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2023
Flag → Flag
Exports $289MRnk 58 / 182
2023
Flag → Flag
Top Product $178MRefined Petroleum
2023
Flag → Flag
Exports $143MRnk 24 / 200
2023
Flag → Flag
Top Product $46MTea
2023
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Economic Complexity (ECI) ECI 0.76Rnk 36 / 132
2023
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Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag  
GDP$1.07TCURRENT US$
Rnk 19 / 195
2013-2023
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GDP GROWTH41.6%CURRENT US$
Rnk 90 / 195
2023
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 GDP$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
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GDP GROWTH9.55%CURRENT US$
Rnk 157 / 195
2023
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GDP PC $32,094CURRENT US$
Rnk 44 / 195
2013-2023
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GDP PC GROWTH17.6%CURRENT US$
Rnk 109 / 195
2023
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GDP PC$3,828CURRENT US$
Rnk 132 / 196
2013-2023
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GDP PC GROWTH2.34%CURRENT US$
Rnk 150 / 195

About

Saudi Arabia-Sri Lanka Trade: In 2023, Saudi Arabia exported $289M to Sri Lanka. The main products that Saudi Arabia exported to Sri Lanka were Refined Petroleum ($178M), Ethylene Polymers ($38.2M), and Petroleum Gas ($29.4M). Over the past 5 years the exports of Saudi Arabia to Sri Lanka have increased at an annualized rate of 24.8%, from $95.5M in 2018 to $289M in 2023.

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

Sri Lanka-Saudi Arabia Trade: In 2023, Sri Lanka exported $143M to Saudi Arabia. The main products that Sri Lanka exported to Saudi Arabia were Tea ($46M), Special Purpose Ships ($31M), and Bananas ($9.41M). Over the past 5 years the exports of Sri Lanka to Saudi Arabia have increased at an annualized rate of 4.41%,  from $115M in 2018 to $143M in 2023.

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

Comparison: In 2023,  Saudi Arabia ranked 36 in the Economic Complexity Index (ECI 0.76), and 26 in total exports ($300B). 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, Saudi Arabia exported $289M to Sri Lanka. The main products exported from Saudi Arabia to Sri Lanka were Refined Petroleum ($178M), Ethylene Polymers ($38.2M), and Petroleum Gas ($29.4M). During the last 5 years the exports of Saudi Arabia to Sri Lanka have increased at an annualized rate of 24.8%, from $95.5M in 2018 to $289M in 2023.

In 2018, Sri Lanka exported $143M to Saudi Arabia. The main products exported from Sri Lanka to Saudi Arabia were Tea ($46M), Special Purpose Ships ($31M), and Bananas ($9.41M). During the last 5 years the exports of Sri Lanka to Saudi Arabia have increased at an annualized rate of 4.41%, from $115M in 2023 to $143M in 2018.

Exports from Saudi Arabia (Flag) to Sri Lanka (Flag) (2023)

Exports from Sri Lanka (Flag) to Saudi Arabia (Flag) (2023)

Latest Data

Trade between Saudi Arabia (Flag) and Sri Lanka (Flag)

Saudi Arabia Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Saudi Arabia
Top DestinationChina$64.4B
Sri Lanka
Top DestinationUnited States$2.98B

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

In 2023, countries that imported more from Saudi Arabia than Sri Lanka included China ($64.4B), Japan ($34.7B), and India ($34.8B).

In 2023, countries that imported more from Sri Lanka than Saudi Arabia included Maldives ($168M), Israel ($149M), and Mexico ($210M).

Difference in imports from Sri Lanka (Flag) and Saudi Arabia (Flag) (2023)

Comparative Advantage Saudi Arabia - Sri Lanka

Flow
Scale

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

During 2023, Saudi Arabia had a large net trade with Sri Lanka in the exports of Mineral Products ($208M), Plastics and Rubbers ($58.9M), and Chemical Products ($13.2M).

During 2018, Sri Lanka had a large net trade with Saudi Arabia in the exports of Vegetable Products ($67.4M), Transportation ($31.9M), and Textiles ($13.7M).

Economic Complexity

Competitive Landscape

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

Product Space of Saudi Arabia (Flag) and Sri Lanka (Flag) (2023)

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