2022
Flag  
GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
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GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 186
2022
Flag
 GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC 
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186
2022
Flag
GDP PC
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186

About

Algeria-Sri Lanka Trade: In 2022, Algeria exported $21.4M to Sri Lanka. The main products that Algeria exported to Sri Lanka were Petroleum Gas ($21.4M), Hydrogen ($21.8k), and Tropical Fruits ($19.1k). Over the past 6 years the exports of Algeria to Sri Lanka have increased at an annualized rate of 246%, from $12.4k in 2016 to $21.4M in 2022.

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

Sri Lanka-Algeria Trade: In 2022, Sri Lanka exported $847k to Algeria. The main products that Sri Lanka exported to Algeria were Coconuts, Brazil Nuts, and Cashews ($291k), Used Rubber Tires ($164k), and Tea ($118k). Over the past 6 years the exports of Sri Lanka to Algeria have decreased at an annualized rate of 14.4%,  from $1.85M in 2016 to $847k in 2022.

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

Comparison: In 2022,  Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B). 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, Algeria exported $21.4M to Sri Lanka. The main products exported from Algeria to Sri Lanka were Petroleum Gas ($21.4M), Hydrogen ($21.8k), and Tropical Fruits ($19.1k). During the last 6 years the exports of Algeria to Sri Lanka have increased at an annualized rate of 246%, from $12.4k in 2016 to $21.4M in 2022.

In 2017, Sri Lanka exported $847k to Algeria. The main products exported from Sri Lanka to Algeria were Coconuts, Brazil Nuts, and Cashews ($291k), Used Rubber Tires ($164k), and Tea ($118k). During the last 5 years the exports of Sri Lanka to Algeria have decreased at an annualized rate of 14.4%, from $1.85M in 2022 to $847k in 2017.

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

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

Latest Data

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

Algeria Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Algeria
Top Destination
Italy$16.9B
Sri Lanka
Top Destination
United States$3.52B

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

In 2022, countries that imported more from Algeria than Sri Lanka included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

In 2022, countries that imported more from Sri Lanka than Algeria included United Arab Emirates ($397M), United States ($3.52B), and Canada ($429M).

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

Comparative Advantage Algeria - Sri Lanka

Flow
Scale

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

During 2022, Algeria had a large net trade with Sri Lanka in the exports of Mineral Products ($21.4M), Chemical Products ($21.8k), and Vegetable Products ($19.1k).

During 2017, Sri Lanka had a large net trade with Algeria in the exports of Vegetable Products ($409k), Plastics and Rubbers ($331k), and Textiles ($70.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Algeria Sri Lanka+$7.29kRefined Petroleum
Top Product Potential Sri Lanka Algeria+$2.89kRubber Tires

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

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

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