Sri Lanka
ECON COMPLEXITY (2018)
-0.65
RANK 97 OF 137
PRODUCT EXPORTS (2018)
$11.1B
RANK 84 OF 222
EXPORTS PER CAPITA (2018)
$514
RANK 94 OF 219
PRODUCT IMPORTS (2018)
$18.7B
RANK 80 OF 221
IMPORTS PER CAPITA (2018)
$863
RANK 94 of 219
SERVICE EXPORTS (2018)
$8.37B
RANK 32 OF 88
SERVICE IMPORTS (2018)
$4.61B
RANK 43 OF 88
GDP (2018)
$88.9B
CURRENT US$
RANK 64 OF 196
GDP GROWTH (2008-2018)
118%
CURRENT US$
RANK 24 OF 196
GDP PC (2018)
$4,102
CURRENT US$
RANK 122 OF 196
GDP PC GROWTH (2008-2018)
101%
CURRENT US$
RANK 15 OF 196
Overview: In 2018 Sri Lanka was the number 64 economy in the world in terms of GDP (current US$), the number 84 in total exports, the number 80 in total imports, and the number 97 most complex economy according to the Economic Complexity Index (ECI). In 2018, Sri Lanka exported $11.1B and imported $18.7B, resulting in a negative trade balance of -$7.57B. In 2018, Sri Lanka’s exports per capita were $514 and its imports per capita were $863.
Trade: The top exports of Sri Lanka are Tea ($858M), Other Women’s Undergarments ($635M), Knit Women’s Undergarments ($556M), Knit Women’s Suits ($493M), and Non-Knit Women’s Suits ($476M). The top imports of Sri Lanka are Refined Petroleum ($2.3B), Cars ($1.2B), Light Rubberized Knitted Fabric ($760M), Broadcasting Equipment ($367M), and Packaged Medicaments ($307M).
Destinations: Sri Lanka exports mostly to United States ($2.69B), India($865M), Germany ($823M), United Kingdom ($809M), and Italy($495M), and imports mostly from India ($4.25B), China ($4.23B), Singapore ($1.73B), Japan ($1.17B), and Malaysia ($708M).
Location: Sri Lanka borders India and Maldives by sea.
Exports
In 2018 Sri Lanka exported a total of $11.1B, making it the number 84 exporter in the world. During the last five reported years the exports of Sri Lanka have changed by $150M from $11B in 2013 to $11.1B in 2018.
The most recent exports are led by Tea ($858M), Other Women’s Undergarments ($635M), Knit Women’s Undergarments ($556M), Knit Women’s Suits ($493M), and Non-Knit Women’s Suits ($476M).
Imports
In 2018 Sri Lanka imported $18.7B, making it the number 80 trade destination in the world. During the last five reported years the imports of Sri Lanka changed by -$142M from $18.9B in 2013 to $18.7B in 2018.
The most recent imports of Sri Lanka are led by Refined Petroleum ($2.3B), Cars ($1.2B), Light Rubberized Knitted Fabric ($760M), Broadcasting Equipment ($367M), and Packaged Medicaments ($307M).
Trade Balance
As of 2018 Sri Lanka had a negative trade balance of $9.1B in net imports. As compared to their trade balance in 1995 when they still had a negative trade balance of $614M in net imports.
Destinations
The most common destination for the exports of Sri Lanka are United States ($2.69B), India ($865M), Germany ($823M), United Kingdom ($809M), and Italy ($495M).
Origins
The most common import partners for Sri Lanka are India ($4.25B), China ($4.23B), Singapore ($1.73B), Japan ($1.17B), and Malaysia ($708M).