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Pricing

2022
Flag → Flag
Exports $28.8MRnk 57 / 194
2022
Flag → Flag
Top Product $12.9MPeat
2022
Flag → Flag
Exports $2.07MRnk 138 / 186
2022
Flag → Flag
Top Product $949kSpices
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.29Rnk 80 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$134BCURRENT US$
Rnk 59 / 186
2012-2022
Flag
GDP GROWTH25.5%CURRENT US$
Rnk 109 / 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$3,528CURRENT US$
Rnk 127 / 186
2012-2022
Flag
GDP PC GROWTH11.5%CURRENT US$
Rnk 111 / 186

About

Sri Lanka-Morocco Trade: In 2022, Sri Lanka exported $28.8M to Morocco. The main products that Sri Lanka exported to Morocco were Peat ($12.9M), Coconut and Other Vegetable Fibers ($7.13M), and Other Vegetable Products ($1.24M). Over the past 5 years the exports of Sri Lanka to Morocco have increased at an annualized rate of 22.7%, from $10.4M in 2017 to $28.8M in 2022.

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

Morocco-Sri Lanka Trade: In 2022, Morocco exported $2.07M to Sri Lanka. The main products that Morocco exported to Sri Lanka were Spices ($949k), Spice Seeds ($314k), and Mattresses ($177k). Over the past 5 years the exports of Morocco to Sri Lanka have decreased at an annualized rate of 22.8%,  from $7.56M in 2017 to $2.07M in 2022.

In 2022, Morocco 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, Morocco ranked 80 in the Economic Complexity Index (ECI -0.29), and 63 in total exports ($46.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $28.8M to Morocco. The main products exported from Sri Lanka to Morocco were Peat ($12.9M), Coconut and Other Vegetable Fibers ($7.13M), and Other Vegetable Products ($1.24M). During the last 5 years the exports of Sri Lanka to Morocco have increased at an annualized rate of 22.7%, from $10.4M in 2017 to $28.8M in 2022.

In 2017, Morocco exported $2.07M to Sri Lanka. The main products exported from Morocco to Sri Lanka were Spices ($949k), Spice Seeds ($314k), and Mattresses ($177k). During the last 5 years the exports of Morocco to Sri Lanka have decreased at an annualized rate of 22.8%, from $7.56M in 2022 to $2.07M in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Morocco Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Morocco
Top DestinationSpain$8.55B

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

In 2022, countries that imported more from Sri Lanka than Morocco included United States ($3.52B), United Arab Emirates ($397M), and Australia ($289M).

In 2022, countries that imported more from Morocco than Sri Lanka included Spain ($8.55B), France ($7.92B), and Brazil ($1.96B).

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

Comparative Advantage Sri Lanka - Morocco

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Morocco in the exports of Mineral Products ($13M), Textiles ($10.4M), and Vegetable Products ($2M).

During 2017, Morocco had a large net trade with Sri Lanka in the exports of Vegetable Products ($1.27M), Textiles ($314k), and Miscellaneous ($177k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Morocco+$924kTea
Top Product Potential Morocco Sri Lanka+$73.5kSpice Seeds

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

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

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