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2022
Flag → Flag
Exports $8.15MRnk 84 / 194
2022
Flag → Flag
Top Product $4.22MTea
2022
Flag → Flag
Exports $20.4MRnk 72 / 146
2022
Flag → Flag
Top Product $16.4MRefined Petroleum
2022
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Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
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Economic Complexity (ECI) ECI -0.17Rnk 73 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
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GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
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 GDP$221BCURRENT US$
Rnk 53 / 186
2012-2022
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GDP GROWTH6.07%CURRENT US$
Rnk 150 / 186
2022
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GDP PC $3,354CURRENT US$
Rnk 130 / 186
2012-2022
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GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186
2022
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GDP PC$11,244CURRENT US$
Rnk 73 / 186
2012-2022
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GDP PC GROWTH-9.23%CURRENT US$
Rnk 161 / 186

About

Sri Lanka-Kazakhstan Trade: In 2022, Sri Lanka exported $8.15M to Kazakhstan. The main products that Sri Lanka exported to Kazakhstan were Tea ($4.22M), Knit Gloves ($383k), and Activated Carbon ($364k). Over the past 5 years the exports of Sri Lanka to Kazakhstan have increased at an annualized rate of 4.43%, from $6.57M in 2017 to $8.15M in 2022.

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

Kazakhstan-Sri Lanka Trade: In 2022, Kazakhstan exported $20.4M to Sri Lanka. The main products that Kazakhstan exported to Sri Lanka were Refined Petroleum ($16.4M), Asbestos ($3.94M), and Other Plastic Products ($27.7k). Over the past 5 years the exports of Kazakhstan to Sri Lanka have increased at an annualized rate of 30.5%,  from $5.39M in 2017 to $20.4M in 2022.

In 2022, Kazakhstan 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, Kazakhstan ranked 73 in the Economic Complexity Index (ECI -0.17), and 45 in total exports ($98.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $8.15M to Kazakhstan. The main products exported from Sri Lanka to Kazakhstan were Tea ($4.22M), Knit Gloves ($383k), and Activated Carbon ($364k). During the last 5 years the exports of Sri Lanka to Kazakhstan have increased at an annualized rate of 4.43%, from $6.57M in 2017 to $8.15M in 2022.

In 2017, Kazakhstan exported $20.4M to Sri Lanka. The main products exported from Kazakhstan to Sri Lanka were Refined Petroleum ($16.4M), Asbestos ($3.94M), and Other Plastic Products ($27.7k). During the last 5 years the exports of Kazakhstan to Sri Lanka have increased at an annualized rate of 30.5%, from $5.39M in 2022 to $20.4M in 2017.

Exports from Sri Lanka (Flag) to Kazakhstan (Flag) (2022)

Exports from Kazakhstan (Flag) to Sri Lanka (Flag) (2022)

Latest Data

Trade between Sri Lanka (Flag) and Kazakhstan (Flag)

Sri Lanka Exports

Date

Kazakhstan Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Kazakhstan
Top DestinationChina$13.4B

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

In 2022, countries that imported more from Sri Lanka than Kazakhstan included United States ($3.52B), Australia ($289M), and Bangladesh ($225M).

In 2022, countries that imported more from Kazakhstan than Sri Lanka included China ($13.4B), Italy ($12.4B), and Russia ($8.78B).

Difference in imports from Kazakhstan (Flag) and Sri Lanka (Flag) (2022)

Comparative Advantage Sri Lanka - Kazakhstan

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Kazakhstan in the exports of Vegetable Products ($4.28M), Textiles ($1.76M), and Chemical Products ($545k).

During 2017, Kazakhstan had a large net trade with Sri Lanka in the exports of Mineral Products ($20.3M), Plastics and Rubbers ($27.7k), and Transportation ($1.27k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Kazakhstan+$1.37MTea
Top Product Potential Kazakhstan Sri Lanka+$6.35kRefined Petroleum

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 Kazakhstan. This means that a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Kazakhstan. Similarly, a dot/product with the flag of Kazakhstan indicates it has a comparative advantage over Sri Lanka.

Product Space of Sri Lanka (Flag) and Kazakhstan (Flag) (2022)

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