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Pricing

2022
Flag → Flag
Exports $12.7MRnk 76 / 194
2022
Flag → Flag
Top Product $8.13MCinnamon
2022
Flag → Flag
Exports $241kRnk 124 / 162
2022
Flag → Flag
Top Product $105kEssential Oils
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.2Rnk 76 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$95BCURRENT US$
Rnk 68 / 186
2012-2022
Flag
GDP GROWTH91.6%CURRENT US$
Rnk 17 / 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$5,473CURRENT US$
Rnk 107 / 186
2012-2022
Flag
GDP PC GROWTH63.1%CURRENT US$
Rnk 22 / 186

About

Sri Lanka-Guatemala Trade: In 2022, Sri Lanka exported $12.7M to Guatemala. The main products that Sri Lanka exported to Guatemala were Cinnamon ($8.13M), Lifting Machinery ($828k), and Coconut and Other Vegetable Fibers ($516k). Over the past 5 years the exports of Sri Lanka to Guatemala have increased at an annualized rate of 6.32%, from $9.32M in 2017 to $12.7M in 2022.

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

Guatemala-Sri Lanka Trade: In 2022, Guatemala exported $241k to Sri Lanka. The main products that Guatemala exported to Sri Lanka were Essential Oils ($105k), Non-Retail Artificial Staple Fibers Yarn ($75.8k), and Scrap Waste ($39.8k). Over the past 5 years the exports of Guatemala to Sri Lanka have decreased at an annualized rate of 32.8%,  from $19M in 2017 to $241k in 2022.

In 2022, Guatemala 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, Guatemala ranked 76 in the Economic Complexity Index (ECI -0.2), and 84 in total exports ($16.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $12.7M to Guatemala. The main products exported from Sri Lanka to Guatemala were Cinnamon ($8.13M), Lifting Machinery ($828k), and Coconut and Other Vegetable Fibers ($516k). During the last 5 years the exports of Sri Lanka to Guatemala have increased at an annualized rate of 6.32%, from $9.32M in 2017 to $12.7M in 2022.

In 2017, Guatemala exported $241k to Sri Lanka. The main products exported from Guatemala to Sri Lanka were Essential Oils ($105k), Non-Retail Artificial Staple Fibers Yarn ($75.8k), and Scrap Waste ($39.8k). During the last 5 years the exports of Guatemala to Sri Lanka have decreased at an annualized rate of 32.8%, from $19M in 2022 to $241k in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Guatemala Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Guatemala
Top DestinationUnited States$5.23B

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

In 2022, countries that imported more from Sri Lanka than Guatemala included India ($1.12B), United Kingdom ($1.04B), and Germany ($881M).

In 2022, countries that imported more from Guatemala than Sri Lanka included El Salvador ($2.03B), United States ($5.23B), and Honduras ($1.58B).

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

Comparative Advantage Sri Lanka - Guatemala

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Guatemala in the exports of Vegetable Products ($8.25M), Textiles ($2.19M), and Machines ($1.28M).

During 2017, Guatemala had a large net trade with Sri Lanka in the exports of Chemical Products ($105k), Textiles ($90.7k), and Metals ($39.8k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Guatemala+$446kNon-Knit Women's Suits
Top Product Potential Guatemala Sri Lanka+$13.1kEssential Oils

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

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

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