2022
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GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
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GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 186
2022
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 GDP
$3.39TCURRENT US$
Rnk 5 / 186
2012-2022
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GDP GROWTH
85.2%CURRENT US$
Rnk 24 / 186
2022
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GDP PC 
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
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GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186
2022
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GDP PC
$2,389CURRENT US$
Rnk 140 / 186
2012-2022
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GDP PC GROWTH
66.6%CURRENT US$
Rnk 20 / 186

About

Sri Lanka-India In 2022, Sri Lanka exported $1.12B to India. The main products that Sri Lanka exported to India are Crude Petroleum ($132M), Animal Food ($115M), and Pepper ($69.4M). During the last 27 years the exports of Sri Lanka to India have increased at an annualized rate of 14%, from $32.4M in 1995 to $1.12B in 2022.

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

India-Sri Lanka In 2022, India exported $6.59B to Sri Lanka. The main products that India exported to Sri Lanka were Refined Petroleum ($2.38B), Special Purpose Ships ($574M), and Light Rubberized Knitted Fabric ($300M). During the last 27 years the exports of India to Sri Lanka have increased at an annualized rate of 11%, from $397M in 1995 to $6.59B in 2022.

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

Comparison In 2022,  Sri Lanka ranked 80 in the Economic Complexity Index (ECI -0.42), and 89 in total exports ($14.8B). That same year, India ranked 42 in the Economic Complexity Index (ECI 0.57), and 15 in total exports ($468B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $1.12B to India. The main products exported from Sri Lanka to India were Crude Petroleum ($132M), Animal Food ($115M), and Pepper ($69.4M). During the last 27 years the exports of Sri Lanka to India have increased at an annualized rate of 14%, from $32.4M in 1995 to $1.12B in 2022.

In 2022, India exported $6.59B to Sri Lanka. The main products exported from India to Sri Lanka were Refined Petroleum ($2.38B), Special Purpose Ships ($574M), and Light Rubberized Knitted Fabric ($300M). During the last 27 years the exports of India to Sri Lanka have increased at an annualized rate of 11%, from $397M in 1995 to $6.59B in 2022.

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

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

Latest Data

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

Sri Lanka Exports

Date

India Exports

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$3.52B
India
Top Destination
United States$82.9B

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

In 2021, countries that imported more from Sri Lanka than India were American Samoa ($622k) and Anguilla ($168k).

In 2021, countries that imported more from India than Sri Lanka were United States ($82.9B), United Arab Emirates ($31.6B), and Netherlands ($17.6B).

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

Comparative Advantage Sri Lanka - India

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with India in the exports of Mineral Products ($221M), Vegetable Products ($180M), and Foodstuffs ($171M).

During 2022, India had a large net trade with Sri Lanka in the exports of Mineral Products ($2.43B), Textiles ($878M), and Transportation ($820M).

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 Sri Lanka has comparative advantage over India. Similarly, the more yellow a dot/product is, the more India has comparative advantage over Sri Lanka.

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

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