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Pricing

2022
Flag → Flag
Exports $119MRnk 26 / 194
2022
Flag → Flag
Top Product $35.3MNon-Knit Men's Suits
2022
Flag → Flag
Exports $47.9MRnk 91 / 217
2022
Flag → Flag
Top Product $10MKraft Paper
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.49Rnk 9 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$586BCURRENT US$
Rnk 23 / 186
2012-2022
Flag
GDP GROWTH6.06%CURRENT US$
Rnk 151 / 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$55,873CURRENT US$
Rnk 13 / 186
2012-2022
Flag
GDP PC GROWTH-3.73%CURRENT US$
Rnk 149 / 186

About

Sri Lanka-Sweden Trade: In 2022, Sri Lanka exported $119M to Sweden. The main products that Sri Lanka exported to Sweden were Non-Knit Men's Suits ($35.3M), Other Rubber Products ($10.1M), and Knit Gloves ($6.07M). Over the past 5 years the exports of Sri Lanka to Sweden have increased at an annualized rate of 9.64%, from $75.3M in 2017 to $119M in 2022.

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

Sweden-Sri Lanka Trade: In 2022, Sweden exported $47.9M to Sri Lanka. The main products that Sweden exported to Sri Lanka were Kraft Paper ($10M), Compounded Unvulcanised Rubber ($9.24M), and Packaged Medicaments ($3.6M). Over the past 5 years the exports of Sweden to Sri Lanka have decreased at an annualized rate of 4.64%,  from $60.7M in 2017 to $47.9M in 2022.

In 2022, Sweden 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, Sweden ranked 9 in the Economic Complexity Index (ECI 1.49), and 33 in total exports ($194B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $119M to Sweden. The main products exported from Sri Lanka to Sweden were Non-Knit Men's Suits ($35.3M), Other Rubber Products ($10.1M), and Knit Gloves ($6.07M). During the last 5 years the exports of Sri Lanka to Sweden have increased at an annualized rate of 9.64%, from $75.3M in 2017 to $119M in 2022.

In 2017, Sweden exported $47.9M to Sri Lanka. The main products exported from Sweden to Sri Lanka were Kraft Paper ($10M), Compounded Unvulcanised Rubber ($9.24M), and Packaged Medicaments ($3.6M). During the last 5 years the exports of Sweden to Sri Lanka have decreased at an annualized rate of 4.64%, from $60.7M in 2022 to $47.9M in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Sweden Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Sweden
Top DestinationGermany$19.2B

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

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

In 2022, countries that imported more from Sweden than Sri Lanka included Norway ($18.7B), Germany ($19.2B), and Denmark ($14.6B).

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

Comparative Advantage Sri Lanka - Sweden

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Sweden in the exports of Textiles ($68.3M), Plastics and Rubbers ($18.8M), and Machines ($8.88M).

During 2017, Sweden had a large net trade with Sri Lanka in the exports of Paper Goods ($11.6M), Machines ($10.6M), and Plastics and Rubbers ($10.2M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Sweden+$2.85MNon-Knit Women's Suits
Top Product Potential Sweden Sri Lanka+$928kTelephones

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

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

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