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

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 11.9%, from $745M in 2017 to $396M in 2022.

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

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.

Comparison: In 2022,  United States ranked 10 in the Economic Complexity Index (ECI 1.47), and 2 in total exports ($1.95T). That same year, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Company data: In 2023, leading companies such as Kontoor Brands (1.31k), Gap (1.11k), and Guess Clothing (857) were at the forefront of exporting goods from Sri Lanka to the United States. Conversely, Other (1.44k), Eu-retec (pvt) Ltd (563), and Mas Intimates (pvt) Ltd (kuliyapiti (383) were notable for importing products to Sri Lanka from the United States.

Latest Trends

September, 2024

About

Overview In September 2024, United States exported $37.2M and imported $263M from Sri Lanka, resulting in a negative trade balance of $226M. Between September 2023 and September 2024 the exports of United States have increased by $10.7M (40.6%) from $26.4M to $37.2M, while imports increased by $29.2M (12.5%) from $234M to $263M.

Trade In September 2024, the top exports of United States to Sri Lanka were Soybean Meal ($10.2M), Commodities not elsewhere specified ($8M), Telephones ($1.21M), Metallic Yarn ($1.04M), and Non-Retail Synthetic Staple Fibers Yarn ($557k). In September 2024 the top imports of United States from Sri Lanka were Precious Stones ($69.9M), Knit Women's Undergarments ($23.6M), Other Women's Undergarments ($21M), Non-Knit Women's Suits ($19.3M), and Used Rubber Tires ($17M).

Origins In September 2024 the exports of United States were mainly from Alabama ($11.8M), Virginia ($3.44M), New York ($2.71M), California ($2.44M), and Nebraska ($1.99M), while imports destinations were mainly Ohio ($50M), California ($30.3M), New York ($24.1M), Georgia ($20.3M), and New Jersey ($16.6M).

Growth In September 2024, the increase in United States's year-by-year exports to Sri Lanka was explained primarily by an increase in product exports in Commodities not elsewhere specified ($7.59M or 1.85k%), Soybean Meal ($2.21M or 27.8%), and Telephones ($1.03M or 600%). In September 2024, the increase in United States's year-by-year imports  from Sri Lanka was explained primarily by an increase in product imports  in Precious Stones ($40M or 134%), Used Rubber Tires ($5.24M or 44.7%), and Non-Knit Men's Shirts ($4.83M or 93.9%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (September 2023 - September 2024)$10.7M(40.6%)
IMPORT GROWTH (September 2023 - September 2024)$29.2M(12.5%)
MAIN EXPORTER (September 2024)Alabama$11.8M

This section shows exports and imports data at subnational level for United States. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of United States over time.

To check Sri Lanka and United States trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Sri Lanka and United States Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 11.9%, from $745M in 2017 to $396M in 2022.

In 2017, 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 2022 to $3.52B in 2017.

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

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

Market Competitiveness

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

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

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

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

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

Comparative Advantage United States - Sri Lanka

Flow
Scale

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

During 2022, United States had a large net trade with Sri Lanka in the exports of Foodstuffs ($105M), Machines ($58.3M), and Textiles ($48.9M).

During 2017, 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).

Potential Exports

Potential Exports

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

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 United States and Sri Lanka. This means that a dot/product with the flag of United States 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 United States.

Product Space of United States (Flag) and Sri Lanka (Flag) (2022)

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