2023
Flag  
GDP
$27.7TCURRENT US$
Rnk 1 / 195
2013-2023
Flag
GDP GROWTH
64.2%CURRENT US$
Rnk 44 / 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 
$82,769CURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP PC GROWTH
55%CURRENT US$
Rnk 40 / 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

United States-Sri Lanka Trade: In 2023, United States exported $516M to Sri Lanka. The main products that United States exported to Sri Lanka were Soybean Meal ($98.1M), Packaged Medicaments ($84.3M), and Gas Turbines ($53.2M). Over the past 5 years the exports of United States to Sri Lanka have increased at an annualized rate of 7.55%, from $359M in 2018 to $516M in 2023.

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

Sri Lanka-United States Trade: In 2023, Sri Lanka exported $2.98B to United States. The main products that Sri Lanka exported to United States were Knit Women's Undergarments ($230M), Other Women's Undergarments ($225M), and Precious Stones ($196M). Over the past 5 years the exports of Sri Lanka to United States have increased at an annualized rate of 1.38%,  from $2.78B in 2018 to $2.98B in 2023.

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

Comparison: In 2023,  United States ranked 10 in the Economic Complexity Index (ECI 1.5), and 2 in total exports ($1.86T). That same year, Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B).

Company data: In 2024, leading companies such as Kontoor Brands (1.75k), Guess Clothing (962), and Yokohama Industries (370) were at the forefront of exporting goods from Sri Lanka to the United States. Conversely, Other (1.59k), Unknown (1.14k), and Refat Garments Ltd (254) were notable for importing products to Sri Lanka from the United States.

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, United States exported $516M to Sri Lanka. The main products exported from United States to Sri Lanka were Soybean Meal ($98.1M), Packaged Medicaments ($84.3M), and Gas Turbines ($53.2M). During the last 5 years the exports of United States to Sri Lanka have increased at an annualized rate of 7.55%, from $359M in 2018 to $516M in 2023.

In 2018, Sri Lanka exported $2.98B to United States. The main products exported from Sri Lanka to United States were Knit Women's Undergarments ($230M), Other Women's Undergarments ($225M), and Precious Stones ($196M). During the last 5 years the exports of Sri Lanka to United States have increased at an annualized rate of 1.38%, from $2.78B in 2023 to $2.98B in 2018.

Exports from United States (Flag) to Sri Lanka (Flag) (2023)

Exports from Sri Lanka (Flag) to United States (Flag) (2023)

Market Competitiveness

Color
United States
Top Destination
Canada$269B
Sri Lanka
Top Destination
United States$2.98B

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

In 2023, countries that imported more from United States than Sri Lanka included Canada ($269B), Mexico ($243B), and China ($154B).

In 2023, countries that imported more from Sri Lanka than United States included Maldives ($168M), Syria ($43.4M), and American Samoa ($702k).

Difference in imports from Sri Lanka (Flag) and United States (Flag) (2023)

Comparative Advantage United States - Sri Lanka

Flow
Scale

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

During 2023, United States had a large net trade with Sri Lanka in the exports of Foodstuffs ($119M), Machines ($116M), and Chemical Products ($113M).

During 2018, Sri Lanka had a large net trade with United States in the exports of Textiles ($1.79B), Plastics and Rubbers ($343M), and Precious Metals ($206M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential United States Sri Lanka+$6.06MVaccines, blood, antisera, toxins and cultures
Top Product Potential Sri Lanka United States+$67.2MKnit Sweaters

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

Product Space of United States (Flag) and Sri Lanka (Flag) (2023)

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with