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2022
Flag → Flag
Exports $71.2MRnk 38 / 194
2022
Flag → Flag
Top Product $22.3MTea
2022
Flag → Flag
Exports $381MRnk 53 / 210
2022
Flag → Flag
Top Product $130MLight Rubberized Knitted Fabric
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI 1.94Rnk 3 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC $3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Sri Lanka-Chinese Taipei Trade: In 2022, Sri Lanka exported $71.2M to Chinese Taipei. The main products that Sri Lanka exported to Chinese Taipei were Tea ($22.3M), Other Oily Seeds ($5.04M), and Refined Copper ($4.49M). Over the past 5 years the exports of Sri Lanka to Chinese Taipei have increased at an annualized rate of 5.93%, from $53.4M in 2017 to $71.2M in 2022.

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

Chinese Taipei-Sri Lanka Trade: In 2022, Chinese Taipei exported $381M to Sri Lanka. The main products that Chinese Taipei exported to Sri Lanka were Light Rubberized Knitted Fabric ($130M), Synthetic Filament Yarn Woven Fabric ($27.2M), and Non-Retail Synthetic Filament Yarn ($22M). Over the past 5 years the exports of Chinese Taipei to Sri Lanka have decreased at an annualized rate of 5.79%,  from $513M in 2017 to $381M in 2022.

In 2022, Chinese Taipei 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, Chinese Taipei ranked 3 in the Economic Complexity Index (ECI 1.94), and 11 in total exports ($542B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $71.2M to Chinese Taipei. The main products exported from Sri Lanka to Chinese Taipei were Tea ($22.3M), Other Oily Seeds ($5.04M), and Refined Copper ($4.49M). During the last 5 years the exports of Sri Lanka to Chinese Taipei have increased at an annualized rate of 5.93%, from $53.4M in 2017 to $71.2M in 2022.

In 2017, Chinese Taipei exported $381M to Sri Lanka. The main products exported from Chinese Taipei to Sri Lanka were Light Rubberized Knitted Fabric ($130M), Synthetic Filament Yarn Woven Fabric ($27.2M), and Non-Retail Synthetic Filament Yarn ($22M). During the last 5 years the exports of Chinese Taipei to Sri Lanka have decreased at an annualized rate of 5.79%, from $513M in 2022 to $381M in 2017.

Exports from Sri Lanka (Flag) to Chinese Taipei (Flag) (2022)

Exports from Chinese Taipei (Flag) to Sri Lanka (Flag) (2022)

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Chinese Taipei
Top DestinationChina$121B

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 2022, countries that imported more from Sri Lanka than Chinese Taipei included Maldives ($128M), Azerbaijan ($76M), and Syria ($36M).

In 2022, countries that imported more from Chinese Taipei than Sri Lanka included China ($121B), United States ($82.6B), and Hong Kong ($65.8B).

Difference in imports from Chinese Taipei (Flag) and Sri Lanka (Flag) (2022)

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 2022, Sri Lanka had a large net trade with Chinese Taipei in the exports of Vegetable Products ($27.7M), Textiles ($12.5M), and Animal Products ($9.43M).

During 2017, Chinese Taipei had a large net trade with Sri Lanka in the exports of Textiles ($219M), Plastics and Rubbers ($51.6M), and Machines ($36.4M).

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) (2022)

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