2023
Flag  
GDP
$48.5BCURRENT US$
Rnk 93 / 195
2013-2023
Flag
GDP GROWTH
-0.32%CURRENT US$
Rnk 171 / 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 
$3,978CURRENT US$
Rnk 131 / 195
2013-2023
Flag
GDP PC GROWTH
-8.97%CURRENT US$
Rnk 166 / 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

Tunisia-Sri Lanka Trade: In 2023, Tunisia exported $589k to Sri Lanka. The main products that Tunisia exported to Sri Lanka were Electrical Transformers ($278k), Low-voltage Protection Equipment ($100k), and Other Aluminium Products ($56.9k). Over the past 5 years the exports of Tunisia to Sri Lanka have decreased at an annualized rate of 4.08%, from $725k in 2018 to $589k in 2023.

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

Sri Lanka-Tunisia Trade: In 2023, Sri Lanka exported $6.28M to Tunisia. The main products that Sri Lanka exported to Tunisia were Tea ($3.6M), Narrow Woven Fabric ($362k), and Other Vegetable Products ($359k). Over the past 5 years the exports of Sri Lanka to Tunisia have increased at an annualized rate of 25.9%,  from $1.99M in 2018 to $6.28M in 2023.

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

Comparison: In 2023,  Tunisia ranked 56 in the Economic Complexity Index (ECI 0.13), and 74 in total exports ($23.1B). 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, Tunisia exported $589k to Sri Lanka. The main products exported from Tunisia to Sri Lanka were Electrical Transformers ($278k), Low-voltage Protection Equipment ($100k), and Other Aluminium Products ($56.9k). During the last 5 years the exports of Tunisia to Sri Lanka have decreased at an annualized rate of 4.08%, from $725k in 2018 to $589k in 2023.

In 2018, Sri Lanka exported $6.28M to Tunisia. The main products exported from Sri Lanka to Tunisia were Tea ($3.6M), Narrow Woven Fabric ($362k), and Other Vegetable Products ($359k). During the last 5 years the exports of Sri Lanka to Tunisia have increased at an annualized rate of 25.9%, from $1.99M in 2023 to $6.28M in 2018.

Exports from Tunisia (Flag) to Sri Lanka (Flag) (2023)

Exports from Sri Lanka (Flag) to Tunisia (Flag) (2023)

Latest Data

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

Tunisia Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Tunisia
Top Destination
France$5.19B
Sri Lanka
Top Destination
United States$2.98B

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

In 2023, countries that imported more from Tunisia than Sri Lanka included France ($5.19B), Italy ($3.87B), and Germany ($3.09B).

In 2023, countries that imported more from Sri Lanka than Tunisia included United States ($2.98B), India ($991M), and United Kingdom ($900M).

Difference in imports from Sri Lanka (Flag) and Tunisia (Flag) (2023)

Comparative Advantage Tunisia - Sri Lanka

Flow
Scale

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

During 2023, Tunisia had a large net trade with Sri Lanka in the exports of Machines ($398k), Metals ($57k), and Wood Products ($36.8k).

During 2018, Sri Lanka had a large net trade with Tunisia in the exports of Vegetable Products ($3.96M), Textiles ($1.18M), and Plastics and Rubbers ($349k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Tunisia Sri Lanka+$4.37kRefined Petroleum
Top Product Potential Sri Lanka Tunisia+$2.56kCrude Petroleum

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

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

Product Space of Tunisia (Flag) and Sri Lanka (Flag) (2023)

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