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2023
Flag → Flag
Exports $103MRnk 91 / 219
2023
Flag → Flag
Top Product $17.2MIntegrated Circuits
2023
Flag → Flag
Exports $311MRnk 11 / 200
2023
Flag → Flag
Top Product $49.2MDiamonds
2023
Flag
Economic Complexity (ECI) ECI 1.96Rnk 3 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag  
GDP$885BCURRENT US$
Rnk 20 / 195
2013-2023
Flag
GDP GROWTH25.3%CURRENT US$
Rnk 125 / 195
2023
Flag
 GDP$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
GDP PC $99,565CURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP PC GROWTH14%CURRENT US$
Rnk 122 / 195
2023
Flag
GDP PC$3,828CURRENT US$
Rnk 132 / 196
2013-2023
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GDP PC GROWTH2.34%CURRENT US$
Rnk 150 / 195

About

Switzerland-Sri Lanka Trade: In 2023, Switzerland exported $103M to Sri Lanka. The main products that Switzerland exported to Sri Lanka were Integrated Circuits ($17.2M), Diamonds ($10.7M), and Low-voltage Protection Equipment ($7.38M). Over the past 5 years the exports of Switzerland to Sri Lanka have decreased at an annualized rate of 9.25%, from $168M in 2018 to $103M in 2023.

In 2023, Switzerland did not export any services to Sri Lanka.

Sri Lanka-Switzerland Trade: In 2023, Sri Lanka exported $311M to Switzerland. The main products that Sri Lanka exported to Switzerland were Diamonds ($49.2M), Precious Stones ($34.6M), and Electrical Control Boards ($19.5M). Over the past 5 years the exports of Sri Lanka to Switzerland have increased at an annualized rate of 8.89%,  from $203M in 2018 to $311M in 2023.

In 2023, Sri Lanka did not export any services to Switzerland.

Comparison: In 2023,  Switzerland ranked 3 in the Economic Complexity Index (ECI 1.96), and 17 in total exports ($398B). That same year, Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Switzerland exported $103M to Sri Lanka. The main products exported from Switzerland to Sri Lanka were Integrated Circuits ($17.2M), Diamonds ($10.7M), and Low-voltage Protection Equipment ($7.38M). During the last 5 years the exports of Switzerland to Sri Lanka have decreased at an annualized rate of 9.25%, from $168M in 2018 to $103M in 2023.

In 2018, Sri Lanka exported $311M to Switzerland. The main products exported from Sri Lanka to Switzerland were Diamonds ($49.2M), Precious Stones ($34.6M), and Electrical Control Boards ($19.5M). During the last 5 years the exports of Sri Lanka to Switzerland have increased at an annualized rate of 8.89%, from $203M in 2023 to $311M in 2018.

Exports from Switzerland (Flag) to Sri Lanka (Flag) (2023)

Exports from Sri Lanka (Flag) to Switzerland (Flag) (2023)

Latest Data

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

Switzerland Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Switzerland
Top DestinationGermany$53.8B
Sri Lanka
Top DestinationUnited States$2.98B

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

In 2023, countries that imported more from Switzerland than Sri Lanka included Germany ($53.8B), China ($47.7B), and United States ($45.1B).

In 2023, countries that imported more from Sri Lanka than Switzerland included Maldives ($168M), Bangladesh ($177M), and Syria ($43.4M).

Difference in imports from Sri Lanka (Flag) and Switzerland (Flag) (2023)

Comparative Advantage Switzerland - Sri Lanka

Flow
Scale

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

During 2023, Switzerland had a large net trade with Sri Lanka in the exports of Machines ($47.8M), Precious Metals ($18M), and Chemical Products ($13.2M).

During 2018, Sri Lanka had a large net trade with Switzerland in the exports of Textiles ($100M), Precious Metals ($85.8M), and Machines ($58.4M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Switzerland Sri Lanka+$6.64MPackaged Medicaments
Top Product Potential Sri Lanka Switzerland+$6.25MNon-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 Switzerland and Sri Lanka. This means that a dot/product with the flag of Switzerland 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 Switzerland.

Product Space of Switzerland (Flag) and Sri Lanka (Flag) (2023)

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