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Pricing

2022
Flag → Flag
Exports $55.9MRnk 46 / 194
2022
Flag → Flag
Top Product $14.6MLight Rubberized Knitted Fabric
2022
Flag → Flag
Exports $2.84MRnk 87 / 180
2022
Flag → Flag
Top Product $1.99MTea
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.5Rnk 87 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$113BCURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP GROWTH101%CURRENT US$
Rnk 13 / 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$2,099CURRENT US$
Rnk 148 / 186
2012-2022
Flag
GDP PC GROWTH62.8%CURRENT US$
Rnk 24 / 186

About

Sri Lanka-Kenya Trade: In 2022, Sri Lanka exported $55.9M to Kenya. The main products that Sri Lanka exported to Kenya were Light Rubberized Knitted Fabric ($14.6M), Documents of title (bonds etc) and unused stamps ($7.09M), and Paper Containers ($6.91M). Over the past 5 years the exports of Sri Lanka to Kenya have increased at an annualized rate of 20.6%, from $21.9M in 2017 to $55.9M in 2022.

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

Kenya-Sri Lanka Trade: In 2022, Kenya exported $2.84M to Sri Lanka. The main products that Kenya exported to Sri Lanka were Tea ($1.99M), Narrow Woven Fabric ($240k), and Precious Stones ($141k). Over the past 5 years the exports of Kenya to Sri Lanka have decreased at an annualized rate of 8.86%,  from $4.51M in 2017 to $2.84M in 2022.

In 2022, Kenya 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, Kenya ranked 87 in the Economic Complexity Index (ECI -0.5), and 115 in total exports ($7.34B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $55.9M to Kenya. The main products exported from Sri Lanka to Kenya were Light Rubberized Knitted Fabric ($14.6M), Documents of title (bonds etc) and unused stamps ($7.09M), and Paper Containers ($6.91M). During the last 5 years the exports of Sri Lanka to Kenya have increased at an annualized rate of 20.6%, from $21.9M in 2017 to $55.9M in 2022.

In 2017, Kenya exported $2.84M to Sri Lanka. The main products exported from Kenya to Sri Lanka were Tea ($1.99M), Narrow Woven Fabric ($240k), and Precious Stones ($141k). During the last 5 years the exports of Kenya to Sri Lanka have decreased at an annualized rate of 8.86%, from $4.51M in 2022 to $2.84M in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Kenya Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Kenya
Top DestinationUnited States$722M

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

In 2022, countries that imported more from Sri Lanka than Kenya included United States ($3.52B), India ($1.12B), and Germany ($881M).

In 2022, countries that imported more from Kenya than Sri Lanka included Uganda ($677M), Pakistan ($541M), and Rwanda ($439M).

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

Comparative Advantage Sri Lanka - Kenya

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Kenya in the exports of Textiles ($28M), Paper Goods ($20.3M), and Plastics and Rubbers ($3.27M).

During 2017, Kenya had a large net trade with Sri Lanka in the exports of Vegetable Products ($2.01M), Textiles ($385k), and Precious Metals ($143k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Kenya+$379kAnimal Food
Top Product Potential Kenya Sri Lanka+$872kTea

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

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

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