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2022
Flag → Flag
Exports $293MRnk 11 / 194
2022
Flag → Flag
Top Product $50.5MTea
2022
Flag → Flag
Exports $3.76BRnk 80 / 211
2022
Flag → Flag
Top Product $307MLight Rubberized Knitted Fabric
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.12Rnk 22 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$18TCURRENT US$
Rnk 2 / 186
2012-2022
Flag
GDP GROWTH111%CURRENT US$
Rnk 11 / 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$12,720CURRENT US$
Rnk 67 / 186
2012-2022
Flag
GDP PC GROWTH102%CURRENT US$
Rnk 8 / 186

About

Sri Lanka-China Trade: In 2022, Sri Lanka exported $293M to China. The main products that Sri Lanka exported to China were Tea ($50.5M), Coconut and Other Vegetable Fibers ($30.1M), and Activated Carbon ($24.8M). Over the past 5 years the exports of Sri Lanka to China have decreased at an annualized rate of 8.37%, from $453M in 2017 to $293M in 2022.

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

China-Sri Lanka Trade: In 2022, China exported $3.76B to Sri Lanka. The main products that China exported to Sri Lanka were Light Rubberized Knitted Fabric ($307M), Broadcasting Equipment ($101M), and Non-Retail Synthetic Filament Yarn ($95.9M). Over the past 5 years the exports of China to Sri Lanka have decreased at an annualized rate of 2.95%,  from $4.37B in 2017 to $3.76B in 2022.

In 2022, China 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, China ranked 22 in the Economic Complexity Index (ECI 1.12), and 1 in total exports ($3.73T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $293M to China. The main products exported from Sri Lanka to China were Tea ($50.5M), Coconut and Other Vegetable Fibers ($30.1M), and Activated Carbon ($24.8M). During the last 5 years the exports of Sri Lanka to China have decreased at an annualized rate of 8.37%, from $453M in 2017 to $293M in 2022.

In 2017, China exported $3.76B to Sri Lanka. The main products exported from China to Sri Lanka were Light Rubberized Knitted Fabric ($307M), Broadcasting Equipment ($101M), and Non-Retail Synthetic Filament Yarn ($95.9M). During the last 5 years the exports of China to Sri Lanka have decreased at an annualized rate of 2.95%, from $4.37B in 2022 to $3.76B in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

China Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
China
Top DestinationUnited States$551B

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

In 2022, countries that imported more from Sri Lanka than China included American Samoa ($622k), Anguilla ($168k), and Guam ($4.07k).

In 2022, countries that imported more from China than Sri Lanka included United States ($551B), Hong Kong ($276B), and Japan ($178B).

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

Comparative Advantage Sri Lanka - China

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with China in the exports of Textiles ($111M), Vegetable Products ($53.7M), and Chemical Products ($26.1M).

During 2017, China had a large net trade with Sri Lanka in the exports of Textiles ($1.19B), Machines ($884M), and Metals ($469M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka China+$37.2MPrecious Stones
Top Product Potential China Sri Lanka+$68.2MTelephones

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

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

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