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2023
Flag → Flag
Exports $66.1MRnk 39 / 200
2023
Flag → Flag
Top Product $19.6MTea
2023
Flag → Flag
Exports $271MRnk 53 / 212
2023
Flag → Flag
Top Product $92.4MLight Rubberized Knitted Fabric
2023
Flag
Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag
Economic Complexity (ECI) ECI 2Rnk 2 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
GDP PC $3,828CURRENT US$
Rnk 132 / 195
2013-2023
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GDP PC GROWTH2.34%CURRENT US$
Rnk 150 / 195

About

Sri Lanka-Chinese Taipei Trade: In 2023, Sri Lanka exported $66.1M to Chinese Taipei. The main products that Sri Lanka exported to Chinese Taipei were Tea ($19.6M), Activated Carbon ($3.38M), and Mattresses ($3M). Over the past 5 years the exports of Sri Lanka to Chinese Taipei have increased at an annualized rate of 0.09%, from $65.8M in 2018 to $66.1M in 2023.

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

Chinese Taipei-Sri Lanka Trade: In 2023, Chinese Taipei exported $271M to Sri Lanka. The main products that Chinese Taipei exported to Sri Lanka were Light Rubberized Knitted Fabric ($92.4M), Synthetic Filament Yarn Woven Fabric ($14.2M), and Non-Retail Synthetic Filament Yarn ($12.1M). Over the past 5 years the exports of Chinese Taipei to Sri Lanka have decreased at an annualized rate of 7.52%,  from $400M in 2018 to $271M in 2023.

In 2023, Chinese Taipei 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, Chinese Taipei ranked 2 in the Economic Complexity Index (ECI 2), and 11 in total exports ($509B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sri Lanka exported $66.1M to Chinese Taipei. The main products exported from Sri Lanka to Chinese Taipei were Tea ($19.6M), Activated Carbon ($3.38M), and Mattresses ($3M). During the last 5 years the exports of Sri Lanka to Chinese Taipei have increased at an annualized rate of 0.09%, from $65.8M in 2018 to $66.1M in 2023.

In 2018, Chinese Taipei exported $271M to Sri Lanka. The main products exported from Chinese Taipei to Sri Lanka were Light Rubberized Knitted Fabric ($92.4M), Synthetic Filament Yarn Woven Fabric ($14.2M), and Non-Retail Synthetic Filament Yarn ($12.1M). During the last 5 years the exports of Chinese Taipei to Sri Lanka have decreased at an annualized rate of 7.52%, from $400M in 2023 to $271M in 2018.

Exports from Sri Lanka (Flag) to Chinese Taipei (Flag) (2023)

Exports from Chinese Taipei (Flag) to Sri Lanka (Flag) (2023)

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$2.98B
Chinese Taipei
Top DestinationChina$101B

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

In 2023, countries that imported more from Sri Lanka than Chinese Taipei included Maldives ($168M), Syria ($43.4M), and Azerbaijan ($60.8M).

In 2023, countries that imported more from Chinese Taipei than Sri Lanka included China ($101B), United States ($85.6B), and Hong Kong ($66.1B).

Difference in imports from Chinese Taipei (Flag) and Sri Lanka (Flag) (2023)

Comparative Advantage Sri Lanka - Chinese Taipei

Flow
Scale

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

During 2023, Sri Lanka had a large net trade with Chinese Taipei in the exports of Vegetable Products ($23.3M), Textiles ($12.7M), and Animal Products ($6.92M).

During 2018, Chinese Taipei had a large net trade with Sri Lanka in the exports of Textiles ($148M), Plastics and Rubbers ($39.2M), and Machines ($30M).

Economic Complexity

Competitive Landscape

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

Product Space of Sri Lanka (Flag) and Chinese Taipei (Flag) (2023)

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