2022
Flag  
GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC 
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186

About

Sri Lanka-Eritrea Trade: In 2019, Sri Lanka exported $23.1k to Eritrea. The main products that Sri Lanka exported to Eritrea were N/A. Over the past 7 years the exports of Sri Lanka to Eritrea have decreased at an annualized rate of 21.1%, from $121k in 2012 to $23.1k in 2019.

In 2019, Sri Lanka did not export any services to Eritrea.

Eritrea-Sri Lanka Trade: In 2019, Eritrea exported $3.06k to Sri Lanka. The main products that Eritrea exported to Sri Lanka were N/A. Over the past 7 years the exports of Eritrea to Sri Lanka have decreased at an annualized rate of 19.9%,  from $9.29k in 2012 to $3.06k in 2019.

In 2019, Eritrea 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, Eritrea ranked 163 in total exports ($789M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2019, Sri Lanka exported $23.1k to Eritrea. There were not main exports from Sri Lanka to Eritrea in 2019. During the last 7 years the exports of Sri Lanka to Eritrea have decreased at an annualized rate of 21.1%, from $121k in 2012 to $23.1k in 2019.

In 2014, Eritrea exported $3.06k to Sri Lanka. There were not main exports from Eritrea to Sri Lanka in 2014. During the last 5 years the exports of Eritrea to Sri Lanka have decreased at an annualized rate of 19.9%, from $9.29k in 2019 to $3.06k in 2014.

Exports from Sri Lanka (Flag) to Eritrea (Flag) (2019)

Exports from Eritrea (Flag) to Sri Lanka (Flag) (2019)

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$3.52B
Eritrea
Top Destination
China$412M

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

In 2022, countries that imported more from Sri Lanka than Eritrea included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

In 2022, countries that imported more from Eritrea than Sri Lanka included China ($412M) and Madagascar ($14.9M).

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

Comparative Advantage Sri Lanka - Eritrea

Flow
Scale

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

During 2019, Sri Lanka had a large net trade with Eritrea in the exports of .

During 2014, Eritrea had a large net trade with Sri Lanka in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Sri Lanka (Flag) and Eritrea (Flag) (2019)

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