Sign In
Pricing

2022
Flag → Flag
Exports $49.1MRnk 48 / 194
2022
Flag → Flag
Top Product $10.7MPassenger and Cargo Ships
2022
Flag → Flag
Exports $21.8MRnk 87 / 209
2022
Flag → Flag
Top Product $3.58MMixed Mineral or Chemical Fertilizers
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.54Rnk 43 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$579BCURRENT US$
Rnk 24 / 186
2012-2022
Flag
GDP GROWTH13%CURRENT US$
Rnk 141 / 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$106,149CURRENT US$
Rnk 3 / 186
2012-2022
Flag
GDP PC GROWTH3.89%CURRENT US$
Rnk 131 / 186

About

Sri Lanka-Norway Trade: In 2022, Sri Lanka exported $49.1M to Norway. The main products that Sri Lanka exported to Norway were Passenger and Cargo Ships ($10.7M), Insulated Wire ($2.35M), and Rubber Apparel ($2.05M). Over the past 5 years the exports of Sri Lanka to Norway have increased at an annualized rate of 7.67%, from $33.9M in 2017 to $49.1M in 2022.

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

Norway-Sri Lanka Trade: In 2022, Norway exported $21.8M to Sri Lanka. The main products that Norway exported to Sri Lanka were Mixed Mineral or Chemical Fertilizers ($3.58M), Nitrites and Nitrates ($2.49M), and Combustion Engines ($2.14M). Over the past 5 years the exports of Norway to Sri Lanka have increased at an annualized rate of 14.5%,  from $11.1M in 2017 to $21.8M in 2022.

In 2022, Norway 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, Norway ranked 43 in the Economic Complexity Index (ECI 0.54), and 28 in total exports ($285B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $49.1M to Norway. The main products exported from Sri Lanka to Norway were Passenger and Cargo Ships ($10.7M), Insulated Wire ($2.35M), and Rubber Apparel ($2.05M). During the last 5 years the exports of Sri Lanka to Norway have increased at an annualized rate of 7.67%, from $33.9M in 2017 to $49.1M in 2022.

In 2017, Norway exported $21.8M to Sri Lanka. The main products exported from Norway to Sri Lanka were Mixed Mineral or Chemical Fertilizers ($3.58M), Nitrites and Nitrates ($2.49M), and Combustion Engines ($2.14M). During the last 5 years the exports of Norway to Sri Lanka have increased at an annualized rate of 14.5%, from $11.1M in 2022 to $21.8M in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Norway Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Norway
Top DestinationGermany$78.1B

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

In 2022, countries that imported more from Sri Lanka than Norway included Bangladesh ($225M), Iraq ($164M), and Maldives ($128M).

In 2022, countries that imported more from Norway than Sri Lanka included Germany ($78.1B), United Kingdom ($59.1B), and France ($25.9B).

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

Comparative Advantage Sri Lanka - Norway

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Norway in the exports of Textiles ($14.7M), Transportation ($12.4M), and Machines ($6.12M).

During 2017, Norway had a large net trade with Sri Lanka in the exports of Machines ($7.96M), Chemical Products ($7.5M), and Foodstuffs ($1.87M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Norway+$2.14MNon-Knit Men's Suits
Top Product Potential Norway Sri Lanka+$345kElectrical Control Boards

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 Norway. This means that a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Norway. Similarly, a dot/product with the flag of Norway indicates it has a comparative advantage over Sri Lanka.

Product Space of Sri Lanka (Flag) and Norway (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