2022
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GDP
$409BCURRENT US$
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2012-2022
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GDP GROWTH
109%CURRENT US$
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2022
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 GDP
$74.4BCURRENT US$
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2012-2022
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GDP GROWTH
5.62%CURRENT US$
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2022
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GDP PC 
$4,164CURRENT US$
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2012-2022
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GDP PC GROWTH
90.1%CURRENT US$
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2022
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GDP PC
$3,354CURRENT US$
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2012-2022
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GDP PC GROWTH
0.074%CURRENT US$
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About

Vietnam-Sri Lanka In 2022, Vietnam exported $253M to Sri Lanka. The main products that Vietnam exported to Sri Lanka are Rubber ($30.7M), Light Rubberized Knitted Fabric ($19.8M), and Non-Retail Pure Cotton Yarn ($19.7M). During the last 23 years the exports of Vietnam to Sri Lanka have increased at an annualized rate of 17.6%, from $6.13M in 1999 to $253M in 2022.

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

Sri Lanka-Vietnam In 2022, Sri Lanka exported $59M to Vietnam. The main products that Sri Lanka exported to Vietnam were Light Rubberized Knitted Fabric ($13.4M), Bran ($6.98M), and Non-Retail Synthetic Filament Yarn ($6.15M). During the last 23 years the exports of Sri Lanka to Vietnam have increased at an annualized rate of 10.9%, from $5.43M in 1999 to $59M in 2022.

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

Comparison In 2022,  Vietnam ranked 60 in the Economic Complexity Index (ECI 0.062), and 19 in total exports ($399B). That same year, Sri Lanka ranked 80 in the Economic Complexity Index (ECI -0.42), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Vietnam exported $253M to Sri Lanka. The main products exported from Vietnam to Sri Lanka were Rubber ($30.7M), Light Rubberized Knitted Fabric ($19.8M), and Non-Retail Pure Cotton Yarn ($19.7M). During the last 23 years the exports of Vietnam to Sri Lanka have increased at an annualized rate of 17.6%, from $6.13M in 1999 to $253M in 2022.

In 2022, Sri Lanka exported $59M to Vietnam. The main products exported from Sri Lanka to Vietnam were Light Rubberized Knitted Fabric ($13.4M), Bran ($6.98M), and Non-Retail Synthetic Filament Yarn ($6.15M). During the last 23 years the exports of Sri Lanka to Vietnam have increased at an annualized rate of 10.9%, from $5.43M in 1999 to $59M in 2022.

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

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

Latest Data

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

Sri Lanka Exports

Date

Market Competitiveness

Color
Vietnam
Top Destination
United States$117B
Sri Lanka
Top Destination
United States$3.52B

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

In 2021, countries that imported more from Vietnam than Sri Lanka were United States ($117B), China ($58.7B), and South Korea ($25.2B).

In 2021, countries that imported more from Sri Lanka than Vietnam were Maldives ($128M), Iran ($86.1M), and Libya ($44.4M).

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

Comparative Advantage Vietnam - Sri Lanka

Flow
Scale

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

During 2022, Vietnam had a large net trade with Sri Lanka in the exports of Textiles ($113M), Plastics and Rubbers ($41.4M), and Machines ($24.7M).

During 2022, Sri Lanka had a large net trade with Vietnam in the exports of Textiles ($28.1M), Foodstuffs ($9.01M), and Plastics and Rubbers ($8.64M).

Economic Complexity

Competitive Landscape

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

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

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