2021
Flag  
GDP
$88.5BCURRENT US$
Rnk 66 / 204
2011-2021
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GDP GROWTH
30.6%CURRENT US$
Rnk 90 / 204
2021
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 GDP
$1.04BCURRENT US$
Rnk 190 / 204
2011-2021
Flag
GDP GROWTH
43.4%CURRENT US$
Rnk 75 / 204
2021
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GDP PC 
$3,994CURRENT US$
Rnk 134 / 204
2011-2021
Flag
GDP PC GROWTH
23%CURRENT US$
Rnk 75 / 204
2021
Flag
GDP PC
$23,159CURRENT US$
Rnk 55 / 204
2011-2021
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GDP PC GROWTH
-2.08%CURRENT US$
Rnk 151 / 204

About

Sri Lanka-Turks and Caicos Islands In 2019, Sri Lanka exported $40 to Turks and Caicos Islands. The main products that Sri Lanka exported to Turks and Caicos Islands are N/A. During the last 20 years the exports of Sri Lanka to Turks and Caicos Islands have decreased at an annualized rate of 29%, from $37.6k in 1999 to $40 in 2019.

In 2019, Sri Lanka did not export any services to Turks and Caicos Islands.

Turks and Caicos Islands-Sri Lanka In 2019, Turks and Caicos Islands exported $350k to Sri Lanka. The main products that Turks and Caicos Islands exported to Sri Lanka were Hot-Rolled Iron ($298k), Onions ($35.1k), and Other Iron Products ($11.7k). During the last 20 years the exports of Turks and Caicos Islands to Sri Lanka have increased at an annualized rate of 23%, from $5.55k in 1999 to $350k in 2019.

In 2019, Turks and Caicos Islands did not export any services to Sri Lanka.

Comparison In 2021,  Sri Lanka ranked 81 in the Economic Complexity Index (ECI -0.39),  and 83 in total exports ($14.1B). That same year, Turks and Caicos Islands ranked 218 in total exports ($7.81M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Sri Lanka exported $40 to Turks and Caicos Islands. There were not main exports from Sri Lanka to Turks and Caicos Islands in 2019. During the last 20 years the exports of Sri Lanka to Turks and Caicos Islands have decreased at an annualized rate of 29%, from $37.6k in 1999 to $40 in 2019.

In 2021, Turks and Caicos Islands exported $350k to Sri Lanka. The main products exported from Turks and Caicos Islands to Sri Lanka were Hot-Rolled Iron ($298k), Onions ($35.1k), and Other Iron Products ($11.7k). During the last 18 years the exports of Turks and Caicos Islands to Sri Lanka have increased at an annualized rate of 23%, from $5.55k in 2003 to $350k in 2021.

Exports from Sri Lanka (Flag) to Turks and Caicos Islands (Flag) (2021)

Exports from Turks and Caicos Islands (Flag) to Sri Lanka (Flag) (2021)

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$3.21B

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

In 2021, countries that imported more from Sri Lanka than Turks and Caicos Islands were United States ($3.21B), India ($1B), and United Kingdom ($964M).

In 2021, countries that imported more from Turks and Caicos Islands than Sri Lanka were Comoros ($193k), Cayman Islands ($55.3k), and Burundi ($265k).

Difference in imports from Turks and Caicos Islands (Flag) and Sri Lanka (Flag) (2021)

Comparative Advantage Sri Lanka - Turks and Caicos Islands

Flow
Scale

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

During 2019, Sri Lanka had a large net trade with Turks and Caicos Islands in the exports of .

During 2021, Turks and Caicos Islands had a large net trade with Sri Lanka in the exports of Metals ($310k), Vegetable Products ($35.1k), and Machines ($2.44k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Sri Lanka has comparative advantage over Turks and Caicos Islands. Similarly, the more yellow a dot/product is, the more Turks and Caicos Islands has comparative advantage over Sri Lanka.

Product Space of Sri Lanka (Flag) and Turks and Caicos Islands (Flag) (2021)

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