Sri Lanka (LKA) and Greece (GRC) Trade | The Observatory of Economic Complexity

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Sri Lanka-Greece Trade: In 2023, Sri Lanka exported $5.82M to Greece. The main products that Sri Lanka exported to Greece were Tea ($766k), Used Rubber Tires ($594k), and Rubber Apparel ($438k). Over the past 5 years the exports of Sri Lanka to Greece have increased at an annualized rate of 6.7%, from $4.21M in 2018 to $5.82M in 2023.

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

Greece-Sri Lanka Trade: In 2023, Greece exported $6.39M to Sri Lanka. The main products that Greece exported to Sri Lanka were Razor Blades ($1.86M), Engine Parts ($640k), and Textile Processing Machines ($537k). Over the past 5 years the exports of Greece to Sri Lanka have increased at an annualized rate of 11.4%, from $3.71M in 2018 to $6.39M in 2023.

In 2023, Greece 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, Greece ranked 46 in the Economic Complexity Index (ECI 0.4), and 56 in total exports ($53.3B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Sri Lanka exported $5.82M to Greece. The main products exported from Sri Lanka to Greece were Tea ($766k), Used Rubber Tires ($594k), and Rubber Apparel ($438k). During the last 5 years the exports of Sri Lanka to Greece have increased at an annualized rate of 6.7%, from $4.21M in 2018 to $5.82M in 2023.

In 2018, Greece exported $6.39M to Sri Lanka. The main products exported from Greece to Sri Lanka were Razor Blades ($1.86M), Engine Parts ($640k), and Textile Processing Machines ($537k). During the last 5 years the exports of Greece to Sri Lanka have increased at an annualized rate of 11.4%, from $3.71M in 2023 to $6.39M in 2018.

Exports from Sri Lanka () to Greece () (2023)

Exports from Greece () to Sri Lanka () (2023)

Latest Data

Trade between Sri Lanka () and Greece ()

Sri Lanka Exports

Date

Feb 2012

Jan 2012

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Greece Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sri Lanka
Top DestinationUnited States$2.98B

Greece
Top DestinationItaly$6.21B

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

In 2023, countries that imported more from Sri Lanka than Greece included United States ($2.98B), India ($991M), and Maldives ($168M).

In 2023, countries that imported more from Greece than Sri Lanka included Italy ($6.21B), Cyprus ($3.03B), and Bulgaria ($2.38B).

Difference in imports from Greece () and Sri Lanka () (2023)

Comparative Advantage Sri Lanka - Greece

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Sri Lanka had a large net trade with Greece in the exports of Vegetable Products ($2M), Plastics and Rubbers ($1.59M), and Textiles ($1.02M).

During 2018, Greece had a large net trade with Sri Lanka in the exports of Metals ($2.13M), Machines ($2.05M), and Chemical Products ($751k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Sri Lanka Greece+$1.04MRubber Tires

Top Product Potential Greece Sri Lanka+$1.86MPackaged Medicaments

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Sri Lanka () to Greece () (2023)

Exports from Greece () to Sri Lanka () (2023)

Latest Data

Trade between Sri Lanka () and Greece ()

Sri Lanka Exports

Greece Exports

Market Competitiveness

Difference in imports from Greece () and Sri Lanka () (2023)

Comparative Advantage Sri Lanka - Greece

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Sri Lanka () and Greece () (2023)

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