2022
Flag  
GDP
$74.4BCURRENT US$
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2012-2022
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GDP GROWTH
5.62%CURRENT US$
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2022
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 GDP
$219BCURRENT US$
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2012-2022
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GDP GROWTH
-9.49%CURRENT US$
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2022
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GDP PC 
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
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GDP PC GROWTH
0.074%CURRENT US$
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2022
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GDP PC
$20,732CURRENT US$
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2012-2022
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GDP PC GROWTH
-5.39%CURRENT US$
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About

Sri Lanka-Greece Trade: In 2022, Sri Lanka exported $8.79M to Greece. The main products that Sri Lanka exported to Greece were Tea ($1.79M), Documents of title (bonds etc) and unused stamps ($858k), and Rubber Tires ($716k). Over the past 5 years the exports of Sri Lanka to Greece have increased at an annualized rate of 6.21%, from $6.5M in 2017 to $8.79M in 2022.

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

Greece-Sri Lanka Trade: In 2022, Greece exported $9.27M to Sri Lanka. The main products that Greece exported to Sri Lanka were Razor Blades ($3.26M), Textile Processing Machines ($2.2M), and Packaged Medicaments ($1.24M). Over the past 5 years the exports of Greece to Sri Lanka have increased at an annualized rate of 6.2%,  from $6.86M in 2017 to $9.27M in 2022.

In 2022, Greece 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, Greece ranked 50 in the Economic Complexity Index (ECI 0.33), and 57 in total exports ($55.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $8.79M to Greece. The main products exported from Sri Lanka to Greece were Tea ($1.79M), Documents of title (bonds etc) and unused stamps ($858k), and Rubber Tires ($716k). During the last 5 years the exports of Sri Lanka to Greece have increased at an annualized rate of 6.21%, from $6.5M in 2017 to $8.79M in 2022.

In 2017, Greece exported $9.27M to Sri Lanka. The main products exported from Greece to Sri Lanka were Razor Blades ($3.26M), Textile Processing Machines ($2.2M), and Packaged Medicaments ($1.24M). During the last 5 years the exports of Greece to Sri Lanka have increased at an annualized rate of 6.2%, from $6.86M in 2022 to $9.27M in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Greece Exports

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$3.52B
Greece
Top Destination
Italy$5.82B

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

In 2022, countries that imported more from Sri Lanka than Greece included United States ($3.52B), India ($1.12B), and Bangladesh ($225M).

In 2022, countries that imported more from Greece than Sri Lanka included Italy ($5.82B), Bulgaria ($3.62B), and Cyprus ($2.92B).

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

Comparative Advantage Sri Lanka - Greece

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Greece in the exports of Vegetable Products ($2.96M), Textiles ($2.38M), and Plastics and Rubbers ($1.61M).

During 2017, Greece had a large net trade with Sri Lanka in the exports of Machines ($3.7M), Metals ($3.33M), and Chemical Products ($1.45M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Greece+$1.04MRubber Tires
Top Product Potential Greece Sri Lanka+$1.86MPackaged Medicaments

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

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

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