Lanka exported $17.7M to Guinea. The main products that Sri Lanka exported to Guinea were Aluminium Cans ($13.1M), Tea ($3.18M), and Refined Petroleum ($598k). Over the past 6 years the exports of Sri Lanka to Guinea have increased at an annualized rate of 29.2%, from $3.8M in 2016 to $17.7M in 2022.

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

Guinea-Sri Lanka Trade: In 2022, Guinea exported $8.35k to Sri Lanka. The main products that Guinea exported to Sri Lanka were Light Rubberized Knitted Fabric ($8.14k), Paper Labels ($122), and Brochures ($75). Over the past 6 years the exports of Guinea to Sri Lanka have increased at an annualized rate of 114%,  from $184 in 2016 to $8.35k in 2022.

In 2022, Guinea 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, Guinea ranked 132 in the Economic Complexity Index (ECI -2.2), and 101 in total exports ($10.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $17.7M to Guinea. The main products exported from Sri Lanka to Guinea were Aluminium Cans ($13.1M), Tea ($3.18M), and Refined Petroleum ($598k). During the last 6 years the exports of Sri Lanka to Guinea have increased at an annualized rate of 29.2%, from $3.8M in 2016 to $17.7M in 2022.

In 2017, Guinea exported $8.35k to Sri Lanka. The main products exported from Guinea to Sri Lanka were Light Rubberized Knitted Fabric ($8.14k), Paper Labels ($122), and Brochures ($75). During the last 5 years the exports of Guinea to Sri Lanka have increased at an annualized rate of 114%, from $184 in 2022 to $8.35k in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Guinea
Top DestinationChina$3.81B

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

In 2022, countries that imported more from Sri Lanka than Guinea included United States ($3.52B), United Kingdom ($1.04B), and Germany ($881M).

In 2022, countries that imported more from Guinea than Sri Lanka included China ($3.81B), United Arab Emirates ($2.59B), and India ($2.77B).

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

Comparative Advantage Sri Lanka - Guinea

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Guinea in the exports of Metals ($13.1M), Vegetable Products ($3.18M), and Mineral Products ($598k).

During 2017, Guinea had a large net trade with Sri Lanka in the exports of Textiles ($8.14k), Paper Goods ($197), and Vegetable Products ($3).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Guinea+$1.82kKnit Women's Suits
Top Product Potential Guinea Sri Lanka+$4.51kGold

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

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

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