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Pricing

2022
Flag → Flag
Exports $302MRnk 57 / 218
2022
Flag → Flag
Top Product $45.1MRubber
2022
Flag → Flag
Exports $77.9MRnk 35 / 194
2022
Flag → Flag
Top Product $39MPrecious Stones
2022
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Economic Complexity (ECI) ECI 0.88Rnk 29 / 124
2022
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Economic Complexity (ECI) ECI -0.42Rnk 80 / 124
2022
Flag  
GDP$495BCURRENT US$
Rnk 29 / 186
2012-2022
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GDP GROWTH24.6%CURRENT US$
Rnk 111 / 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 $6,909CURRENT US$
Rnk 93 / 186
2012-2022
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GDP PC GROWTH20.2%CURRENT US$
Rnk 87 / 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

Thailand-Sri Lanka In 2022, Thailand exported $302M to Sri Lanka. The main products that Thailand exported to Sri Lanka are Rubber ($45.1M), Light Rubberized Knitted Fabric ($20.4M), and Raw Sugar ($11.6M). During the last 27 years the exports of Thailand to Sri Lanka have increased at an annualized rate of 1.24%, from $217M in 1995 to $302M in 2022.

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

Sri Lanka-Thailand In 2022, Sri Lanka exported $77.9M to Thailand. The main products that Sri Lanka exported to Thailand were Precious Stones ($39M), Electrical Capacitors ($4.33M), and Wheat Flours ($3.78M). During the last 27 years the exports of Sri Lanka to Thailand have increased at an annualized rate of 4.62%, from $23M in 1995 to $77.9M in 2022.

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

Comparison In 2022,  Thailand ranked 29 in the Economic Complexity Index (ECI 0.88), and 27 in total exports ($312B). 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, Thailand exported $302M to Sri Lanka. The main products exported from Thailand to Sri Lanka were Rubber ($45.1M), Light Rubberized Knitted Fabric ($20.4M), and Raw Sugar ($11.6M). During the last 27 years the exports of Thailand to Sri Lanka have increased at an annualized rate of 1.24%, from $217M in 1995 to $302M in 2022.

In 2022, Sri Lanka exported $77.9M to Thailand. The main products exported from Sri Lanka to Thailand were Precious Stones ($39M), Electrical Capacitors ($4.33M), and Wheat Flours ($3.78M). During the last 27 years the exports of Sri Lanka to Thailand have increased at an annualized rate of 4.62%, from $23M in 1995 to $77.9M in 2022.

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

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

Latest Data

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

Thailand Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Thailand
Top DestinationUnited States$53.4B
Sri Lanka
Top DestinationUnited States$3.52B

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

In 2021, countries that imported more from Thailand than Sri Lanka were United States ($53.4B), China ($35.3B), and Japan ($24.6B).

In 2021, countries that imported more from Sri Lanka than Thailand were Syria ($36M), Haiti ($29.5M), and Azerbaijan ($76M).

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

Comparative Advantage Thailand - Sri Lanka

Flow
Scale

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

During 2022, Thailand had a large net trade with Sri Lanka in the exports of Plastics and Rubbers ($81.3M), Textiles ($62.2M), and Foodstuffs ($30M).

During 2022, Sri Lanka had a large net trade with Thailand in the exports of Precious Metals ($40.8M), Textiles ($10M), and Machines ($8.73M).

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 Thailand has comparative advantage over Sri Lanka. Similarly, the more yellow a dot/product is, the more Sri Lanka has comparative advantage over Thailand.

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

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