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2022
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Exports $88.1MRnk 31 / 194
2022
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Top Product $11.7MRefined Petroleum
2022
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Exports $867MRnk 37 / 218
2022
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Top Product $451MRefined Petroleum
2022
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Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
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Economic Complexity (ECI) ECI 1.09Rnk 24 / 133
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$406BCURRENT US$
Rnk 36 / 186
2012-2022
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GDP GROWTH29.2%CURRENT US$
Rnk 102 / 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
2022
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GDP PC$11,972CURRENT US$
Rnk 69 / 186
2012-2022
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GDP PC GROWTH12.9%CURRENT US$
Rnk 104 / 186

About

Sri Lanka-Malaysia In 2022, Sri Lanka exported $88.1M to Malaysia. The main products that Sri Lanka exported to Malaysia are Refined Petroleum ($11.7M), Wheat Flours ($8.42M), and Precious Stones ($4.19M). During the last 27 years the exports of Sri Lanka to Malaysia have increased at an annualized rate of 4.98%, from $23.7M in 1995 to $88.1M in 2022.

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

Malaysia-Sri Lanka In 2022, Malaysia exported $867M to Sri Lanka. The main products that Malaysia exported to Sri Lanka were Refined Petroleum ($451M), Nitrogenous Fertilizers ($44M), and Palm Oil ($23.7M). During the last 27 years the exports of Malaysia to Sri Lanka have increased at an annualized rate of 5.91%, from $184M in 1995 to $867M in 2022.

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

Comparison In 2022,  Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B). That same year, Malaysia ranked 24 in the Economic Complexity Index (ECI 1.09), and 22 in total exports ($378B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $88.1M to Malaysia. The main products exported from Sri Lanka to Malaysia were Refined Petroleum ($11.7M), Wheat Flours ($8.42M), and Precious Stones ($4.19M). During the last 27 years the exports of Sri Lanka to Malaysia have increased at an annualized rate of 4.98%, from $23.7M in 1995 to $88.1M in 2022.

In 2022, Malaysia exported $867M to Sri Lanka. The main products exported from Malaysia to Sri Lanka were Refined Petroleum ($451M), Nitrogenous Fertilizers ($44M), and Palm Oil ($23.7M). During the last 27 years the exports of Malaysia to Sri Lanka have increased at an annualized rate of 5.91%, from $184M in 1995 to $867M in 2022.

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

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

Latest Data

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

Sri Lanka Exports

Date

Malaysia Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Malaysia
Top DestinationSingapore$53.8B

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

In 2021, countries that imported more from Sri Lanka than Malaysia were Israel ($176M), Libya ($44.4M), and Azerbaijan ($76M).

In 2021, countries that imported more from Malaysia than Sri Lanka were Singapore ($53.8B), China ($48.5B), and United States ($44.2B).

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

Comparative Advantage Sri Lanka - Malaysia

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Malaysia in the exports of Textiles ($18.5M), Mineral Products ($15.3M), and Vegetable Products ($13.4M).

During 2022, Malaysia had a large net trade with Sri Lanka in the exports of Mineral Products ($473M), Chemical Products ($108M), and Animal and Vegetable Bi-Products ($65.7M).

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

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

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