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2022
Flag → Flag
Exports $59.7MRnk 43 / 194
2022
Flag → Flag
Top Product $15.8MKnit Women's Undergarments
2022
Flag → Flag
Exports $2.03MRnk 136 / 203
2022
Flag → Flag
Top Product $407kHot-Rolled Iron
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.32Rnk 15 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$115BCURRENT US$
Rnk 61 / 186
2012-2022
Flag
GDP GROWTH22%CURRENT US$
Rnk 117 / 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$21,258CURRENT US$
Rnk 48 / 186
2012-2022
Flag
GDP PC GROWTH21.5%CURRENT US$
Rnk 80 / 186

About

Sri Lanka-Slovakia Trade: In 2022, Sri Lanka exported $59.7M to Slovakia. The main products that Sri Lanka exported to Slovakia were Knit Women's Undergarments ($15.8M), Toilet Paper ($13.3M), and Knit Babies' Garments ($7.58M). Over the past 5 years the exports of Sri Lanka to Slovakia have increased at an annualized rate of 10.3%, from $36.6M in 2017 to $59.7M in 2022.

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

Slovakia-Sri Lanka Trade: In 2022, Slovakia exported $2.03M to Sri Lanka. The main products that Slovakia exported to Sri Lanka were Hot-Rolled Iron ($407k), Insulated Wire ($253k), and Kraft Paper ($251k). Over the past 5 years the exports of Slovakia to Sri Lanka have decreased at an annualized rate of 28.6%,  from $15.3M in 2017 to $2.03M in 2022.

In 2022, Slovakia 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, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.32), and 41 in total exports ($110B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $59.7M to Slovakia. The main products exported from Sri Lanka to Slovakia were Knit Women's Undergarments ($15.8M), Toilet Paper ($13.3M), and Knit Babies' Garments ($7.58M). During the last 5 years the exports of Sri Lanka to Slovakia have increased at an annualized rate of 10.3%, from $36.6M in 2017 to $59.7M in 2022.

In 2017, Slovakia exported $2.03M to Sri Lanka. The main products exported from Slovakia to Sri Lanka were Hot-Rolled Iron ($407k), Insulated Wire ($253k), and Kraft Paper ($251k). During the last 5 years the exports of Slovakia to Sri Lanka have decreased at an annualized rate of 28.6%, from $15.3M in 2022 to $2.03M in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Slovakia Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Slovakia
Top DestinationGermany$22.2B

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

In 2022, countries that imported more from Sri Lanka than Slovakia included India ($1.12B), Bangladesh ($225M), and Iraq ($164M).

In 2022, countries that imported more from Slovakia than Sri Lanka included Germany ($22.2B), Czechia ($12.6B), and Hungary ($9.79B).

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

Comparative Advantage Sri Lanka - Slovakia

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Slovakia in the exports of Textiles ($41.8M), Paper Goods ($13.3M), and Transportation ($1.25M).

During 2017, Slovakia had a large net trade with Sri Lanka in the exports of Metals ($596k), Machines ($517k), and Textiles ($283k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Slovakia+$2.26MKnit Women's Suits
Top Product Potential Slovakia Sri Lanka+$526kHot-Rolled Iron

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

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

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