2023
Flag  
GDP
$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH
9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
 GDP
$108BCURRENT US$
Rnk 67 / 195
2013-2023
Flag
GDP GROWTH
75.2%CURRENT US$
Rnk 34 / 195
2023
Flag
GDP PC 
$3,828CURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP PC GROWTH
2.34%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC
$1,952CURRENT US$
Rnk 160 / 196
2013-2023
Flag
GDP PC GROWTH
42.4%CURRENT US$
Rnk 57 / 195

About

Sri Lanka-Kenya Trade: In 2023, Sri Lanka exported $47.4M to Kenya. The main products that Sri Lanka exported to Kenya were Light Rubberized Knitted Fabric ($10.3M), Documents of title (bonds etc) and unused stamps ($9.81M), and Paper Containers ($8.91M). Over the past 5 years the exports of Sri Lanka to Kenya have increased at an annualized rate of 18%, from $20.7M in 2018 to $47.4M in 2023.

In 2023, Sri Lanka did not export any services to Kenya.

Kenya-Sri Lanka Trade: In 2023, Kenya exported $3.45M to Sri Lanka. The main products that Kenya exported to Sri Lanka were Tea ($2.44M), Machinery Having Individual Functions ($343k), and Hot-Rolled Iron ($165k). Over the past 5 years the exports of Kenya to Sri Lanka have increased at an annualized rate of 0.17%,  from $3.28M in 2018 to $3.45M in 2023.

In 2023, Kenya did not export any services to Sri Lanka.

Comparison: In 2023,  Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B). That same year, Kenya ranked 86 in the Economic Complexity Index (ECI -0.47), and 109 in total exports ($8.59B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sri Lanka exported $47.4M to Kenya. The main products exported from Sri Lanka to Kenya were Light Rubberized Knitted Fabric ($10.3M), Documents of title (bonds etc) and unused stamps ($9.81M), and Paper Containers ($8.91M). During the last 5 years the exports of Sri Lanka to Kenya have increased at an annualized rate of 18%, from $20.7M in 2018 to $47.4M in 2023.

In 2018, Kenya exported $3.45M to Sri Lanka. The main products exported from Kenya to Sri Lanka were Tea ($2.44M), Machinery Having Individual Functions ($343k), and Hot-Rolled Iron ($165k). During the last 5 years the exports of Kenya to Sri Lanka have increased at an annualized rate of 0.17%, from $3.28M in 2023 to $3.45M in 2018.

Exports from Sri Lanka (Flag) to Kenya (Flag) (2023)

Exports from Kenya (Flag) to Sri Lanka (Flag) (2023)

Latest Data

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

Sri Lanka Exports

Date

Kenya Exports

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$2.98B
Kenya
Top Destination
Uganda$893M

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 2023, countries that imported more from Sri Lanka than Kenya included United States ($2.98B), India ($991M), and Germany ($906M).

In 2023, countries that imported more from Kenya than Sri Lanka included Uganda ($893M), Tanzania ($451M), and United Arab Emirates ($716M).

Difference in imports from Kenya (Flag) and Sri Lanka (Flag) (2023)

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 2023, Sri Lanka had a large net trade with Kenya in the exports of Paper Goods ($23.1M), Textiles ($16.9M), and Plastics and Rubbers ($3.43M).

During 2018, Kenya had a large net trade with Sri Lanka in the exports of Vegetable Products ($2.45M), Machines ($473k), and Textiles ($176k).

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

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) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with