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2022
Flag → Flag
Exports $103MRnk 29 / 194
2022
Flag → Flag
Top Product $46.5MTea
2022
Flag → Flag
Exports $217MRnk 52 / 138
2022
Flag → Flag
Top Product $63.6MRefined Petroleum
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.78Rnk 35 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$1.11TCURRENT US$
Rnk 17 / 186
2012-2022
Flag
GDP GROWTH49.4%CURRENT US$
Rnk 62 / 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$30,436CURRENT US$
Rnk 37 / 186
2012-2022
Flag
GDP PC GROWTH26.5%CURRENT US$
Rnk 71 / 186

About

Sri Lanka-Saudi Arabia Trade: In 2022, Sri Lanka exported $103M to Saudi Arabia. The main products that Sri Lanka exported to Saudi Arabia were Tea ($46.5M), Rubber Apparel ($5.3M), and Refined Petroleum ($4.93M). Over the past 5 years the exports of Sri Lanka to Saudi Arabia have increased at an annualized rate of 2.08%, from $92.9M in 2017 to $103M in 2022.

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

Saudi Arabia-Sri Lanka Trade: In 2022, Saudi Arabia exported $217M to Sri Lanka. The main products that Saudi Arabia exported to Sri Lanka were Refined Petroleum ($63.6M), Petroleum Gas ($60M), and Ethylene Polymers ($48.8M). Over the past 5 years the exports of Saudi Arabia to Sri Lanka have increased at an annualized rate of 8.02%,  from $136M in 2017 to $217M in 2022.

In 2022, Saudi Arabia 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, Saudi Arabia ranked 35 in the Economic Complexity Index (ECI 0.78), and 23 in total exports ($362B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $103M to Saudi Arabia. The main products exported from Sri Lanka to Saudi Arabia were Tea ($46.5M), Rubber Apparel ($5.3M), and Refined Petroleum ($4.93M). During the last 5 years the exports of Sri Lanka to Saudi Arabia have increased at an annualized rate of 2.08%, from $92.9M in 2017 to $103M in 2022.

In 2017, Saudi Arabia exported $217M to Sri Lanka. The main products exported from Saudi Arabia to Sri Lanka were Refined Petroleum ($63.6M), Petroleum Gas ($60M), and Ethylene Polymers ($48.8M). During the last 5 years the exports of Saudi Arabia to Sri Lanka have increased at an annualized rate of 8.02%, from $136M in 2022 to $217M in 2017.

Exports from Sri Lanka (Flag) to Saudi Arabia (Flag) (2022)

Exports from Saudi Arabia (Flag) to Sri Lanka (Flag) (2022)

Latest Data

Trade between Sri Lanka (Flag) and Saudi Arabia (Flag)

Sri Lanka Exports

Date

Saudi Arabia Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Saudi Arabia
Top DestinationChina$68B

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

In 2022, countries that imported more from Sri Lanka than Saudi Arabia included Bangladesh ($225M), Israel ($176M), and Mexico ($197M).

In 2022, countries that imported more from Saudi Arabia than Sri Lanka included China ($68B), India ($46.2B), and Japan ($36.5B).

Difference in imports from Saudi Arabia (Flag) and Sri Lanka (Flag) (2022)

Comparative Advantage Sri Lanka - Saudi Arabia

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Saudi Arabia in the exports of Vegetable Products ($61.7M), Plastics and Rubbers ($11.5M), and Foodstuffs ($6.6M).

During 2017, Saudi Arabia had a large net trade with Sri Lanka in the exports of Mineral Products ($126M), Plastics and Rubbers ($77.1M), and Chemical Products ($8.11M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Saudi Arabia+$4.4kNon-Knit Women's Suits
Top Product Potential Saudi Arabia Sri Lanka+$9.21kRefined 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.

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Economic Complexity

Competitive Landscape

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

Product Space of Sri Lanka (Flag) and Saudi Arabia (Flag) (2022)

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