Sri Lanka (LKA) and Egypt (EGY) Trade | The Observatory of Economic Complexity

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Sri Lanka-Egypt Trade: In 2022, Sri Lanka exported $35.4M to Egypt. The main products that Sri Lanka exported to Egypt were Tea ($9.39M), Coconuts, Brazil Nuts, and Cashews ($7.98M), and Refined Petroleum ($4.52M). Over the past 5 years the exports of Sri Lanka to Egypt have increased at an annualized rate of 7.21%, from $25M in 2017 to $35.4M in 2022.

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

Egypt-Sri Lanka Trade: In 2022, Egypt exported $13.8M to Sri Lanka. The main products that Egypt exported to Sri Lanka were Heavy Pure Woven Cotton ($2.77M), Mixed Mineral or Chemical Fertilizers ($2.26M), and Phosphatic Fertilizers ($1.28M). Over the past 5 years the exports of Egypt to Sri Lanka have decreased at an annualized rate of 17.4%, from $35.9M in 2017 to $13.8M in 2022.

In 2022, Egypt 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, Egypt ranked 69 in the Economic Complexity Index (ECI -0.1), and 59 in total exports ($53.9B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Sri Lanka exported $35.4M to Egypt. The main products exported from Sri Lanka to Egypt were Tea ($9.39M), Coconuts, Brazil Nuts, and Cashews ($7.98M), and Refined Petroleum ($4.52M). During the last 5 years the exports of Sri Lanka to Egypt have increased at an annualized rate of 7.21%, from $25M in 2017 to $35.4M in 2022.

In 2017, Egypt exported $13.8M to Sri Lanka. The main products exported from Egypt to Sri Lanka were Heavy Pure Woven Cotton ($2.77M), Mixed Mineral or Chemical Fertilizers ($2.26M), and Phosphatic Fertilizers ($1.28M). During the last 5 years the exports of Egypt to Sri Lanka have decreased at an annualized rate of 17.4%, from $35.9M in 2022 to $13.8M in 2017.

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

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

Latest Data

Trade between Sri Lanka () and Egypt ()

Sri Lanka Exports

Date

Feb 2012

Jan 2012

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Egypt Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sri Lanka
Top DestinationUnited States$3.52B

Egypt
Top DestinationTurkey$4.23B

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

In 2022, countries that imported more from Sri Lanka than Egypt included United States ($3.52B), Australia ($289M), and Mexico ($197M).

In 2022, countries that imported more from Egypt than Sri Lanka included Turkey ($4.23B), Spain ($3B), and Italy ($3.32B).

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

Comparative Advantage Sri Lanka - Egypt

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Sri Lanka had a large net trade with Egypt in the exports of Vegetable Products ($17.8M), Mineral Products ($4.9M), and Plastics and Rubbers ($4.14M).

During 2017, Egypt had a large net trade with Sri Lanka in the exports of Chemical Products ($3.73M), Vegetable Products ($3.62M), and Textiles ($3.58M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Sri Lanka Egypt+$3.84MTea

Top Product Potential Egypt Sri Lanka+$1.04MHeavy Pure Woven Cotton

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

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Sri Lanka () and Egypt ()

Sri Lanka Exports

Egypt Exports

Market Competitiveness

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

Comparative Advantage Sri Lanka - Egypt

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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