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Pricing

2023
Flag → Flag
Exports $2.98BRnk 1 / 200
2023
Flag → Flag
Top Product $230MKnit Women's Undergarments
2023
Flag → Flag
Exports $516MRnk 104 / 220
2023
Flag → Flag
Top Product $98.1MSoybean Meal
2023
Flag
Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag
Economic Complexity (ECI) ECI 1.5Rnk 10 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
 GDP$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH64.2%CURRENT US$
Rnk 44 / 195
2023
Flag
GDP PC $3,828CURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP PC GROWTH2.34%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC$82,769CURRENT US$
Rnk 9 / 196
2013-2023
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GDP PC GROWTH55%CURRENT US$
Rnk 40 / 195

About

Sri Lanka-United States Trade: In 2023, Sri Lanka exported $2.98B to United States. The main products that Sri Lanka exported to United States were Knit Women's Undergarments ($230M), Other Women's Undergarments ($225M), and Precious Stones ($196M). Over the past 5 years the exports of Sri Lanka to United States have increased at an annualized rate of 1.38%, from $2.78B in 2018 to $2.98B in 2023.

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

United States-Sri Lanka Trade: In 2023, United States exported $516M to Sri Lanka. The main products that United States exported to Sri Lanka were Soybean Meal ($98.1M), Packaged Medicaments ($84.3M), and Gas Turbines ($53.2M). Over the past 5 years the exports of United States to Sri Lanka have increased at an annualized rate of 6.25%,  from $359M in 2018 to $516M in 2023.

In 2023, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sri Lanka exported $2.98B to United States. The main products exported from Sri Lanka to United States were Knit Women's Undergarments ($230M), Other Women's Undergarments ($225M), and Precious Stones ($196M). During the last 5 years the exports of Sri Lanka to United States have increased at an annualized rate of 1.38%, from $2.78B in 2018 to $2.98B in 2023.

In 2018, United States exported $516M to Sri Lanka. The main products exported from United States to Sri Lanka were Soybean Meal ($98.1M), Packaged Medicaments ($84.3M), and Gas Turbines ($53.2M). During the last 5 years the exports of United States to Sri Lanka have increased at an annualized rate of 6.25%, from $359M in 2023 to $516M in 2018.

Exports from Sri Lanka (Flag) to United States (Flag) (2023)

Exports from United States (Flag) to Sri Lanka (Flag) (2023)

Latest Data

Trade between Sri Lanka (Flag) and United States (Flag)

Sri Lanka Exports

Date

United States Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$2.98B
United States
Top DestinationCanada$269B

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

In 2023, countries that imported more from Sri Lanka than United States included Maldives ($168M), Syria ($43.4M), and American Samoa ($702k).

In 2023, countries that imported more from United States than Sri Lanka included Canada ($269B), Mexico ($243B), and China ($154B).

Difference in imports from United States (Flag) and Sri Lanka (Flag) (2023)

Comparative Advantage Sri Lanka - United States

Flow
Scale

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

During 2023, Sri Lanka had a large net trade with United States in the exports of Textiles ($1.79B), Plastics and Rubbers ($343M), and Precious Metals ($206M).

During 2018, United States had a large net trade with Sri Lanka in the exports of Foodstuffs ($119M), Machines ($116M), and Chemical Products ($113M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka United States+$67.2MKnit Sweaters
Top Product Potential United States Sri Lanka+$6.06MVaccines, blood, antisera, toxins and cultures

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

Product Space of Sri Lanka (Flag) and United States (Flag) (2023)

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