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2022
Flag → Flag
Exports $3.52BRnk 1 / 194
2022
Flag → Flag
Top Product $309MOther Women's Undergarments
2022
Flag → Flag
Exports $396MRnk 109 / 219
2022
Flag → Flag
Top Product $80MSoybean Meal
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
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Economic Complexity (ECI) ECI 1.47Rnk 10 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$25.5TCURRENT US$
Rnk 1 / 186
2012-2022
Flag
GDP GROWTH56.7%CURRENT US$
Rnk 45 / 186
2022
Flag
GDP PC $3,354CURRENT US$
Rnk 130 / 186
2012-2022
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GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC$76,399CURRENT US$
Rnk 8 / 186
2012-2022
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GDP PC GROWTH47.5%CURRENT US$
Rnk 39 / 186

About

Sri Lanka-United States Trade: In 2022, Sri Lanka exported $3.52B to United States. The main products that Sri Lanka exported to United States were Other Women's Undergarments ($309M), Knit Women's Undergarments ($305M), and Non-Knit Women's Suits ($288M). Over the past 5 years the exports of Sri Lanka to United States have increased at an annualized rate of 3.48%, from $2.97B in 2017 to $3.52B in 2022.

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

United States-Sri Lanka Trade: In 2022, United States exported $396M to Sri Lanka. The main products that United States exported to Sri Lanka were Soybean Meal ($80M), Metallic Yarn ($19.5M), and Petroleum Gas ($13.7M). Over the past 5 years the exports of United States to Sri Lanka have decreased at an annualized rate of 4.74%,  from $745M in 2017 to $396M in 2022.

In 2022, United States 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, United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $3.52B to United States. The main products exported from Sri Lanka to United States were Other Women's Undergarments ($309M), Knit Women's Undergarments ($305M), and Non-Knit Women's Suits ($288M). During the last 5 years the exports of Sri Lanka to United States have increased at an annualized rate of 3.48%, from $2.97B in 2017 to $3.52B in 2022.

In 2017, United States exported $396M to Sri Lanka. The main products exported from United States to Sri Lanka were Soybean Meal ($80M), Metallic Yarn ($19.5M), and Petroleum Gas ($13.7M). During the last 5 years the exports of United States to Sri Lanka have decreased at an annualized rate of 4.74%, from $745M in 2022 to $396M in 2017.

Exports from Sri Lanka (Flag) to United States (Flag) (2022)

Exports from United States (Flag) to Sri Lanka (Flag) (2022)

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
United States
Top DestinationCanada$308B

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 2022, countries that imported more from Sri Lanka than United States included Iran ($86.1M), Syria ($36M), and American Samoa ($622k).

In 2022, countries that imported more from United States than Sri Lanka included Canada ($308B), Mexico ($294B), and China ($151B).

Difference in imports from United States (Flag) and Sri Lanka (Flag) (2022)

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 2022, Sri Lanka had a large net trade with United States in the exports of Textiles ($2.43B), Plastics and Rubbers ($370M), and Vegetable Products ($115M).

During 2017, United States had a large net trade with Sri Lanka in the exports of Foodstuffs ($105M), Machines ($58.3M), and Textiles ($48.9M).

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) (2022)

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