2022
Flag  
GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP
$4.07TCURRENT US$
Rnk 4 / 186
2012-2022
Flag
GDP GROWTH
15.5%CURRENT US$
Rnk 136 / 186
2022
Flag
GDP PC 
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC
$48,432CURRENT US$
Rnk 21 / 186
2012-2022
Flag
GDP PC GROWTH
10.4%CURRENT US$
Rnk 115 / 186

About

Sri Lanka-Germany In 2022, Sri Lanka exported $881M to Germany. The main products that Sri Lanka exported to Germany are Non-Knit Men's Suits ($67.3M), Used Rubber Tires ($57.9M), and Knit Gloves ($56.6M). During the last 27 years the exports of Sri Lanka to Germany have increased at an annualized rate of 3.69%, from $331M in 1995 to $881M in 2022.

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

Germany-Sri Lanka In 2022, Germany exported $302M to Sri Lanka. The main products that Germany exported to Sri Lanka were Packaged Medicaments ($19.5M), Electric Generating Sets ($18.6M), and Vaccines, blood, antisera, toxins and cultures ($18.4M). During the last 27 years the exports of Germany to Sri Lanka have increased at an annualized rate of 2.25%, from $166M in 1995 to $302M in 2022.

In 2022, Germany 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, Germany ranked 5 in the Economic Complexity Index (ECI 1.78), and 3 in total exports ($1.6T).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $881M to Germany. The main products exported from Sri Lanka to Germany were Non-Knit Men's Suits ($67.3M), Used Rubber Tires ($57.9M), and Knit Gloves ($56.6M). During the last 27 years the exports of Sri Lanka to Germany have increased at an annualized rate of 3.69%, from $331M in 1995 to $881M in 2022.

In 2022, Germany exported $302M to Sri Lanka. The main products exported from Germany to Sri Lanka were Packaged Medicaments ($19.5M), Electric Generating Sets ($18.6M), and Vaccines, blood, antisera, toxins and cultures ($18.4M). During the last 27 years the exports of Germany to Sri Lanka have increased at an annualized rate of 2.25%, from $166M in 1995 to $302M in 2022.

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

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

Latest Data

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

Sri Lanka Exports

Date

Germany Exports

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$3.52B
Germany
Top Destination
United States$153B

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

In 2021, countries that imported more from Sri Lanka than Germany were Maldives ($128M), Haiti ($29.5M), and American Samoa ($622k).

In 2021, countries that imported more from Germany than Sri Lanka were United States ($153B), France ($120B), and China ($109B).

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

Comparative Advantage Sri Lanka - Germany

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Germany in the exports of Textiles ($431M), Plastics and Rubbers ($121M), and Machines ($68.3M).

During 2022, Germany had a large net trade with Sri Lanka in the exports of Machines ($117M), Chemical Products ($77.3M), and Textiles ($20.8M).

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

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

Have questions, comments, or concerns?
Send us an e-mail: [email protected]
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with