2022
Flag  
GDP
$161BCURRENT US$
Rnk 58 / 186
2012-2022
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GDP GROWTH
-12.1%CURRENT US$
Rnk 175 / 186
2022
Flag
 GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC 
$4,534CURRENT US$
Rnk 115 / 186
2012-2022
Flag
GDP PC GROWTH
13.2%CURRENT US$
Rnk 103 / 186
2022
Flag
GDP PC
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186

About

Ukraine-Sri Lanka Trade: In 2022, Ukraine exported $5.08M to Sri Lanka. The main products that Ukraine exported to Sri Lanka were Dried Legumes ($1.54M), Inedible Fats and Oils ($703k), and Metal Stoppers ($635k). Over the past 5 years the exports of Ukraine to Sri Lanka have decreased at an annualized rate of 41.1%, from $71.4M in 2017 to $5.08M in 2022.

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

Sri Lanka-Ukraine Trade: In 2022, Sri Lanka exported $21M to Ukraine. The main products that Sri Lanka exported to Ukraine were Tea ($14M), Knit Women's Undergarments ($1.28M), and Other Vegetable Products ($448k). Over the past 5 years the exports of Sri Lanka to Ukraine have decreased at an annualized rate of 11.6%,  from $38.9M in 2017 to $21M in 2022.

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

Comparison: In 2022,  Ukraine ranked 44 in the Economic Complexity Index (ECI 0.5), and 61 in total exports ($47.1B). That same year, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Ukraine exported $5.08M to Sri Lanka. The main products exported from Ukraine to Sri Lanka were Dried Legumes ($1.54M), Inedible Fats and Oils ($703k), and Metal Stoppers ($635k). During the last 5 years the exports of Ukraine to Sri Lanka have decreased at an annualized rate of 41.1%, from $71.4M in 2017 to $5.08M in 2022.

In 2017, Sri Lanka exported $21M to Ukraine. The main products exported from Sri Lanka to Ukraine were Tea ($14M), Knit Women's Undergarments ($1.28M), and Other Vegetable Products ($448k). During the last 5 years the exports of Sri Lanka to Ukraine have decreased at an annualized rate of 11.6%, from $38.9M in 2022 to $21M in 2017.

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

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

Latest Data

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

Ukraine Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Ukraine
Top Destination
Poland$6.7B
Sri Lanka
Top Destination
United States$3.52B

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

In 2022, countries that imported more from Ukraine than Sri Lanka included Poland ($6.7B), Romania ($3.94B), and Turkey ($3.02B).

In 2022, countries that imported more from Sri Lanka than Ukraine included United States ($3.52B), United Kingdom ($1.04B), and Canada ($429M).

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

Comparative Advantage Ukraine - Sri Lanka

Flow
Scale

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

During 2022, Ukraine had a large net trade with Sri Lanka in the exports of Vegetable Products ($2.23M), Animal and Vegetable Bi-Products ($1.36M), and Metals ($758k).

During 2017, Sri Lanka had a large net trade with Ukraine in the exports of Vegetable Products ($15M), Textiles ($3.63M), and Plastics and Rubbers ($847k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Ukraine Sri Lanka+$3.85kCorn
Top Product Potential Sri Lanka Ukraine+$2.93kRubber Tires

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 Ukraine and Sri Lanka. This means that a dot/product with the flag of Ukraine 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 Ukraine.

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

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