2022
Flag  
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
$107BCURRENT US$
Rnk 67 / 186
2012-2022
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GDP GROWTH
-14.6%CURRENT US$
Rnk 177 / 186
2022
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GDP PC 
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC
$2,999CURRENT US$
Rnk 135 / 186
2012-2022
Flag
GDP PC GROWTH
-39.6%CURRENT US$
Rnk 182 / 186

About

Sri Lanka-Angola Trade: In 2022, Sri Lanka exported $12.8M to Angola. The main products that Sri Lanka exported to Angola were Wheat ($8.25M), Tea ($3.45M), and Coffee and Tea Extracts ($275k). Over the past 5 years the exports of Sri Lanka to Angola have increased at an annualized rate of 27.1%, from $3.85M in 2017 to $12.8M in 2022.

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

Angola-Sri Lanka Trade: In 2022, Angola exported $14 to Sri Lanka. The main products that Angola exported to Sri Lanka were Shaving Products ($6), Concentrated Milk ($5), and Tea ($3). Over the past 5 years the exports of Angola to Sri Lanka have decreased at an annualized rate of 38.9%,  from $60.9k in 2017 to $14 in 2022.

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

Comparison: In 2022,  Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B). That same year, Angola ranked 126 in the Economic Complexity Index (ECI -1.55), and 58 in total exports ($54.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $12.8M to Angola. The main products exported from Sri Lanka to Angola were Wheat ($8.25M), Tea ($3.45M), and Coffee and Tea Extracts ($275k). During the last 5 years the exports of Sri Lanka to Angola have increased at an annualized rate of 27.1%, from $3.85M in 2017 to $12.8M in 2022.

In 2017, Angola exported $14 to Sri Lanka. The main products exported from Angola to Sri Lanka were Shaving Products ($6), Concentrated Milk ($5), and Tea ($3). During the last 5 years the exports of Angola to Sri Lanka have decreased at an annualized rate of 38.9%, from $60.9k in 2022 to $14 in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Angola Exports

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$3.52B
Angola
Top Destination
China$21.8B

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

In 2022, countries that imported more from Sri Lanka than Angola included United States ($3.52B), Germany ($881M), and Australia ($289M).

In 2022, countries that imported more from Angola than Sri Lanka included China ($21.8B), India ($4.81B), and France ($3.8B).

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

Comparative Advantage Sri Lanka - Angola

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Angola in the exports of Vegetable Products ($11.8M), Foodstuffs ($541k), and Animal and Vegetable Bi-Products ($184k).

During 2017, Angola had a large net trade with Sri Lanka in the exports of Chemical Products ($6), Animal Products ($5), and Vegetable Products ($3).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Angola+$2.42kExcavation Machinery
Top Product Potential Angola Sri Lanka+$4.74kRefined Petroleum

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 Sri Lanka and Angola. This means that a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Angola. Similarly, a dot/product with the flag of Angola indicates it has a comparative advantage over Sri Lanka.

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

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