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Pricing

2023
Flag → Flag
Exports $28.3MRnk 57 / 200
2023
Flag → Flag
Top Product $15.2MTea
2023
Flag → Flag
Exports $37.9MRnk 66 / 193
2023
Flag → Flag
Top Product $30.9MWheat
2023
Flag
Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.39Rnk 47 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
 GDP$179BCURRENT US$
Rnk 57 / 195
2013-2023
Flag
GDP GROWTH-6.16%CURRENT US$
Rnk 179 / 195
2023
Flag
GDP PC $3,828CURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP PC GROWTH2.34%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC$5,070CURRENT US$
Rnk 122 / 196
2013-2023
Flag
GDP PC GROWTH22.8%CURRENT US$
Rnk 95 / 195

About

Sri Lanka-Ukraine Trade: In 2023, Sri Lanka exported $28.3M to Ukraine. The main products that Sri Lanka exported to Ukraine were Tea ($15.2M), Knit Women's Undergarments ($1.9M), and Other Women's Undergarments ($1.8M). Over the past 5 years the exports of Sri Lanka to Ukraine have decreased at an annualized rate of 1.53%, from $30.6M in 2018 to $28.3M in 2023.

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

Ukraine-Sri Lanka Trade: In 2023, Ukraine exported $37.9M to Sri Lanka. The main products that Ukraine exported to Sri Lanka were Wheat ($30.9M), Dried Legumes ($3.23M), and Inedible Fats and Oils ($630k). Over the past 5 years the exports of Ukraine to Sri Lanka have decreased at an annualized rate of 1.46%,  from $40.8M in 2018 to $37.9M in 2023.

In 2023, Ukraine 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, Ukraine ranked 47 in the Economic Complexity Index (ECI 0.39), and 64 in total exports ($40.3B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sri Lanka exported $28.3M to Ukraine. The main products exported from Sri Lanka to Ukraine were Tea ($15.2M), Knit Women's Undergarments ($1.9M), and Other Women's Undergarments ($1.8M). During the last 5 years the exports of Sri Lanka to Ukraine have decreased at an annualized rate of 1.53%, from $30.6M in 2018 to $28.3M in 2023.

In 2018, Ukraine exported $37.9M to Sri Lanka. The main products exported from Ukraine to Sri Lanka were Wheat ($30.9M), Dried Legumes ($3.23M), and Inedible Fats and Oils ($630k). During the last 5 years the exports of Ukraine to Sri Lanka have decreased at an annualized rate of 1.46%, from $40.8M in 2023 to $37.9M in 2018.

Exports from Sri Lanka (Flag) to Ukraine (Flag) (2023)

Exports from Ukraine (Flag) to Sri Lanka (Flag) (2023)

Latest Data

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

Sri Lanka Exports

Date

Ukraine Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$2.98B
Ukraine
Top DestinationPoland$4.83B

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

In 2023, countries that imported more from Sri Lanka than Ukraine included United States ($2.98B), United Kingdom ($900M), and India ($991M).

In 2023, countries that imported more from Ukraine than Sri Lanka included Poland ($4.83B), Romania ($3.56B), and Turkey ($2.88B).

Difference in imports from Ukraine (Flag) and Sri Lanka (Flag) (2023)

Comparative Advantage Sri Lanka - Ukraine

Flow
Scale

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

During 2023, Sri Lanka had a large net trade with Ukraine in the exports of Vegetable Products ($16.1M), Textiles ($7.28M), and Plastics and Rubbers ($2.47M).

During 2018, Ukraine had a large net trade with Sri Lanka in the exports of Vegetable Products ($34.4M), Animal and Vegetable Bi-Products ($1.23M), and Machines ($693k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Ukraine+$2.93kRubber Tires
Top Product Potential Ukraine Sri Lanka+$3.85kCorn

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

Product Space of Sri Lanka (Flag) and Ukraine (Flag) (2023)

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