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2023
Flag → Flag
Exports $168MRnk 20 / 200
2023
Flag → Flag
Top Product $9.85MRefined Petroleum
2023
Flag → Flag
Exports $3.17MRnk 17 / 93
2023
Flag → Flag
Top Product $1.92MDried/Salted/Smoked/Brined Fish
2023
Flag
Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
 GDP$6.59BCURRENT US$
Rnk 157 / 195
2013-2023
Flag
GDP GROWTH100%CURRENT US$
Rnk 15 / 195
2023
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GDP PC $3,828CURRENT US$
Rnk 132 / 195
2013-2023
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GDP PC GROWTH2.34%CURRENT US$
Rnk 150 / 195
2023
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GDP PC$12,530CURRENT US$
Rnk 81 / 196
2013-2023
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GDP PC GROWTH52.1%CURRENT US$
Rnk 44 / 195

About

Sri Lanka-Maldives Trade: In 2023, Sri Lanka exported $168M to Maldives. The main products that Sri Lanka exported to Maldives were Refined Petroleum ($9.85M), Insulated Wire ($7.58M), and Tropical Fruits ($7.43M). Over the past 5 years the exports of Sri Lanka to Maldives have increased at an annualized rate of 0.26%, from $165M in 2018 to $168M in 2023.

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

Maldives-Sri Lanka Trade: In 2023, Maldives exported $3.17M to Sri Lanka. The main products that Maldives exported to Sri Lanka were Dried/Salted/Smoked/Brined Fish ($1.92M), Live Fish ($405k), and Animal Meal and Pellets ($365k). Over the past 5 years the exports of Maldives to Sri Lanka have decreased at an annualized rate of 12.6%,  from $6.2M in 2018 to $3.17M in 2023.

In 2023, Maldives 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, Maldives ranked 176 in total exports ($361M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sri Lanka exported $168M to Maldives. The main products exported from Sri Lanka to Maldives were Refined Petroleum ($9.85M), Insulated Wire ($7.58M), and Tropical Fruits ($7.43M). During the last 5 years the exports of Sri Lanka to Maldives have increased at an annualized rate of 0.26%, from $165M in 2018 to $168M in 2023.

In 2018, Maldives exported $3.17M to Sri Lanka. The main products exported from Maldives to Sri Lanka were Dried/Salted/Smoked/Brined Fish ($1.92M), Live Fish ($405k), and Animal Meal and Pellets ($365k). During the last 5 years the exports of Maldives to Sri Lanka have decreased at an annualized rate of 12.6%, from $6.2M in 2023 to $3.17M in 2018.

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

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

Latest Data

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

Sri Lanka Exports

Date

Maldives Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$2.98B
Maldives
Top DestinationThailand$115M

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

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

In 2023, no countries were registered that imported more from Maldives than from Sri Lanka.

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

Comparative Advantage Sri Lanka - Maldives

Flow
Scale

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

During 2023, Sri Lanka had a large net trade with Maldives in the exports of Vegetable Products ($34.6M), Machines ($25.7M), and Foodstuffs ($20.7M).

During 2018, Maldives had a large net trade with Sri Lanka in the exports of Animal Products ($2.53M), Foodstuffs ($462k), and Metals ($94.1k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Sri Lanka and Maldives. This means that a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Maldives. Similarly, a dot/product with the flag of Maldives indicates it has a comparative advantage over Sri Lanka.

Product Space of Sri Lanka (Flag) and Maldives (Flag) (2023)

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