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2022
Flag → Flag
Exports $21MRnk 62 / 194
2022
Flag → Flag
Top Product $14MTea
2022
Flag → Flag
Exports $5.08MRnk 125 / 191
2022
Flag → Flag
Top Product $1.54MDried Legumes
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.5Rnk 44 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$161BCURRENT US$
Rnk 58 / 186
2012-2022
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 175 / 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$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH13.2%CURRENT US$
Rnk 103 / 186

About

Sri Lanka-Ukraine Trade: In 2022, Sri Lanka exported $21M to Ukraine. The main products that Sri Lanka exported to Ukraine were Tea ($14M), Knit Women's Undergarments ($1.28M), and Other Vegetable Products ($448k). Over the past 5 years the exports of Sri Lanka to Ukraine have decreased at an annualized rate of 11.6%, from $38.9M in 2017 to $21M in 2022.

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

Ukraine-Sri Lanka Trade: In 2022, Ukraine exported $5.08M to Sri Lanka. The main products that Ukraine exported to Sri Lanka were Dried Legumes ($1.54M), Inedible Fats and Oils ($703k), and Metal Stoppers ($635k). Over the past 5 years the exports of Ukraine to Sri Lanka have decreased at an annualized rate of 41.1%,  from $71.4M in 2017 to $5.08M in 2022.

In 2022, Ukraine 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, Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $21M to Ukraine. The main products exported from Sri Lanka to Ukraine were Tea ($14M), Knit Women's Undergarments ($1.28M), and Other Vegetable Products ($448k). During the last 5 years the exports of Sri Lanka to Ukraine have decreased at an annualized rate of 11.6%, from $38.9M in 2017 to $21M in 2022.

In 2017, Ukraine exported $5.08M to Sri Lanka. The main products exported from Ukraine to Sri Lanka were Dried Legumes ($1.54M), Inedible Fats and Oils ($703k), and Metal Stoppers ($635k). During the last 5 years the exports of Ukraine to Sri Lanka have decreased at an annualized rate of 41.1%, from $71.4M in 2022 to $5.08M in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Ukraine Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Ukraine
Top DestinationPoland$6.7B

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 2022, countries that imported more from Sri Lanka than Ukraine included United States ($3.52B), United Kingdom ($1.04B), and Canada ($429M).

In 2022, countries that imported more from Ukraine than Sri Lanka included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

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

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 2022, Sri Lanka had a large net trade with Ukraine in the exports of Vegetable Products ($15M), Textiles ($3.63M), and Plastics and Rubbers ($847k).

During 2017, Ukraine had a large net trade with Sri Lanka in the exports of Vegetable Products ($2.23M), Animal and Vegetable Bi-Products ($1.36M), and Metals ($758k).

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) (2022)

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