Flag Malaysia / Sri Lanka Flag

Exports FlagFlag  (2018): $708M, Rnk 36 / 208

Top Product FlagFlag (2018): $206M, Refined Petroleum

Exports FlagFlag (2018): $58.2M, Rnk 32 / 125

Top Product FlagFlag (2018): $6.94M, Other Knit Garments

Economic Complexity of Flag (2018): ECI 0.97, Rnk 26 / 137

Economic Complexity of Flag (2018): ECI -0.65, Rnk 97 / 137

GDP Flag (2018): $359B, CURRENT US$
Rnk 35 / 196

GDP GROWTH Flag (2008-2018): 55.4%, CURRENT US$
Rnk 74 / 196

GDP Flag (2018): $88.9B, CURRENT US$
Rnk 64 / 196

GDP GROWTH Flag (2008-2018): 118%, CURRENT US$
Rnk 24 / 196

GDP PC Flag (2018): $11,373, CURRENT US$
Rnk 68 / 196

GDP PC GROWTH Flag (2008-2018): 34.2%, CURRENT US$
Rnk 73 / 196

GDP PC Flag (2018): $4,102, CURRENT US$
Rnk 122 / 196

GDP PC GROWTH Flag (2008-2018): 101%, CURRENT US$
Rnk 15 / 196

Malaysia-Sri Lanka: In 2018, Malaysia exported $708M to Sri Lanka. The main products exported from Malaysia to Sri Lanka were Refined Petroleum ($206M), Palm Oil ($134M), and Sawn Wood ($38.5M). During the last 23 years the exports of Malaysia to Sri Lanka have increased at an annualized rate of 6.03%, from $184M in 1995 to $708M in 2018.

Sri Lanka-Malaysia: In 2018, Sri Lanka exported $58.2M to Malaysia. The main products exported from Sri Lanka to Malaysia were Other Knit Garments ($6.94M), Rubber ($5.87M), and Wheat Flours ($3.84M). During the last 23 years the exports of Sri Lanka to Malaysia have increased at an annualized rate of 3.95%, from $23.9M in 1995 to $58.2M in 2018.

Comparison: In 2018, Malaysia ranked 26 in the Economic Complexity Index (ECI 0.97), and 20 in total exports ($270B). That same year, Sri Lanka ranked 97 in the Economic Complexity Index (ECI -0.65), and 84 in total exports ($11.1B). In terms of GDP Per Capita, Malaysia was ranked 68 with a GDP Per Capita of $11,373, and Sri Lanka was ranked 122 with a GDP Per Capita of $4,102.

Bilateral Trade by Products

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Depth
Value

In 2018, Malaysia exported $708M to Sri Lanka. The main products exported from Malaysia to Sri Lanka were Refined Petroleum ($206M), Palm Oil ($134M), and Sawn Wood ($38.5M). During the last 23 years the exports of Malaysia to Sri Lanka have increased at an annualized rate of 6.03%, from $184M in 1995 to $708M in 2018.

In 2018, Sri Lanka exported $58.2M to Malaysia. The main products exported from Sri Lanka to Malaysia were Other Knit Garments ($6.94M), Rubber ($5.87M), and Wheat Flours ($3.84M). During the last 23 years the exports of Sri Lanka to Malaysia have increased at an annualized rate of 3.95%, from $23.9M in 1995 to $58.2M in 2018.

Date

Market Competitiveness

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Measure

Malaysia
Top Destination
: Singapore, $36.8B

Sri Lanka
Top Destination
: United States, $2.69B

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

In 2018, countries that imported more from Malaysia than Sri Lanka were Singapore ($36.8B), China ($36.1B), and United States ($28.3B).

In 2018, no countries were registered that imported more from Sri Lanka than from Malaysia.

Comparative Advantage Malaysia - Sri Lanka

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Depth

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

During 2018, Malaysia had a large net trade with Sri Lanka in the exports of Mineral Products ($219M), Animal and Vegetable Bi-Products ($162M), and Machines ($86.2M).

During 2018, Sri Lanka had a large net trade with Malaysia in the exports of Textiles ($18.2M), Plastics and Rubbers ($11.7M), and Vegetable Products ($7.69M).

Tariff Section

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This sections shows import tariffs for products traded between Malaysia and Sri Lanka (using the HS6 product classification and the last year reported).

In 2016, the products from Malaysia that paid the highest import tariffs to enter Sri Lanka were Tobacco refuse (1.33k%) and Undenatured ethyl alcohol > 80% by volume (898%).

In 2018, the products from Sri Lanka that paid the highest import tariffs to enter Malaysia were Cigars, cheroots, cigarettes, with tobacco substitute (250%) and Tobacco: smoking, water pipe tobacco as specified in Subheading Note 1 to this Chapter, whether or not containing tobacco substitutes in any proportion (250%).

Explore Tariff Data

*The tariffs present between Malaysia and Sri Lanka are:
136: Most Favoured Nation duty rate treatement

Trade Forecasts

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This section shows a forecast for total trade between Malaysia and Sri Lanka. The forecast is based on a long short-term memory model or LSTM constructed using yearly trade data.

To create custom forecast, or modify the parameters of the forecasting model, visit our Forecast Section.

Explore Forecasts

Economic Complexity

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Competitive Landscape

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