Sign In
Pricing

2022
Flag → Flag
Exports $164MRnk 20 / 194
2022
Flag → Flag
Top Product $153MTea
2022
Flag → Flag
Exports $23.3MRnk 28 / 101
2022
Flag → Flag
Top Product $23MPetroleum Gas
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.84Rnk 103 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$264BCURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP GROWTH21.2%CURRENT US$
Rnk 118 / 186
2022
Flag
GDP PC $3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC$5,937CURRENT US$
Rnk 104 / 186
2012-2022
Flag
GDP PC GROWTH-7.77%CURRENT US$
Rnk 158 / 186

About

Sri Lanka-Iraq Trade: In 2022, Sri Lanka exported $164M to Iraq. The main products that Sri Lanka exported to Iraq were Tea ($153M), Coconuts, Brazil Nuts, and Cashews ($7.83M), and Other Vegetable Residues ($546k). Over the past 6 years the exports of Sri Lanka to Iraq have increased at an annualized rate of 6.65%, from $112M in 2016 to $164M in 2022.

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

Iraq-Sri Lanka Trade: In 2022, Iraq exported $23.3M to Sri Lanka. The main products that Iraq exported to Sri Lanka were Petroleum Gas ($23M), Tropical Fruits ($281k), and Computers ($162). Over the past 6 years the exports of Iraq to Sri Lanka have increased at an annualized rate of 109%,  from $587k in 2016 to $23.3M in 2022.

In 2022, Iraq 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, Iraq ranked 103 in the Economic Complexity Index (ECI -0.84), and 36 in total exports ($123B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $164M to Iraq. The main products exported from Sri Lanka to Iraq were Tea ($153M), Coconuts, Brazil Nuts, and Cashews ($7.83M), and Other Vegetable Residues ($546k). During the last 6 years the exports of Sri Lanka to Iraq have increased at an annualized rate of 6.65%, from $112M in 2016 to $164M in 2022.

In 2017, Iraq exported $23.3M to Sri Lanka. The main products exported from Iraq to Sri Lanka were Petroleum Gas ($23M), Tropical Fruits ($281k), and Computers ($162). During the last 5 years the exports of Iraq to Sri Lanka have increased at an annualized rate of 109%, from $587k in 2022 to $23.3M in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Iraq
Top DestinationIndia$38.8B

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

In 2022, countries that imported more from Sri Lanka than Iraq included United Kingdom ($1.04B), Canada ($429M), and Australia ($289M).

In 2022, countries that imported more from Iraq than Sri Lanka included India ($38.8B), China ($34B), and South Korea ($8.21B).

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

Comparative Advantage Sri Lanka - Iraq

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Iraq in the exports of Vegetable Products ($161M), Foodstuffs ($1.12M), and Plastics and Rubbers ($941k).

During 2017, Iraq had a large net trade with Sri Lanka in the exports of Mineral Products ($23M), Vegetable Products ($281k), and Machines ($191).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Iraq+$3.44kRubber Tires
Top Product Potential Iraq Sri Lanka+$7.76kRefined Petroleum

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms