2022
Flag  
GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP
$38.1BCURRENT US$
Rnk 99 / 186
2012-2022
Flag
GDP GROWTH
65.5%CURRENT US$
Rnk 34 / 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
$28,333CURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP PC GROWTH
62.8%CURRENT US$
Rnk 23 / 186

About

Sri Lanka-Estonia Trade: In 2022, Sri Lanka exported $14.6M to Estonia. The main products that Sri Lanka exported to Estonia were Activated Carbon ($4.99M), Other Women's Undergarments ($3.35M), and Tea ($920k). Over the past 5 years the exports of Sri Lanka to Estonia have increased at an annualized rate of 9.51%, from $9.26M in 2017 to $14.6M in 2022.

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

Estonia-Sri Lanka Trade: In 2022, Estonia exported $2.87M to Sri Lanka. The main products that Estonia exported to Sri Lanka were Light Rubberized Knitted Fabric ($1.07M), Kraft Paper ($462k), and Sulfate Chemical Woodpulp ($397k). Over the past 5 years the exports of Estonia to Sri Lanka have decreased at an annualized rate of 13%,  from $5.77M in 2017 to $2.87M in 2022.

In 2022, Estonia 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, Estonia ranked 74 in total exports ($23.1B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $14.6M to Estonia. The main products exported from Sri Lanka to Estonia were Activated Carbon ($4.99M), Other Women's Undergarments ($3.35M), and Tea ($920k). During the last 5 years the exports of Sri Lanka to Estonia have increased at an annualized rate of 9.51%, from $9.26M in 2017 to $14.6M in 2022.

In 2017, Estonia exported $2.87M to Sri Lanka. The main products exported from Estonia to Sri Lanka were Light Rubberized Knitted Fabric ($1.07M), Kraft Paper ($462k), and Sulfate Chemical Woodpulp ($397k). During the last 5 years the exports of Estonia to Sri Lanka have decreased at an annualized rate of 13%, from $5.77M in 2022 to $2.87M in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Estonia Exports

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$3.52B
Estonia
Top Destination
Finland$3B

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

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

In 2022, countries that imported more from Estonia than Sri Lanka included Finland ($3B), Latvia ($2.77B), and Sweden ($1.9B).

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

Comparative Advantage Sri Lanka - Estonia

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Estonia in the exports of Textiles ($6.41M), Chemical Products ($5.07M), and Vegetable Products ($1.12M).

During 2017, Estonia had a large net trade with Sri Lanka in the exports of Textiles ($1.31M), Paper Goods ($858k), and Metals ($251k).

Economic Complexity

Competitive Landscape

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

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

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