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2023
Flag → Flag
Exports $322MRnk 19 / 205
2023
Flag → Flag
Top Product $58MHeavy Pure Woven Cotton
2023
Flag → Flag
Exports $145MRnk 23 / 200
2023
Flag → Flag
Top Product $59.9MRaw Cotton
2023
Flag
Economic Complexity (ECI) ECI -0.55Rnk 89 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag  
GDP$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 113 / 195
2023
Flag
 GDP$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
GDP PC $1,365CURRENT US$
Rnk 170 / 195
2013-2023
Flag
GDP PC GROWTH11.4%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC$3,828CURRENT US$
Rnk 132 / 196
2013-2023
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GDP PC GROWTH2.34%CURRENT US$
Rnk 150 / 195

About

Pakistan-Sri Lanka Trade: In 2023, Pakistan exported $322M to Sri Lanka. The main products that Pakistan exported to Sri Lanka were Heavy Pure Woven Cotton ($58M), Cement ($41.9M), and Corn ($36.2M). Over the past 5 years the exports of Pakistan to Sri Lanka have decreased at an annualized rate of 1.88%, from $355M in 2018 to $322M in 2023.

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

Sri Lanka-Pakistan Trade: In 2023, Sri Lanka exported $145M to Pakistan. The main products that Sri Lanka exported to Pakistan were Raw Cotton ($59.9M), Other Vegetable Products ($17.8M), and Scrap Vessels ($9.15M). Over the past 5 years the exports of Sri Lanka to Pakistan have increased at an annualized rate of 6.72%,  from $105M in 2018 to $145M in 2023.

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

Comparison: In 2023,  Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B). That same year, Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Pakistan exported $322M to Sri Lanka. The main products exported from Pakistan to Sri Lanka were Heavy Pure Woven Cotton ($58M), Cement ($41.9M), and Corn ($36.2M). During the last 5 years the exports of Pakistan to Sri Lanka have decreased at an annualized rate of 1.88%, from $355M in 2018 to $322M in 2023.

In 2018, Sri Lanka exported $145M to Pakistan. The main products exported from Sri Lanka to Pakistan were Raw Cotton ($59.9M), Other Vegetable Products ($17.8M), and Scrap Vessels ($9.15M). During the last 5 years the exports of Sri Lanka to Pakistan have increased at an annualized rate of 6.72%, from $105M in 2023 to $145M in 2018.

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

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

Latest Data

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

Pakistan Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Pakistan
Top DestinationUnited States$5.18B
Sri Lanka
Top DestinationUnited States$2.98B

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

In 2023, countries that imported more from Pakistan than Sri Lanka included United Arab Emirates ($3.7B), China ($3.4B), and United States ($5.18B).

In 2023, countries that imported more from Sri Lanka than Pakistan included India ($991M), Maldives ($168M), and Hong Kong ($200M).

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

Comparative Advantage Pakistan - Sri Lanka

Flow
Scale

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

During 2023, Pakistan had a large net trade with Sri Lanka in the exports of Textiles ($133M), Vegetable Products ($82.5M), and Mineral Products ($42.3M).

During 2018, Sri Lanka had a large net trade with Pakistan in the exports of Textiles ($71.1M), Vegetable Products ($26.1M), and Plastics and Rubbers ($11.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Pakistan Sri Lanka+$5.78MRice
Top Product Potential Sri Lanka Pakistan+$1.26MRubber Tires

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

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

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