2023
Flag  
GDP
$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH
9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
 GDP
$1.06BCURRENT US$
Rnk 186 / 195
2013-2023
Flag
GDP GROWTH
20.7%CURRENT US$
Rnk 140 / 195
2023
Flag
GDP PC 
$3,828CURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP PC GROWTH
2.34%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC
$22,574CURRENT US$
Rnk 55 / 196
2013-2023
Flag
GDP PC GROWTH
21.5%CURRENT US$
Rnk 100 / 195

About

Sri Lanka-Saint Kitts and Nevis Trade: In 2023, Sri Lanka exported $946 to Saint Kitts and Nevis. The main products that Sri Lanka exported to Saint Kitts and Nevis were Video Displays ($807) and Broadcasting Equipment ($139). Over the past 8 years the exports of Sri Lanka to Saint Kitts and Nevis have decreased at an annualized rate of 35.5%, from $31.6k in 2015 to $946 in 2023.

In 2023, Sri Lanka did not export any services to Saint Kitts and Nevis.

Saint Kitts and Nevis-Sri Lanka Trade: In 2023, Saint Kitts and Nevis exported $1.18k to Sri Lanka. The main products that Saint Kitts and Nevis exported to Sri Lanka were N/A. Over the past 8 years the exports of Saint Kitts and Nevis to Sri Lanka have increased at an annualized rate of 103%,  from $34 in 2015 to $1.18k in 2023.

In 2023, Saint Kitts and Nevis 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, Saint Kitts and Nevis ranked 198 in total exports ($77.7M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sri Lanka exported $946 to Saint Kitts and Nevis. The main products exported from Sri Lanka to Saint Kitts and Nevis were Video Displays ($807) and Broadcasting Equipment ($139). During the last 8 years the exports of Sri Lanka to Saint Kitts and Nevis have decreased at an annualized rate of 35.5%, from $31.6k in 2015 to $946 in 2023.

In 2016, Saint Kitts and Nevis exported $1.18k to Sri Lanka. There were not main exports from Saint Kitts and Nevis to Sri Lanka in 2016. During the last 5 years the exports of Saint Kitts and Nevis to Sri Lanka have increased at an annualized rate of 103%, from $34 in 2021 to $1.18k in 2016.

Exports from Sri Lanka (Flag) to Saint Kitts and Nevis (Flag) (2023)

Exports from Saint Kitts and Nevis (Flag) to Sri Lanka (Flag) (2023)

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$2.98B
Saint Kitts and Nevis
Top Destination
Malta$37.8M

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

In 2023, countries that imported more from Sri Lanka than Saint Kitts and Nevis included United States ($2.98B), India ($991M), and Germany ($906M).

In 2023, countries that imported more from Saint Kitts and Nevis than Sri Lanka included Malta ($37.8M), Saint Vincent and the Grenadines ($3.57M), and Guyana ($2.04M).

Difference in imports from Saint Kitts and Nevis (Flag) and Sri Lanka (Flag) (2023)

Comparative Advantage Sri Lanka - Saint Kitts and Nevis

Flow
Scale

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

During 2023, Sri Lanka had a large net trade with Saint Kitts and Nevis in the exports of Machines ($946).

During 2016, Saint Kitts and Nevis had a large net trade with Sri Lanka in the exports of .

Economic Complexity

Competitive Landscape

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

Product Space of Sri Lanka (Flag) and Saint Kitts and Nevis (Flag) (2023)

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