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Pricing

2023
Flag → Flag
Exports $14.1MRnk 69 / 200
2023
Flag → Flag
Top Product $3.7MLight Rubberized Knitted Fabric
2023
Flag → Flag
Exports $356kRnk 99 / 161
2023
Flag → Flag
Top Product $126kLight Rubberized Knitted Fabric
2023
Flag
Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.84Rnk 101 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
 GDP$164BCURRENT US$
Rnk 59 / 195
2013-2023
Flag
GDP GROWTH244%CURRENT US$
Rnk 2 / 195
2023
Flag
GDP PC $3,828CURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP PC GROWTH2.34%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC$1,272CURRENT US$
Rnk 172 / 196
2013-2023
Flag
GDP PC GROWTH163%CURRENT US$
Rnk 3 / 195

About

Sri Lanka-Ethiopia Trade: In 2023, Sri Lanka exported $14.1M to Ethiopia. The main products that Sri Lanka exported to Ethiopia were Light Rubberized Knitted Fabric ($3.7M), Narrow Woven Fabric ($1.27M), and Light Pure Woven Cotton ($1.03M). Over the past 5 years the exports of Sri Lanka to Ethiopia have increased at an annualized rate of 0.082%, from $14M in 2018 to $14.1M in 2023.

In 2023, Sri Lanka did not export any services to Ethiopia.

Ethiopia-Sri Lanka Trade: In 2023, Ethiopia exported $356k to Sri Lanka. The main products that Ethiopia exported to Sri Lanka were Light Rubberized Knitted Fabric ($126k), Buttons ($82.5k), and Spice Seeds ($43.4k). Over the past 5 years the exports of Ethiopia to Sri Lanka have decreased at an annualized rate of 16.8%,  from $896k in 2018 to $356k in 2023.

In 2023, Ethiopia did not export any services to Sri Lanka.

Comparison: In 2023,  Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B). That same year, Ethiopia ranked 101 in the Economic Complexity Index (ECI -0.84), and 137 in total exports ($3.97B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sri Lanka exported $14.1M to Ethiopia. The main products exported from Sri Lanka to Ethiopia were Light Rubberized Knitted Fabric ($3.7M), Narrow Woven Fabric ($1.27M), and Light Pure Woven Cotton ($1.03M). During the last 5 years the exports of Sri Lanka to Ethiopia have increased at an annualized rate of 0.082%, from $14M in 2018 to $14.1M in 2023.

In 2018, Ethiopia exported $356k to Sri Lanka. The main products exported from Ethiopia to Sri Lanka were Light Rubberized Knitted Fabric ($126k), Buttons ($82.5k), and Spice Seeds ($43.4k). During the last 5 years the exports of Ethiopia to Sri Lanka have decreased at an annualized rate of 16.8%, from $896k in 2023 to $356k in 2018.

Exports from Sri Lanka (Flag) to Ethiopia (Flag) (2023)

Exports from Ethiopia (Flag) to Sri Lanka (Flag) (2023)

Latest Data

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

Sri Lanka Exports

Date

Ethiopia Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$2.98B
Ethiopia
Top DestinationUnited States$487M

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

In 2023, countries that imported more from Sri Lanka than Ethiopia included United States ($2.98B), India ($991M), and United Kingdom ($900M).

In 2023, countries that imported more from Ethiopia than Sri Lanka included Saudi Arabia ($304M), Somalia ($142M), and Djibouti ($155M).

Difference in imports from Ethiopia (Flag) and Sri Lanka (Flag) (2023)

Comparative Advantage Sri Lanka - Ethiopia

Flow
Scale

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

During 2023, Sri Lanka had a large net trade with Ethiopia in the exports of Textiles ($9.29M), Paper Goods ($2.47M), and Machines ($730k).

During 2018, Ethiopia had a large net trade with Sri Lanka in the exports of Textiles ($171k), Miscellaneous ($86k), and Vegetable Products ($48k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Ethiopia+$291kOther knitted or crocheted fabrics.
Top Product Potential Ethiopia Sri Lanka+$77.5kLight Mixed Woven Cotton

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

Product Space of Sri Lanka (Flag) and Ethiopia (Flag) (2023)

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