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
Flag
 GDP
$192BCURRENT US$
Rnk 55 / 186
2012-2022
Flag
GDP GROWTH
-8.2%CURRENT US$
Rnk 173 / 186
2022
Flag
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
$4,274CURRENT US$
Rnk 118 / 186
2012-2022
Flag
GDP PC GROWTH
-23.8%CURRENT US$
Rnk 175 / 186

About

Sri Lanka-Algeria Trade: In 2022, Sri Lanka exported $847k to Algeria. The main products that Sri Lanka exported to Algeria were Coconuts, Brazil Nuts, and Cashews ($291k), Used Rubber Tires ($164k), and Tea ($118k). Over the past 6 years the exports of Sri Lanka to Algeria have decreased at an annualized rate of 16.9%, from $2.58M in 2016 to $847k in 2022.

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

Algeria-Sri Lanka Trade: In 2022, Algeria exported $21.4M to Sri Lanka. The main products that Algeria exported to Sri Lanka were Petroleum Gas ($21.4M), Hydrogen ($21.8k), and Tropical Fruits ($19.1k). Over the past 6 years the exports of Algeria to Sri Lanka have increased at an annualized rate of 43.2%,  from $844k in 2016 to $21.4M in 2022.

In 2022, Algeria 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, Algeria ranked 95 in the Economic Complexity Index (ECI -0.64), and 55 in total exports ($58.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $847k to Algeria. The main products exported from Sri Lanka to Algeria were Coconuts, Brazil Nuts, and Cashews ($291k), Used Rubber Tires ($164k), and Tea ($118k). During the last 6 years the exports of Sri Lanka to Algeria have decreased at an annualized rate of 16.9%, from $2.58M in 2016 to $847k in 2022.

In 2017, Algeria exported $21.4M to Sri Lanka. The main products exported from Algeria to Sri Lanka were Petroleum Gas ($21.4M), Hydrogen ($21.8k), and Tropical Fruits ($19.1k). During the last 5 years the exports of Algeria to Sri Lanka have increased at an annualized rate of 43.2%, from $844k in 2022 to $21.4M in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Algeria Exports

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$3.52B
Algeria
Top Destination
Italy$16.9B

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

In 2022, countries that imported more from Sri Lanka than Algeria included United Arab Emirates ($397M), United States ($3.52B), and Canada ($429M).

In 2022, countries that imported more from Algeria than Sri Lanka included Italy ($16.9B), Spain ($7.11B), and France ($6.99B).

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

Comparative Advantage Sri Lanka - Algeria

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Algeria in the exports of Vegetable Products ($409k), Plastics and Rubbers ($331k), and Textiles ($70.1k).

During 2017, Algeria had a large net trade with Sri Lanka in the exports of Mineral Products ($21.4M), Chemical Products ($21.8k), and Vegetable Products ($19.1k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Algeria+$2.89kRubber Tires
Top Product Potential Algeria Sri Lanka+$7.29kRefined 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 Algeria. This means that a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Algeria. Similarly, a dot/product with the flag of Algeria indicates it has a comparative advantage over Sri Lanka.

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

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