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2022
Flag → Flag
Exports $168kRnk 173 / 194
2022
Flag → Flag
Top Product $149kUsed Rubber Tires
2022
Flag → Flag
Exports $11.1kRnk 106 / 123
2022
Flag → Flag
Top Product $8.47kHard Liquor
2022
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Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
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GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
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GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
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GDP PC $3,354CURRENT US$
Rnk 130 / 186
2012-2022
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GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Sri Lanka-Cuba In 2022, Sri Lanka exported $168k to Cuba. The main products that Sri Lanka exported to Cuba are Used Rubber Tires ($149k) and Rubber Tires ($19.2k). During the last 23 years the exports of Sri Lanka to Cuba have decreased at an annualized rate of 4.89%, from $531k in 1999 to $168k in 2022.

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

Cuba-Sri Lanka In 2022, Cuba exported $11.1k to Sri Lanka. The main products that Cuba exported to Sri Lanka were Hard Liquor ($8.47k), Hose Piping Textiles ($2.56k), and Brochures ($110). During the last 23 years the exports of Cuba to Sri Lanka have decreased at an annualized rate of 10.8%, from $154k in 1999 to $11.1k in 2022.

In 2022, Cuba 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, Cuba ranked 161 in total exports ($1.07B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $168k to Cuba. The main products exported from Sri Lanka to Cuba were Used Rubber Tires ($149k) and Rubber Tires ($19.2k). During the last 23 years the exports of Sri Lanka to Cuba have decreased at an annualized rate of 4.89%, from $531k in 1999 to $168k in 2022.

In 2022, Cuba exported $11.1k to Sri Lanka. The main products exported from Cuba to Sri Lanka were Hard Liquor ($8.47k), Hose Piping Textiles ($2.56k), and Brochures ($110). During the last 23 years the exports of Cuba to Sri Lanka have decreased at an annualized rate of 10.8%, from $154k in 1999 to $11.1k in 2022.

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

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

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Cuba
Top DestinationChina$426M

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

In 2021, countries that imported more from Sri Lanka than Cuba were United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

In 2021, countries that imported more from Cuba than Sri Lanka were China ($426M), Cyprus ($31.2M), and Macau ($28.9M).

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

Comparative Advantage Sri Lanka - Cuba

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Cuba in the exports of Plastics and Rubbers ($168k).

During 2022, Cuba had a large net trade with Sri Lanka in the exports of Foodstuffs ($8.47k), Textiles ($2.56k), and Paper Goods ($110).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Sri Lanka has comparative advantage over Cuba. Similarly, the more yellow a dot/product is, the more Cuba has comparative advantage over Sri Lanka.

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

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