2023
Flag  
GDP
$2.08BCURRENT US$
Rnk 176 / 195
2013-2023
Flag
GDP GROWTH
49%CURRENT US$
Rnk 76 / 195
2023
Flag
 GDP
$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH
9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
GDP PC 
$1,503CURRENT US$
Rnk 167 / 195
2013-2023
Flag
GDP PC GROWTH
24.7%CURRENT US$
Rnk 88 / 195
2023
Flag
GDP PC
$3,828CURRENT US$
Rnk 132 / 196
2013-2023
Flag
GDP PC GROWTH
2.34%CURRENT US$
Rnk 150 / 195

About

Timor-Leste-Sri Lanka Trade: In 2023, Timor-Leste exported $2.2k to Sri Lanka. The main products that Timor-Leste exported to Sri Lanka were Electrical Control Boards ($1.69k), Other Measuring Instruments ($218), and Gas and Liquid Flow Measuring Instruments ($166). Over the past 8 years the exports of Timor-Leste to Sri Lanka have decreased at an annualized rate of 28.3%, from $31.4k in 2015 to $2.2k in 2023.

In 2023, Timor-Leste did not export any services to Sri Lanka.

Sri Lanka-Timor-Leste Trade: In 2023, Sri Lanka exported $1.95k to Timor-Leste. The main products that Sri Lanka exported to Timor-Leste were Motor vehicles; parts and accessories (8701 to 8705) ($488), Spices ($273), and Machinery Having Individual Functions ($201). Over the past 8 years the exports of Sri Lanka to Timor-Leste have increased at an annualized rate of 17.2%,  from $882 in 2015 to $1.95k in 2023.

In 2023, Sri Lanka did not export any services to Timor-Leste.

Comparison In 2023,  Timor-Leste ranked 191 in total exports ($163M), and does not have data regarding Economic Complexity Index. 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, Timor-Leste exported $2.2k to Sri Lanka. The main products exported from Timor-Leste to Sri Lanka were Electrical Control Boards ($1.69k), Other Measuring Instruments ($218), and Gas and Liquid Flow Measuring Instruments ($166). During the last 8 years the exports of Timor-Leste to Sri Lanka have decreased at an annualized rate of 28.3%, from $31.4k in 2015 to $2.2k in 2023.

In 2018, Sri Lanka exported $1.95k to Timor-Leste. The main products exported from Sri Lanka to Timor-Leste were Motor vehicles; parts and accessories (8701 to 8705) ($488), Spices ($273), and Machinery Having Individual Functions ($201). During the last 5 years the exports of Sri Lanka to Timor-Leste have increased at an annualized rate of 17.2%, from $882 in 2023 to $1.95k in 2018.

Exports from Timor-Leste (Flag) to Sri Lanka (Flag) (2023)

Exports from Sri Lanka (Flag) to Timor-Leste (Flag) (2023)

Market Competitiveness

Color
Timor-Leste
Top Destination
China$74.7M
Sri Lanka
Top Destination
United States$2.98B

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

In 2023, no countries were registered that imported more from Timor-Leste than from Sri Lanka.

In 2023, countries that imported more from Sri Lanka than Timor-Leste included United States ($2.98B), India ($991M), and Germany ($906M).

Difference in imports from Sri Lanka (Flag) and Timor-Leste (Flag) (2023)

Comparative Advantage Timor-Leste - Sri Lanka

Flow
Scale

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

During 2023, Timor-Leste had a large net trade with Sri Lanka in the exports of Machines ($1.82k) and Instruments ($384).

During 2018, Sri Lanka had a large net trade with Timor-Leste in the exports of Machines ($621), Transportation ($488), and Vegetable Products ($348).

Economic Complexity

Competitive Landscape

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

Product Space of Timor-Leste (Flag) and Sri Lanka (Flag) (2023)

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