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2022
Flag → Flag
Exports $179MRnk 38 / 171
2022
Flag → Flag
Top Product $71.9MPetroleum Gas
2022
Flag → Flag
Exports $43.3MRnk 50 / 194
2022
Flag → Flag
Top Product $3.21MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.19Rnk 75 / 133
2022
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Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag  
GDP$115BCURRENT US$
Rnk 63 / 186
2012-2022
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GDP GROWTH31.2%CURRENT US$
Rnk 97 / 186
2022
Flag
 GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
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GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
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GDP PC $25,057CURRENT US$
Rnk 43 / 186
2012-2022
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GDP PC GROWTH1.35%CURRENT US$
Rnk 136 / 186
2022
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GDP PC$3,354CURRENT US$
Rnk 130 / 186
2012-2022
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GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Oman-Sri Lanka Trade: In 2022, Oman exported $179M to Sri Lanka. The main products that Oman exported to Sri Lanka were Petroleum Gas ($71.9M), Nitrogenous Fertilizers ($48.1M), and Refined Petroleum ($32.2M). Over the past 5 years the exports of Oman to Sri Lanka have increased at an annualized rate of 19.7%, from $72.8M in 2017 to $179M in 2022.

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

Sri Lanka-Oman Trade: In 2022, Sri Lanka exported $43.3M to Oman. The main products that Sri Lanka exported to Oman were Refined Petroleum ($3.21M), Trailers and semi-trailers, not mechanically propelled vehicles ($2.51M), and Polyacetals ($2.49M). Over the past 5 years the exports of Sri Lanka to Oman have increased at an annualized rate of 15%,  from $21.5M in 2017 to $43.3M in 2022.

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

Comparison: In 2022,  Oman ranked 75 in the Economic Complexity Index (ECI -0.19), and 50 in total exports ($76.4B). That same year, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Oman exported $179M to Sri Lanka. The main products exported from Oman to Sri Lanka were Petroleum Gas ($71.9M), Nitrogenous Fertilizers ($48.1M), and Refined Petroleum ($32.2M). During the last 5 years the exports of Oman to Sri Lanka have increased at an annualized rate of 19.7%, from $72.8M in 2017 to $179M in 2022.

In 2017, Sri Lanka exported $43.3M to Oman. The main products exported from Sri Lanka to Oman were Refined Petroleum ($3.21M), Trailers and semi-trailers, not mechanically propelled vehicles ($2.51M), and Polyacetals ($2.49M). During the last 5 years the exports of Sri Lanka to Oman have increased at an annualized rate of 15%, from $21.5M in 2022 to $43.3M in 2017.

Exports from Oman (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to Oman (Flag) (2022)

Latest Data

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

Oman Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Oman
Top DestinationChina$30.4B
Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Oman than Sri Lanka included China ($30.4B), India ($8.15B), and South Korea ($4.64B).

In 2022, countries that imported more from Sri Lanka than Oman included United States ($3.52B), United Kingdom ($1.04B), and Germany ($881M).

Difference in imports from Sri Lanka (Flag) and Oman (Flag) (2022)

Comparative Advantage Oman - Sri Lanka

Flow
Scale

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

During 2022, Oman had a large net trade with Sri Lanka in the exports of Mineral Products ($115M), Chemical Products ($48.8M), and Plastics and Rubbers ($5.06M).

During 2017, Sri Lanka had a large net trade with Oman in the exports of Machines ($8.62M), Textiles ($5.55M), and Plastics and Rubbers ($5.33M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Oman Sri Lanka+$2.32MRefined Petroleum
Top Product Potential Sri Lanka Oman+$751kRubber Tires

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

Product Space of Oman (Flag) and Sri Lanka (Flag) (2022)

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