2022
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GDP
$74.4BCURRENT US$
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GDP GROWTH
5.62%CURRENT US$
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2022
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 GDP
$389BCURRENT US$
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GDP GROWTH
-39.7%CURRENT US$
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GDP PC 
$3,354CURRENT US$
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GDP PC GROWTH
0.074%CURRENT US$
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GDP PC
$4,388CURRENT US$
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GDP PC GROWTH
-47.3%CURRENT US$
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About

Sri Lanka-Iran In 2022, Sri Lanka exported $86.1M to Iran. The main products that Sri Lanka exported to Iran are Tea ($74M), Coconuts, Brazil Nuts, and Cashews ($3M), and Coconut and Other Vegetable Fibers ($2.8M). During the last 25 years the exports of Sri Lanka to Iran have increased at an annualized rate of 7.76%, from $13.3M in 1997 to $86.1M in 2022.

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

Iran-Sri Lanka In 2022, Iran exported $5.13M to Sri Lanka. The main products that Iran exported to Sri Lanka were Fish: dried, salted, smoked or in brine ($2.58M), Non-fillet Frozen Fish ($480k), and Iron Fasteners ($447k). During the last 25 years the exports of Iran to Sri Lanka have increased at an annualized rate of 11.6%, from $332k in 1997 to $5.13M in 2022.

In 2022, Iran 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, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $86.1M to Iran. The main products exported from Sri Lanka to Iran were Tea ($74M), Coconuts, Brazil Nuts, and Cashews ($3M), and Coconut and Other Vegetable Fibers ($2.8M). During the last 25 years the exports of Sri Lanka to Iran have increased at an annualized rate of 7.76%, from $13.3M in 1997 to $86.1M in 2022.

In 2022, Iran exported $5.13M to Sri Lanka. The main products exported from Iran to Sri Lanka were Fish: dried, salted, smoked or in brine ($2.58M), Non-fillet Frozen Fish ($480k), and Iron Fasteners ($447k). During the last 25 years the exports of Iran to Sri Lanka have increased at an annualized rate of 11.6%, from $332k in 1997 to $5.13M in 2022.

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

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

Latest Data

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

Sri Lanka Exports

Date

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$3.52B
Iran
Top Destination
China$5.72B

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

In 2021, countries that imported more from Sri Lanka than Iran were United States ($3.52B), United Kingdom ($1.04B), and Germany ($881M).

In 2021, countries that imported more from Iran than Sri Lanka were China ($5.72B), Turkey ($3.17B), and Kuwait ($960M).

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

Comparative Advantage Sri Lanka - Iran

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Iran in the exports of Vegetable Products ($78.5M), Metals ($3.18M), and Textiles ($2.82M).

During 2022, Iran had a large net trade with Sri Lanka in the exports of Animal Products ($3.06M), Metals ($674k), and Machines ($309k).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Sri Lanka has comparative advantage over Iran. Similarly, the more yellow a dot/product is, the more Iran has comparative advantage over Sri Lanka.

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

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