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2022
Flag → Flag
Exports $58.7MRnk 45 / 194
2022
Flag → Flag
Top Product $33.9MTea
2022
Flag → Flag
Exports $8.82MRnk 91 / 185
2022
Flag → Flag
Top Product $6.33MProcessed Fish
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.18Rnk 74 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$301BCURRENT US$
Rnk 45 / 186
2012-2022
Flag
GDP GROWTH12.7%CURRENT US$
Rnk 142 / 186
2022
Flag
GDP PC $3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC$15,356CURRENT US$
Rnk 62 / 186
2012-2022
Flag
GDP PC GROWTH-0.33%CURRENT US$
Rnk 144 / 186

About

Sri Lanka-Chile Trade: In 2022, Sri Lanka exported $58.7M to Chile. The main products that Sri Lanka exported to Chile were Tea ($33.9M), Cinnamon ($4.44M), and Knit Gloves ($2.32M). Over the past 5 years the exports of Sri Lanka to Chile have increased at an annualized rate of 2.45%, from $52.1M in 2017 to $58.7M in 2022.

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

Chile-Sri Lanka Trade: In 2022, Chile exported $8.82M to Sri Lanka. The main products that Chile exported to Sri Lanka were Processed Fish ($6.33M), Wine ($679k), and Kaolin Coated Paper ($417k). Over the past 5 years the exports of Chile to Sri Lanka have decreased at an annualized rate of 5.93%,  from $12M in 2017 to $8.82M in 2022.

In 2022, Chile 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, Chile ranked 74 in the Economic Complexity Index (ECI -0.18), and 44 in total exports ($99B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $58.7M to Chile. The main products exported from Sri Lanka to Chile were Tea ($33.9M), Cinnamon ($4.44M), and Knit Gloves ($2.32M). During the last 5 years the exports of Sri Lanka to Chile have increased at an annualized rate of 2.45%, from $52.1M in 2017 to $58.7M in 2022.

In 2017, Chile exported $8.82M to Sri Lanka. The main products exported from Chile to Sri Lanka were Processed Fish ($6.33M), Wine ($679k), and Kaolin Coated Paper ($417k). During the last 5 years the exports of Chile to Sri Lanka have decreased at an annualized rate of 5.93%, from $12M in 2022 to $8.82M in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Chile Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Chile
Top DestinationChina$38.5B

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

In 2022, countries that imported more from Sri Lanka than Chile included United Kingdom ($1.04B), Bangladesh ($225M), and Iraq ($164M).

In 2022, countries that imported more from Chile than Sri Lanka included China ($38.5B), United States ($13.9B), and Japan ($7.43B).

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

Comparative Advantage Sri Lanka - Chile

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Chile in the exports of Vegetable Products ($39.5M), Textiles ($12.4M), and Plastics and Rubbers ($4.44M).

During 2017, Chile had a large net trade with Sri Lanka in the exports of Foodstuffs ($7.17M), Chemical Products ($492k), and Paper Goods ($417k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Chile+$1.71MKnit T-shirts
Top Product Potential Chile Sri Lanka+$438kKaolin Coated Paper

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

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

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