2022
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GDP
$74.4BCURRENT US$
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GDP GROWTH
5.62%CURRENT US$
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 GDP
$3.07TCURRENT US$
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13.5%CURRENT US$
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GDP PC 
$3,354CURRENT US$
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GDP PC GROWTH
0.074%CURRENT US$
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$45,850CURRENT US$
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7.92%CURRENT US$
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About

Sri Lanka-United Kingdom In 2022, Sri Lanka exported $1.04B to United Kingdom. The main products that Sri Lanka exported to United Kingdom are Knit Babies' Garments ($124M), Non-Knit Women's Suits ($108M), and Knit Women's Suits ($86.7M). During the last 27 years the exports of Sri Lanka to United Kingdom have increased at an annualized rate of 4.51%, from $317M in 1995 to $1.04B in 2022.

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

United Kingdom-Sri Lanka In 2022, United Kingdom exported $195M to Sri Lanka. The main products that United Kingdom exported to Sri Lanka were Hard Liquor ($13.9M), Uncoated Paper ($13.8M), and Gas Turbines ($10.7M). During the last 27 years the exports of United Kingdom to Sri Lanka have decreased at an annualized rate of 0.55%, from $226M in 1995 to $195M in 2022.

In 2022, United Kingdom 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, United Kingdom ranked 12 in the Economic Complexity Index (ECI 1.42), and 14 in total exports ($469B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $1.04B to United Kingdom. The main products exported from Sri Lanka to United Kingdom were Knit Babies' Garments ($124M), Non-Knit Women's Suits ($108M), and Knit Women's Suits ($86.7M). During the last 27 years the exports of Sri Lanka to United Kingdom have increased at an annualized rate of 4.51%, from $317M in 1995 to $1.04B in 2022.

In 2022, United Kingdom exported $195M to Sri Lanka. The main products exported from United Kingdom to Sri Lanka were Hard Liquor ($13.9M), Uncoated Paper ($13.8M), and Gas Turbines ($10.7M). During the last 27 years the exports of United Kingdom to Sri Lanka have decreased at an annualized rate of 0.55%, from $226M in 1995 to $195M in 2022.

Exports from Sri Lanka (Flag) to United Kingdom (Flag) (2022)

Exports from United Kingdom (Flag) to Sri Lanka (Flag) (2022)

Latest Data

Trade between Sri Lanka (Flag) and United Kingdom (Flag)

Sri Lanka Exports

Date

United Kingdom Exports

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$3.52B
United Kingdom
Top Destination
United States$61.8B

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

In 2021, countries that imported more from Sri Lanka than United Kingdom were Maldives ($128M), Syria ($36M), and Haiti ($29.5M).

In 2021, countries that imported more from United Kingdom than Sri Lanka were United States ($61.8B), Netherlands ($41.9B), and Germany ($40.6B).

Difference in imports from United Kingdom (Flag) and Sri Lanka (Flag) (2022)

Comparative Advantage Sri Lanka - United Kingdom

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with United Kingdom in the exports of Textiles ($765M), Plastics and Rubbers ($41.8M), and Machines ($36.8M).

During 2022, United Kingdom had a large net trade with Sri Lanka in the exports of Machines ($53.8M), Chemical Products ($26.6M), and Foodstuffs ($24.6M).

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

Product Space of Sri Lanka (Flag) and United Kingdom (Flag) (2022)

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