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2022
Flag → Flag
Exports $67.1MRnk 40 / 194
2022
Flag → Flag
Top Product $15.2MLight Rubberized Knitted Fabric
2022
Flag → Flag
Exports $343MRnk 53 / 216
2022
Flag → Flag
Top Product $48.3MRubber
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.012Rnk 67 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$1.32TCURRENT US$
Rnk 16 / 186
2012-2022
Flag
GDP GROWTH43.7%CURRENT US$
Rnk 79 / 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$4,788CURRENT US$
Rnk 114 / 186
2012-2022
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GDP PC GROWTH30.5%CURRENT US$
Rnk 62 / 186

About

Sri Lanka-Indonesia Trade: In 2022, Sri Lanka exported $67.1M to Indonesia. The main products that Sri Lanka exported to Indonesia were Light Rubberized Knitted Fabric ($15.2M), Raw Tobacco ($6.88M), and Refined Petroleum ($3.91M). Over the past 5 years the exports of Sri Lanka to Indonesia have increased at an annualized rate of 0.99%, from $63.9M in 2017 to $67.1M in 2022.

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

Indonesia-Sri Lanka Trade: In 2022, Indonesia exported $343M to Sri Lanka. The main products that Indonesia exported to Sri Lanka were Rubber ($48.3M), Nitrogenous Fertilizers ($40.5M), and Raw Tobacco ($38.5M). Over the past 5 years the exports of Indonesia to Sri Lanka have decreased at an annualized rate of 3.19%,  from $403M in 2017 to $343M in 2022.

In 2022, Indonesia 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, Indonesia ranked 67 in the Economic Complexity Index (ECI -0.012), and 26 in total exports ($320B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $67.1M to Indonesia. The main products exported from Sri Lanka to Indonesia were Light Rubberized Knitted Fabric ($15.2M), Raw Tobacco ($6.88M), and Refined Petroleum ($3.91M). During the last 5 years the exports of Sri Lanka to Indonesia have increased at an annualized rate of 0.99%, from $63.9M in 2017 to $67.1M in 2022.

In 2017, Indonesia exported $343M to Sri Lanka. The main products exported from Indonesia to Sri Lanka were Rubber ($48.3M), Nitrogenous Fertilizers ($40.5M), and Raw Tobacco ($38.5M). During the last 5 years the exports of Indonesia to Sri Lanka have decreased at an annualized rate of 3.19%, from $403M in 2022 to $343M in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Indonesia Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Indonesia
Top DestinationChina$67.7B

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

In 2022, countries that imported more from Sri Lanka than Indonesia included Maldives ($128M), Syria ($36M), and Sierra Leone ($17M).

In 2022, countries that imported more from Indonesia than Sri Lanka included China ($67.7B), United States ($31.6B), and Japan ($26.6B).

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

Comparative Advantage Sri Lanka - Indonesia

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Indonesia in the exports of Textiles ($31.9M), Foodstuffs ($8.13M), and Machines ($5.57M).

During 2017, Indonesia had a large net trade with Sri Lanka in the exports of Chemical Products ($73.1M), Plastics and Rubbers ($58.9M), and Foodstuffs ($45.5M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Indonesia+$3.34MOther knitted or crocheted fabrics.
Top Product Potential Indonesia Sri Lanka+$22.9MCoal Briquettes

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

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

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