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2022
Flag → Flag
Exports $768MRnk 38 / 215
2022
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Top Product $479MRefined Petroleum
2022
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Exports $1.25kRnk 18 / 194
2022
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Top Product $24.9MRefined Petroleum
2022
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Economic Complexity (ECI) ECI 1.53Rnk 5 / 124
2022
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Economic Complexity (ECI) ECI -0.42Rnk 80 / 124
2022
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GDP$467BCURRENT US$
Rnk 33 / 186
2012-2022
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GDP GROWTH58.2%CURRENT US$
Rnk 42 / 186
2022
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 GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
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GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
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GDP PC $82,808CURRENT US$
Rnk 7 / 186
2012-2022
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GDP PC GROWTH49.1%CURRENT US$
Rnk 37 / 186
2022
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GDP PC$3,354CURRENT US$
Rnk 130 / 186
2012-2022
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GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Singapore-Sri Lanka In 2022, Singapore exported $768M to Sri Lanka. The main products that Singapore exported to Sri Lanka are Refined Petroleum ($479M), Office Machine Parts ($24.6M), and Computers ($21.3M). During the last 27 years the exports of Singapore to Sri Lanka have increased at an annualized rate of 2.8%, from $364M in 1995 to $768M in 2022.

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

Sri Lanka-Singapore In 2022, Sri Lanka exported $181M to Singapore. The main products that Sri Lanka exported to Singapore were Refined Petroleum ($24.9M), Precious Stones ($24.6M), and Titanium Ore ($22.5M). During the last 27 years the exports of Sri Lanka to Singapore have increased at an annualized rate of 4.7%, from $52.4M in 1995 to $181M in 2022.

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

Comparison In 2022,  Singapore ranked 5 in the Economic Complexity Index (ECI 1.53), and 21 in total exports ($379B). That same year, Sri Lanka ranked 80 in the Economic Complexity Index (ECI -0.42), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Singapore exported $768M to Sri Lanka. The main products exported from Singapore to Sri Lanka were Refined Petroleum ($479M), Office Machine Parts ($24.6M), and Computers ($21.3M). During the last 27 years the exports of Singapore to Sri Lanka have increased at an annualized rate of 3.8%, from $193k in 1995 to $768M in 2022.

In 2022, Sri Lanka exported $181M to Singapore. The main products exported from Sri Lanka to Singapore were Refined Petroleum ($24.9M), Precious Stones ($24.6M), and Titanium Ore ($22.5M). During the last 22 years the exports of Sri Lanka to Singapore have increased at an annualized rate of 5.19%, from $5.29k in 2000 to $181M in 2022.

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

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

Latest Data

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

Singapore Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Singapore
Top DestinationHong Kong$51.6B
Sri Lanka
Top DestinationUnited States$3.52B

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

In 2021, countries that imported more from Singapore than Sri Lanka were Hong Kong ($51.6B), China ($51.2B), and Malaysia ($35.9B).

In 2021, countries that imported more from Sri Lanka than Singapore were Iraq ($164M), Iran ($86.1M), and Azerbaijan ($76M).

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

Comparative Advantage Singapore - Sri Lanka

Flow
Scale

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

During 2022, Singapore had a large net trade with Sri Lanka in the exports of Mineral Products ($479M), Machines ($98.1M), and Chemical Products ($56.9M).

During 2022, Sri Lanka had a large net trade with Singapore in the exports of Mineral Products ($50.3M), Machines ($25.4M), and Precious Metals ($25.3M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Singapore has comparative advantage over Sri Lanka. Similarly, the more yellow a dot/product is, the more Sri Lanka has comparative advantage over Singapore.

Product Space of Singapore (Flag) and Sri Lanka (Flag) (2022)

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