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Pricing

2022
Flag → Flag
Exports $217MRnk 52 / 138
2022
Flag → Flag
Top Product $63.6MRefined Petroleum
2022
Flag → Flag
Exports $103MRnk 29 / 194
2022
Flag → Flag
Top Product $46.5MTea
2022
Flag
Economic Complexity (ECI) ECI 0.78Rnk 35 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag  
GDP$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH49.4%CURRENT US$
Rnk 62 / 186
2022
Flag
 GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC $30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH26.5%CURRENT US$
Rnk 71 / 186
2022
Flag
GDP PC$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Saudi Arabia-Sri Lanka Trade: In 2022, Saudi Arabia exported $217M to Sri Lanka. The main products that Saudi Arabia exported to Sri Lanka were Refined Petroleum ($63.6M), Petroleum Gas ($60M), and Ethylene Polymers ($48.8M). Over the past 5 years the exports of Saudi Arabia to Sri Lanka have increased at an annualized rate of 9.7%, from $136M in 2017 to $217M in 2022.

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

Sri Lanka-Saudi Arabia Trade: In 2022, Sri Lanka exported $103M to Saudi Arabia. The main products that Sri Lanka exported to Saudi Arabia were Tea ($46.5M), Rubber Apparel ($5.3M), and Refined Petroleum ($4.93M). Over the past 5 years the exports of Sri Lanka to Saudi Arabia have increased at an annualized rate of 2.08%,  from $92.9M in 2017 to $103M in 2022.

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

Comparison: In 2022,  Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B). 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, Saudi Arabia exported $217M to Sri Lanka. The main products exported from Saudi Arabia to Sri Lanka were Refined Petroleum ($63.6M), Petroleum Gas ($60M), and Ethylene Polymers ($48.8M). During the last 5 years the exports of Saudi Arabia to Sri Lanka have increased at an annualized rate of 9.7%, from $136M in 2017 to $217M in 2022.

In 2017, Sri Lanka exported $103M to Saudi Arabia. The main products exported from Sri Lanka to Saudi Arabia were Tea ($46.5M), Rubber Apparel ($5.3M), and Refined Petroleum ($4.93M). During the last 5 years the exports of Sri Lanka to Saudi Arabia have increased at an annualized rate of 2.08%, from $92.9M in 2022 to $103M in 2017.

Exports from Saudi Arabia (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to Saudi Arabia (Flag) (2022)

Latest Data

Trade between Saudi Arabia (Flag) and Sri Lanka (Flag)

Saudi Arabia Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Saudi Arabia
Top DestinationChina$68B
Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Saudi Arabia than Sri Lanka included China ($68B), India ($46.2B), and Japan ($36.5B).

In 2022, countries that imported more from Sri Lanka than Saudi Arabia included Bangladesh ($225M), Israel ($176M), and Mexico ($197M).

Difference in imports from Sri Lanka (Flag) and Saudi Arabia (Flag) (2022)

Comparative Advantage Saudi Arabia - Sri Lanka

Flow
Scale

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

During 2022, Saudi Arabia had a large net trade with Sri Lanka in the exports of Mineral Products ($126M), Plastics and Rubbers ($77.1M), and Chemical Products ($8.11M).

During 2017, Sri Lanka had a large net trade with Saudi Arabia in the exports of Vegetable Products ($61.7M), Plastics and Rubbers ($11.5M), and Foodstuffs ($6.6M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Saudi Arabia Sri Lanka+$9.21kRefined Petroleum
Top Product Potential Sri Lanka Saudi Arabia+$4.4kNon-Knit Women's Suits

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 Saudi Arabia and Sri Lanka. This means that a dot/product with the flag of Saudi Arabia 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 Saudi Arabia.

Product Space of Saudi Arabia (Flag) and Sri Lanka (Flag) (2022)

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