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Pricing

2022
Flag → Flag
Exports $167MRnk 113 / 219
2022
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Top Product $62.6MWheat Flours
2022
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Exports $125MRnk 24 / 194
2022
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Top Product $55.9MTea
2022
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Economic Complexity (ECI) ECI 0.59Rnk 39 / 124
2022
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Economic Complexity (ECI) ECI -0.42Rnk 80 / 124
2022
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GDP$906BCURRENT US$
Rnk 19 / 186
2012-2022
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GDP GROWTH2.89%CURRENT US$
Rnk 160 / 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 $10,616CURRENT US$
Rnk 75 / 186
2012-2022
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GDP PC GROWTH-9.24%CURRENT US$
Rnk 162 / 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

Turkey-Sri Lanka In 2022, Turkey exported $167M to Sri Lanka. The main products that Turkey exported to Sri Lanka are Wheat Flours ($62.6M), Dried Legumes ($6.24M), and Non-Retail Synthetic Filament Yarn ($5.68M). During the last 27 years the exports of Turkey to Sri Lanka have increased at an annualized rate of 8.73%, from $17.4M in 1995 to $167M in 2022.

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

Sri Lanka-Turkey In 2022, Sri Lanka exported $125M to Turkey. The main products that Sri Lanka exported to Turkey were Tea ($55.9M), Used Rubber Tires ($9.06M), and Knit Gloves ($6.69M). During the last 27 years the exports of Sri Lanka to Turkey have increased at an annualized rate of 11.8%, from $6.19M in 1995 to $125M in 2022.

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

Comparison In 2022,  Turkey ranked 39 in the Economic Complexity Index (ECI 0.59), and 29 in total exports ($262B). 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, Turkey exported $167M to Sri Lanka. The main products exported from Turkey to Sri Lanka were Wheat Flours ($62.6M), Dried Legumes ($6.24M), and Non-Retail Synthetic Filament Yarn ($5.68M). During the last 27 years the exports of Turkey to Sri Lanka have increased at an annualized rate of 8.73%, from $17.4M in 1995 to $167M in 2022.

In 2022, Sri Lanka exported $125M to Turkey. The main products exported from Sri Lanka to Turkey were Tea ($55.9M), Used Rubber Tires ($9.06M), and Knit Gloves ($6.69M). During the last 27 years the exports of Sri Lanka to Turkey have increased at an annualized rate of 11.8%, from $6.19M in 1995 to $125M in 2022.

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

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

Latest Data

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

Turkey Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Turkey
Top DestinationGermany$21.9B
Sri Lanka
Top DestinationUnited States$3.52B

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

In 2021, countries that imported more from Turkey than Sri Lanka were Germany ($21.9B), United States ($17.1B), and Iraq ($13.7B).

In 2021, countries that imported more from Sri Lanka than Turkey were Maldives ($128M), Fiji ($5.22M), and Eswatini ($1.85M).

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

Comparative Advantage Turkey - Sri Lanka

Flow
Scale

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

During 2022, Turkey had a large net trade with Sri Lanka in the exports of Vegetable Products ($70.6M), Machines ($25.2M), and Textiles ($21.3M).

During 2022, Sri Lanka had a large net trade with Turkey in the exports of Vegetable Products ($61.7M), Textiles ($30.7M), and Plastics and Rubbers ($18.8M).

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

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

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