Sri Lanka (LKA) and Greenland (GRL) Trade | The Observatory of Economic Complexity

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Sri Lanka-Greenland Trade: In 2022, Sri Lanka exported $2.73k to Greenland. The main products that Sri Lanka exported to Greenland were Parachutes ($1.44k) and Precious Stones ($1.29k). Over the past 7 years the exports of Sri Lanka to Greenland have decreased at an annualized rate of 34.4%, from $52k in 2015 to $2.73k in 2022.

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

Greenland-Sri Lanka Trade: In 2022, Greenland exported $216 to Sri Lanka. The main products that Greenland exported to Sri Lanka were N/A. Over the past 7 years the exports of Greenland to Sri Lanka have decreased at an annualized rate of 47.1%, from $9.82k in 2015 to $216 in 2022.

In 2022, Greenland 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, Greenland ranked 152 in total exports ($1.49B), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Sri Lanka exported $2.73k to Greenland. The main products exported from Sri Lanka to Greenland were Parachutes ($1.44k) and Precious Stones ($1.29k). During the last 7 years the exports of Sri Lanka to Greenland have decreased at an annualized rate of 34.4%, from $52k in 2015 to $2.73k in 2022.

In 2015, Greenland exported $216 to Sri Lanka. There were not main exports from Greenland to Sri Lanka in 2015. During the last 5 years the exports of Greenland to Sri Lanka have decreased at an annualized rate of 47.1%, from $9.82k in 2020 to $216 in 2015.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sri Lanka
Top DestinationUnited States$3.52B

Greenland
Top DestinationDenmark$731M

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

In 2022, countries that imported more from Sri Lanka than Greenland included United States ($3.52B), India ($1.12B), and United Kingdom ($1.04B).

In 2022, countries that imported more from Greenland than Sri Lanka included Denmark ($731M), China ($353M), and Iceland ($18.9M).

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

Comparative Advantage Sri Lanka - Greenland

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Sri Lanka had a large net trade with Greenland in the exports of Transportation ($1.44k) and Precious Metals ($1.29k).

During 2015, Greenland had a large net trade with Sri Lanka in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Sri Lanka and Greenland. This means that a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Greenland. Similarly, a dot/product with the flag of Greenland indicates it has a comparative advantage over Sri Lanka.

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Sri Lanka - Greenland

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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