2022
Flag  
GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP
$17.1BCURRENT US$
Rnk 125 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 135 / 186
2022
Flag
GDP PC 
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC
$6,047CURRENT US$
Rnk 103 / 186
2012-2022
Flag
GDP PC GROWTH
12.7%CURRENT US$
Rnk 105 / 186

About

Sri Lanka-Jamaica Trade: In 2022, Sri Lanka exported $6.73M to Jamaica. The main products that Sri Lanka exported to Jamaica were Other Processed Fruits and Nuts ($2.47M), Other Edible Preparations ($2.03M), and Documents of title (bonds etc) and unused stamps ($1.23M). Over the past 5 years the exports of Sri Lanka to Jamaica have increased at an annualized rate of 9.91%, from $4.19M in 2017 to $6.73M in 2022.

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

Jamaica-Sri Lanka Trade: In 2022, Jamaica exported $108k to Sri Lanka. The main products that Jamaica exported to Sri Lanka were Mirrors and Lenses ($47.4k), Hard Liquor ($28.5k), and Abrasive Powder ($15.1k). Over the past 5 years the exports of Jamaica to Sri Lanka have decreased at an annualized rate of 10.7%,  from $191k in 2017 to $108k in 2022.

In 2022, Jamaica 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, Jamaica ranked 72 in the Economic Complexity Index (ECI -0.17), and 145 in total exports ($1.95B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $6.73M to Jamaica. The main products exported from Sri Lanka to Jamaica were Other Processed Fruits and Nuts ($2.47M), Other Edible Preparations ($2.03M), and Documents of title (bonds etc) and unused stamps ($1.23M). During the last 5 years the exports of Sri Lanka to Jamaica have increased at an annualized rate of 9.91%, from $4.19M in 2017 to $6.73M in 2022.

In 2017, Jamaica exported $108k to Sri Lanka. The main products exported from Jamaica to Sri Lanka were Mirrors and Lenses ($47.4k), Hard Liquor ($28.5k), and Abrasive Powder ($15.1k). During the last 5 years the exports of Jamaica to Sri Lanka have decreased at an annualized rate of 10.7%, from $191k in 2022 to $108k in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$3.52B
Jamaica
Top Destination
United States$1.11B

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

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

In 2022, countries that imported more from Jamaica than Sri Lanka included Iceland ($39.5M), Barbados ($32.2M), and Cayman Islands ($26.5M).

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

Comparative Advantage Sri Lanka - Jamaica

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Jamaica in the exports of Foodstuffs ($4.54M), Paper Goods ($1.23M), and Plastics and Rubbers ($849k).

During 2017, Jamaica had a large net trade with Sri Lanka in the exports of Instruments ($47.7k), Foodstuffs ($28.5k), and Machines ($16.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Jamaica+$193kRubber Tires
Top Product Potential Jamaica Sri Lanka+$7.13kComputers

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

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

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