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Pricing

2022
Flag → Flag
Exports $6.95MRnk 88 / 194
2022
Flag → Flag
Top Product $1.4MRubber Textiles
2022
Flag → Flag
Exports $366kRnk 124 / 178
2022
Flag → Flag
Top Product $104kElectrical Resistors
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.32Rnk 51 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$68.4BCURRENT US$
Rnk 83 / 186
2012-2022
Flag
GDP GROWTH44.8%CURRENT US$
Rnk 76 / 186
2022
Flag
GDP PC $3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC$13,199CURRENT US$
Rnk 66 / 186
2012-2022
Flag
GDP PC GROWTH32.4%CURRENT US$
Rnk 60 / 186

About

Sri Lanka-Costa Rica Trade: In 2022, Sri Lanka exported $6.95M to Costa Rica. The main products that Sri Lanka exported to Costa Rica were Rubber Textiles ($1.4M), Non-Retail Synthetic Filament Yarn ($658k), and Rubber Tires ($414k). Over the past 5 years the exports of Sri Lanka to Costa Rica have increased at an annualized rate of 4.79%, from $5.5M in 2017 to $6.95M in 2022.

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

Costa Rica-Sri Lanka Trade: In 2022, Costa Rica exported $366k to Sri Lanka. The main products that Costa Rica exported to Sri Lanka were Electrical Resistors ($104k), Ink ($79k), and Opto-Electric Instrument Parts ($76k). Over the past 5 years the exports of Costa Rica to Sri Lanka have decreased at an annualized rate of 16.4%,  from $900k in 2017 to $366k in 2022.

In 2022, Costa Rica 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, Costa Rica ranked 51 in the Economic Complexity Index (ECI 0.32), and 82 in total exports ($17.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $6.95M to Costa Rica. The main products exported from Sri Lanka to Costa Rica were Rubber Textiles ($1.4M), Non-Retail Synthetic Filament Yarn ($658k), and Rubber Tires ($414k). During the last 5 years the exports of Sri Lanka to Costa Rica have increased at an annualized rate of 4.79%, from $5.5M in 2017 to $6.95M in 2022.

In 2017, Costa Rica exported $366k to Sri Lanka. The main products exported from Costa Rica to Sri Lanka were Electrical Resistors ($104k), Ink ($79k), and Opto-Electric Instrument Parts ($76k). During the last 5 years the exports of Costa Rica to Sri Lanka have decreased at an annualized rate of 16.4%, from $900k in 2022 to $366k in 2017.

Exports from Sri Lanka (Flag) to Costa Rica (Flag) (2022)

Exports from Costa Rica (Flag) to Sri Lanka (Flag) (2022)

Latest Data

Trade between Sri Lanka (Flag) and Costa Rica (Flag)

Sri Lanka Exports

Date

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Costa Rica
Top DestinationUnited States$6.83B

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

In 2022, countries that imported more from Sri Lanka than Costa Rica included India ($1.12B), United Kingdom ($1.04B), and Germany ($881M).

In 2022, countries that imported more from Costa Rica than Sri Lanka included United States ($6.83B), Guatemala ($821M), and Netherlands ($1.22B).

Difference in imports from Costa Rica (Flag) and Sri Lanka (Flag) (2022)

Comparative Advantage Sri Lanka - Costa Rica

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Costa Rica in the exports of Textiles ($4.15M), Plastics and Rubbers ($910k), and Mineral Products ($614k).

During 2017, Costa Rica had a large net trade with Sri Lanka in the exports of Instruments ($133k), Machines ($114k), and Chemical Products ($82.4k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Costa Rica+$332kNon-Knit Women's Suits
Top Product Potential Costa Rica Sri Lanka+$7.16kMedical Instruments

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

Product Space of Sri Lanka (Flag) and Costa Rica (Flag) (2022)

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