Ireland (IRL) and Sri Lanka (LKA) Trade | The Observatory of Economic Complexity

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Ireland-Sri Lanka In 2022, Ireland exported $13M to Sri Lanka. The main products that Ireland exported to Sri Lanka are Packaged Medicaments ($2.81M), Orthopedic Appliances ($2.6M), and Special Pharmaceuticals ($1.8M). During the last 27 years the exports of Ireland to Sri Lanka have increased at an annualized rate of 0.59%, from $11.1M in 1995 to $13M in 2022.

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

Sri Lanka-Ireland In 2022, Sri Lanka exported $110M to Ireland. The main products that Sri Lanka exported to Ireland were Coffee and Tea Extracts ($22M), Knit Babies' Garments ($16.7M), and Knit Women's Suits ($9.18M). During the last 27 years the exports of Sri Lanka to Ireland have increased at an annualized rate of 8.1%, from $13.4M in 1995 to $110M in 2022.

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

Comparison In 2022, Ireland ranked 18 in the Economic Complexity Index (ECI 1.27), and 31 in total exports ($236B). That same year, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Latest Trends

N/A

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Overview In N/A, Ireland exported €N/A and imported €N/A from Sri Lanka, resulting in a N/A trade balance of €N/A. Between N/A and N/A the exports of Ireland have N/A by €N/A (N/A) from €N/A to €N/A, while imports N/A by €N/A (N/A) from €N/A to €N/A.

Trade In N/A, the top exports of Ireland to Sri Lanka were . In N/A the top imports of Ireland from Sri Lanka were .

Growth In N/A, the N/A in Ireland's year-by-year exports to Sri Lanka was explained primarily by an decrease in product exports in . In N/A, the N/A in Ireland's year-by-year imports from Sri Lanka was explained primarily by an decrease in product imports in .

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Value

Trade Value

Growth

Growth (%)

This section shows exports and imports data at subnational level for Ireland. Click any date in the line plot or any product to explore the exports or imports behavior of Ireland over time.

To check Sri Lanka and Ireland trade dynamics, check the bilateral page.

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Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Ireland exported $13M to Sri Lanka. The main products exported from Ireland to Sri Lanka were Packaged Medicaments ($2.81M), Orthopedic Appliances ($2.6M), and Special Pharmaceuticals ($1.8M). During the last 27 years the exports of Ireland to Sri Lanka have increased at an annualized rate of 0.59%, from $11.1M in 1995 to $13M in 2022.

In 2022, Sri Lanka exported $110M to Ireland. The main products exported from Sri Lanka to Ireland were Coffee and Tea Extracts ($22M), Knit Babies' Garments ($16.7M), and Knit Women's Suits ($9.18M). During the last 27 years the exports of Sri Lanka to Ireland have increased at an annualized rate of 8.1%, from $13.4M in 1995 to $110M in 2022.

Exports from Ireland () to Sri Lanka () (2022)

Exports from Sri Lanka () to Ireland () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Ireland
Top DestinationUnited States$70.7B

Sri Lanka
Top DestinationUnited States$3.52B

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

In 2021, countries that imported more from Ireland than Sri Lanka were United States ($70.7B), Germany ($28.6B), and United Kingdom ($19B).

In 2021, countries that imported more from Sri Lanka than Ireland were Bangladesh ($225M), Maldives ($128M), and Azerbaijan ($76M).

Difference in imports from Sri Lanka () and Ireland () (2022)

Comparative Advantage Ireland - Sri Lanka

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Ireland had a large net trade with Sri Lanka in the exports of Chemical Products ($6.42M), Instruments ($2.9M), and Animal Products ($1.48M).

During 2022, Sri Lanka had a large net trade with Ireland in the exports of Textiles ($60.7M), Foodstuffs ($22.7M), and Plastics and Rubbers ($8.3M).

Economic Complexity

Competitive Landscape

Year

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

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Latest Trends

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Latest Trade

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Historical Data

Bilateral Trade by Products

Exports from Ireland () to Sri Lanka () (2022)

Exports from Sri Lanka () to Ireland () (2022)

Market Competitiveness

Difference in imports from Sri Lanka () and Ireland () (2022)

Comparative Advantage Ireland - Sri Lanka

Economic Complexity

Competitive Landscape

Product Space of Ireland () and Sri Lanka () (2022)

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