Qatar (QAT) and Sri Lanka (LKA) Trade | The Observatory of Economic Complexity

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Qatar-Sri Lanka Trade: In 2023, Qatar exported $50.1M to Sri Lanka. The main products that Qatar exported to Sri Lanka were Petroleum Gas ($21.6M), Ethylene Polymers ($12.2M), and Semi-Finished Iron ($12.1M). Over the past 6 years the exports of Qatar to Sri Lanka have decreased at an annualized rate of 1.63%, from $55.3M in 2017 to $50.1M in 2023.

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

Sri Lanka-Qatar Trade: In 2023, Sri Lanka exported $29.9M to Qatar. The main products that Sri Lanka exported to Qatar were Other Edible Preparations ($2.47M), Tea ($2.32M), and Beer ($1.9M). Over the past 6 years the exports of Sri Lanka to Qatar have decreased at an annualized rate of 0.12%, from $30.3M in 2017 to $29.9M in 2023.

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

Comparison: In 2023, Qatar ranked 78 in the Economic Complexity Index (ECI -0.33), and 36 in total exports ($118B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Qatar exported $50.1M to Sri Lanka. The main products exported from Qatar to Sri Lanka were Petroleum Gas ($21.6M), Ethylene Polymers ($12.2M), and Semi-Finished Iron ($12.1M). During the last 6 years the exports of Qatar to Sri Lanka have decreased at an annualized rate of 1.63%, from $55.3M in 2017 to $50.1M in 2023.

In 2018, Sri Lanka exported $29.9M to Qatar. The main products exported from Sri Lanka to Qatar were Other Edible Preparations ($2.47M), Tea ($2.32M), and Beer ($1.9M). During the last 5 years the exports of Sri Lanka to Qatar have decreased at an annualized rate of 0.12%, from $30.3M in 2023 to $29.9M in 2018.

Exports from Qatar () to Sri Lanka () (2023)

Exports from Sri Lanka () to Qatar () (2023)

Latest Data

Trade between Qatar () and Sri Lanka ()

Qatar Exports

Date

Sri Lanka Exports

Date

Feb 2012

Jan 2012

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Qatar
Top DestinationChina$20.9B

Sri Lanka
Top DestinationUnited States$2.98B

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

In 2023, countries that imported more from Qatar than Sri Lanka included China ($20.9B), South Korea ($12.1B), and India ($12.9B).

In 2023, countries that imported more from Sri Lanka than Qatar included United States ($2.98B), Germany ($906M), and Canada ($379M).

Difference in imports from Sri Lanka () and Qatar () (2023)

Comparative Advantage Qatar - Sri Lanka

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Qatar had a large net trade with Sri Lanka in the exports of Mineral Products ($21.6M), Metals ($14.8M), and Plastics and Rubbers ($12.5M).

During 2018, Sri Lanka had a large net trade with Qatar in the exports of Vegetable Products ($10.2M), Foodstuffs ($6.97M), and Textiles ($6.67M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Qatar Sri Lanka+$6.89kRefined Petroleum

Top Product Potential Sri Lanka Qatar+$1.57MKnit T-shirts

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

Year

This visualization shows the product space at the HS4 level with the flags of Qatar and Sri Lanka. This means that a dot/product with the flag of Qatar 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 Qatar.

About

Historical Data

Bilateral Trade by Products

Exports from Qatar () to Sri Lanka () (2023)

Exports from Sri Lanka () to Qatar () (2023)

Latest Data

Trade between Qatar () and Sri Lanka ()

Qatar Exports

Sri Lanka Exports

Market Competitiveness

Difference in imports from Sri Lanka () and Qatar () (2023)

Comparative Advantage Qatar - Sri Lanka

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Qatar () and Sri Lanka () (2023)

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