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2022
Flag → Flag
Exports $15.9kRnk 140 / 194
2022
Flag → Flag
Top Product $975kDocuments of title (bonds etc) and unused stamps
2022
Flag → Flag
Exports $784Rnk 59 / 73
2022
Flag → Flag
Top Product $135Brochures
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC $3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Sri Lanka-Bhutan Trade: In 2022, Sri Lanka exported $15.9k to Bhutan. The main products that Sri Lanka exported to Bhutan were Documents of title (bonds etc) and unused stamps ($975k), Other toys ($12.3k), and Seats ($1.41k). Over the past 7 years the exports of Sri Lanka to Bhutan have increased at an annualized rate of 31.5%, from $2.34k in 2015 to $15.9k in 2022.

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

Bhutan-Sri Lanka Trade: In 2022, Bhutan exported $784 to Sri Lanka. The main products that Bhutan exported to Sri Lanka were Brochures ($135), Textile Footwear ($128), and Confectionery Sugar ($50). Over the past 7 years the exports of Bhutan to Sri Lanka have decreased at an annualized rate of 37.2%,  from $20.4k in 2015 to $784 in 2022.

In 2022, Bhutan 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, Bhutan ranked 177 in total exports ($392M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $15.9k to Bhutan. The main products exported from Sri Lanka to Bhutan were Documents of title (bonds etc) and unused stamps ($975k), Other toys ($12.3k), and Seats ($1.41k). During the last 7 years the exports of Sri Lanka to Bhutan have increased at an annualized rate of 31.5%, from $2.34k in 2015 to $15.9k in 2022.

In 2016, Bhutan exported $784 to Sri Lanka. The main products exported from Bhutan to Sri Lanka were Brochures ($135), Textile Footwear ($128), and Confectionery Sugar ($50). During the last 18 years the exports of Bhutan to Sri Lanka have decreased at an annualized rate of 37.2%, from $20.4k in 1998 to $784 in 2016.

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

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

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Bhutan
Top DestinationIndia$343M

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

In 2022, countries that imported more from Sri Lanka than Bhutan included United States ($3.52B), United Kingdom ($1.04B), and Germany ($881M).

In 2022, countries that imported more from Bhutan than Sri Lanka included Nepal ($7.44M).

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

Comparative Advantage Sri Lanka - Bhutan

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Bhutan in the exports of Paper Goods ($975k) and Miscellaneous ($13.7k).

During 2016, Bhutan had a large net trade with Sri Lanka in the exports of Foodstuffs ($172), Paper Goods ($135), and Footwear and Headwear ($128).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Sri Lanka and Bhutan. This means that a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Bhutan. Similarly, a dot/product with the flag of Bhutan indicates it has a comparative advantage over Sri Lanka.

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

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