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2023
Flag → Flag
Exports $2.88MRnk 117 / 200
2023
Flag → Flag
Top Product $376kSynthetic Fabrics
2023
Flag → Flag
Exports $4.6MRnk 72 / 144
2023
Flag → Flag
Top Product $1.87MPackaged Medicaments
2023
Flag
Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.91Rnk 108 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
 GDP$66.8BCURRENT US$
Rnk 86 / 195
2013-2023
Flag
GDP GROWTH10.8%CURRENT US$
Rnk 154 / 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$1,233CURRENT US$
Rnk 173 / 196
2013-2023
Flag
GDP PC GROWTH2.84%CURRENT US$
Rnk 149 / 195

About

Sri Lanka-Burma Trade: In 2023, Sri Lanka exported $2.88M to Burma. The main products that Sri Lanka exported to Burma were Synthetic Fabrics ($376k), Refined Petroleum ($371k), and Soybean Meal ($252k). Over the past 5 years the exports of Sri Lanka to Burma have decreased at an annualized rate of 10.4%, from $4.99M in 2018 to $2.88M in 2023.

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

Burma-Sri Lanka Trade: In 2023, Burma exported $4.6M to Sri Lanka. The main products that Burma exported to Sri Lanka were Packaged Medicaments ($1.87M), Knit T-shirts ($336k), and Non-Knit Women's Suits ($334k). Over the past 5 years the exports of Burma to Sri Lanka have decreased at an annualized rate of 15.6%,  from $10.8M in 2018 to $4.6M in 2023.

In 2023, Burma 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, Burma ranked 108 in the Economic Complexity Index (ECI -0.91), and 77 in total exports ($22.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sri Lanka exported $2.88M to Burma. The main products exported from Sri Lanka to Burma were Synthetic Fabrics ($376k), Refined Petroleum ($371k), and Soybean Meal ($252k). During the last 5 years the exports of Sri Lanka to Burma have decreased at an annualized rate of 10.4%, from $4.99M in 2018 to $2.88M in 2023.

In 2018, Burma exported $4.6M to Sri Lanka. The main products exported from Burma to Sri Lanka were Packaged Medicaments ($1.87M), Knit T-shirts ($336k), and Non-Knit Women's Suits ($334k). During the last 5 years the exports of Burma to Sri Lanka have decreased at an annualized rate of 15.6%, from $10.8M in 2023 to $4.6M in 2018.

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

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

Latest Data

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

Burma Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$2.98B
Burma
Top DestinationChina$6.97B

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

In 2023, countries that imported more from Sri Lanka than Burma included United States ($2.98B), United Kingdom ($900M), and Canada ($379M).

In 2023, countries that imported more from Burma than Sri Lanka included China ($6.97B), Thailand ($3.44B), and Japan ($1.61B).

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

Comparative Advantage Sri Lanka - Burma

Flow
Scale

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

During 2023, Sri Lanka had a large net trade with Burma in the exports of Textiles ($967k), Paper Goods ($447k), and Mineral Products ($371k).

During 2018, Burma had a large net trade with Sri Lanka in the exports of Chemical Products ($1.87M), Textiles ($1.46M), and Vegetable Products ($606k).

Economic Complexity

Competitive Landscape

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

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

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