Sri Lanka - Trade Openness 2020
37.09%
−12.34% from 2019
Sri Lanka's trade openness was 37.09% in 2020, decreased +12.34% from 49.43% in 2019. This was the 21st highest globally.
Global Ranking - 2020▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sudan | 9.96% | -61.9% |
| 2nd | Cuba | 15.68% | -31.3% |
| 3rd | United States | 23.40% | -11.5% |
| 4th | Bangladesh | 26.27% | -16.8% |
| 5th | Pakistan | 26.72% | -7.6% |
| 6th | Tanzania | 27.96% | -15.3% |
| 7th | Argentina | 30.20% | -7.4% |
| 8th | Kenya | 30.40% | -4.3% |
| 9th | Sierra Leone | 30.61% | -18.5% |
| 10th | Japan | 31.34% | -11.0% |
| 11th | Egypt, Arab Republic of | 32.13% | -21.9% |
| 12th | Brazil | 32.30% | 11.8% |
| 13th | Indonesia | 32.97% | -12.4% |
| 14th | Comoros | 33.73% | -20.2% |
| 15th | Cameroon | 33.74% | -22.2% |
| 16th | China | 34.04% | -3.3% |
| 17th | Colombia | 34.06% | -9.3% |
| 18th | Niger | 35.51% | -4.3% |
| 19th | Turkmenistan | 35.94% | -18.9% |
| 20th | Uganda | 37.00% | -6.0% |
| 21st | Sri Lanka | 37.09% | -25.0% |
| 22nd | Haiti | 37.41% | -16.1% |
| 23rd | Bolivia, Plurinational State of | 37.52% | -18.1% |
| 24th | India | 37.76% | -5.4% |
| 25th | Zimbabwe | 40.18% | -12.9% |
| 26th | Algeria | 40.39% | -13.2% |
| 27th | Chad | 40.64% | -12.9% |
| 28th | Nepal | 40.92% | -16.9% |
| 29th | Malawi | 41.03% | -7.2% |
| 30th | Guatemala | 41.14% | -9.6% |
| 31st | Côte d'Ivoire | 41.94% | -6.1% |
| 32nd | Guinea-Bissau | 42.89% | -14.1% |
| 33rd | Iran, Islamic Republic of | 43.88% | -9.7% |
| 34th | New Zealand | 43.98% | -19.2% |
| 35th | Ecuador | 43.99% | -8.5% |
| 36th | Peru | 44.25% | -5.7% |
| 37th | Australia | 44.50% | -3.3% |
| 38th | Dominican Republic | 44.73% | -12.1% |
| 39th | Syrian Arab Republic | 44.82% | 6.7% |
| 40th | Benin | 44.83% | -29.6% |
| 41st | French Polynesia | 45.83% | -27.6% |
| 42nd | Russian Federation | 45.97% | -6.6% |
| 43rd | Afghanistan | 46.71% | - |
| 44th | Gambia, The | 47.40% | -15.4% |
| 45th | Saudi Arabia | 47.53% | -16.3% |
| 46th | Uruguay | 47.73% | -4.0% |
| 47th | Madagascar | 49.01% | -21.7% |
| 48th | Central African Republic | 49.52% | -1.1% |
| 49th | Lebanon | 50.13% | -20.4% |
| 50th | South Africa | 50.76% | -5.8% |
| 51st | Libya | 50.98% | -35.5% |
| 52nd | Israel | 51.24% | -9.0% |
| 53rd | Bahamas, The | 53.42% | -22.3% |
| 54th | Italy | 53.94% | -8.1% |
| 55th | Angola | 54.34% | -10.5% |
| 56th | New Caledonia | 54.58% | -6.2% |
| 57th | Togo | 55.07% | -2.3% |
| 58th | Rwanda | 55.19% | -4.8% |
| 59th | Tajikistan | 55.75% | -0.5% |
| 60th | Mali | 56.04% | 3.8% |
| 61st | Uzbekistan | 56.05% | -13.7% |
| 62nd | Kazakhstan | 57.03% | -12.1% |
| 63rd | Iraq | 57.74% | -16.3% |
| 64th | Philippines | 58.17% | -15.5% |
| 65th | Chile | 58.18% | 1.0% |
| 66th | France | 58.84% | -11.4% |
| 67th | United Kingdom | 59.16% | -9.0% |
| 68th | Spain | 59.45% | -10.4% |
| 69th | Albania | 59.52% | -21.0% |
| 70th | Senegal | 60.05% | -6.5% |
| 71st | Costa Rica | 60.14% | -8.5% |
| 72nd | Solomon Islands | 60.22% | -27.4% |
| 73rd | Türkiye | 60.39% | -3.5% |
| 74th | Burkina Faso | 60.74% | 0.5% |
| 75th | Congo, Democratic Republic of | 61.03% | 0.2% |
| 76th | Canada | 61.16% | -7.6% |
| 77th | Paraguay | 62.76% | -11.9% |
| 78th | Guam | 63.67% | -18.4% |
| 79th | Norway | 65.35% | -7.8% |
| 80th | Korea | 65.54% | -8.3% |
| 81st | Jordan | 66.06% | -22.9% |
| 82nd | El Salvador | 66.46% | -12.6% |
| 83rd | Ghana | 66.58% | -13.3% |
| 84th | West Bank and Gaza | 67.29% | -2.5% |
| 85th | Iceland | 68.66% | -18.1% |
| 86th | Panama | 68.70% | -14.6% |
| 87th | Morocco | 68.84% | -9.4% |
| 88th | Bermuda | 69.19% | -10.8% |
| 89th | Congo, Republic of | 69.31% | -24.3% |
| 90th | Vanuatu | 69.91% | -29.7% |
| 91st | Gabon | 70.11% | -4.5% |
| 92nd | Armenia | 70.12% | -28.3% |
| 93rd | Greece | 70.29% | -12.8% |
| 94th | Bhutan | 71.83% | -5.6% |
| 95th | Azerbaijan | 72.02% | -16.1% |
| 96th | Finland | 72.18% | -10.4% |
| 97th | Germany | 72.93% | -7.8% |
| 98th | Kosovo | 75.61% | -11.8% |
| 99th | Somalia, Fed. Rep. | 75.70% | 7.7% |
| 100th | Portugal | 76.51% | -11.8% |
| 101st | Mexico | 76.85% | -0.8% |
| 102nd | Namibia | 76.93% | -7.2% |
| 103rd | Samoa | 77.48% | -7.0% |
| 104th | Botswana | 77.66% | -6.5% |
| 105th | Equatorial Guinea | 77.93% | -17.9% |
| 106th | Romania | 78.36% | -7.7% |
| 107th | Cabo Verde | 78.39% | -24.3% |
| 108th | Kiribati | 78.41% | -20.3% |
| 109th | Northern Mariana Islands | 78.98% | -24.6% |
| 110th | Kyrgyz Republic | 78.99% | -16.3% |
| 111th | Ukraine | 79.16% | -12.5% |
| 112th | Zambia | 79.21% | 15.1% |
| 113th | Moldova | 79.27% | -9.5% |
| 114th | Belize | 81.64% | -20.3% |
| 115th | Tonga | 81.85% | -7.0% |
| 116th | Kuwait | 82.01% | -10.6% |
| 117th | Bosnia and Herzegovina | 82.52% | -12.7% |
| 118th | Greenland | 82.66% | -10.3% |
| 119th | European Union | 83.82% | -7.4% |
| 120th | Eswatini | 84.01% | -3.0% |
| 121st | Tunisia | 84.33% | -17.6% |
| 122nd | Sweden | 84.47% | -8.9% |
| 123rd | Timor-Leste | 84.75% | 20.0% |
| 124th | Micronesia, Federated States of | 85.01% | -11.2% |
| 125th | Mauritania | 86.78% | -7.2% |
| 126th | Montenegro | 87.86% | -20.1% |
| 127th | Honduras | 88.00% | -11.5% |
| 128th | Nicaragua | 88.64% | -5.7% |
| 129th | Croatia | 89.55% | -11.7% |
| 130th | Qatar | 90.02% | 0.0% |
| 131st | Oman | 91.88% | 6.2% |
| 132nd | Georgia | 92.89% | -21.2% |
| 133rd | Antigua and Barbuda | 94.29% | -31.4% |
| 134th | Faroe Islands | 96.22% | -11.4% |
| 135th | Thailand | 97.80% | -10.8% |
| 136th | Poland | 99.26% | -2.3% |
| 137th | Mozambique | 99.91% | -5.4% |
| 138th | Austria | 99.95% | -7.6% |
| 139th | Serbia | 100.32% | -6.7% |
| 140th | Palau | 103.35% | -10.5% |
| 141st | Puerto Rico (US) | 103.51% | -3.8% |
| 142nd | Denmark | 104.43% | -6.7% |
| 143rd | Cayman Islands | 105.47% | -8.2% |
| 144th | Marshall Islands | 107.83% | -29.5% |
| 145th | Brunei Darussalam | 110.29% | 1.6% |
| 146th | Bulgaria | 110.42% | -11.8% |
| 147th | Mongolia | 112.84% | -9.3% |
| 148th | Virgin Islands (US) | 113.60% | -26.9% |
| 149th | Maldives | 114.36% | -16.6% |
| 150th | Guinea | 115.77% | 47.6% |
| 151st | Malaysia | 116.79% | -5.1% |
| 152nd | Belarus | 118.93% | -9.1% |
| 153rd | Mauritius | 121.13% | -5.3% |
| 154th | Switzerland | 121.79% | -1.9% |
| 155th | Cambodia | 122.11% | 5.5% |
| 156th | Aruba | 122.72% | -11.0% |
| 157th | Macao SAR, China | 123.43% | 7.1% |
| 158th | Latvia | 123.88% | -1.1% |
| 159th | North Macedonia | 128.24% | -7.5% |
| 160th | Czechia | 128.78% | -6.8% |
| 161st | Nauru | 134.98% | -13.4% |
| 162nd | Bahrain | 135.46% | 0.0% |
| 163rd | Lithuania | 135.80% | -8.5% |
| 164th | Estonia | 137.39% | -2.1% |
| 165th | Lesotho | 141.10% | 0.4% |
| 166th | Slovenia | 147.55% | -7.8% |
| 167th | Netherlands | 152.23% | -5.3% |
| 168th | Seychelles | 153.48% | -11.5% |
| 169th | American Samoa | 154.37% | -1.4% |
| 170th | Hungary | 154.53% | -3.4% |
| 171st | Belgium | 156.95% | -5.1% |
| 172nd | Cyprus | 160.67% | 6.8% |
| 173rd | Viet Nam | 163.25% | -0.9% |
| 174th | Slovak Republic | 167.53% | -8.8% |
| 175th | United Arab Emirates | 181.29% | 10.7% |
| 176th | Djibouti | 225.74% | -29.7% |
| 177th | Malta | 242.36% | 4.0% |
| 178th | Ireland | 258.78% | 0.4% |
| 179th | San Marino | 304.90% | -0.8% |
| 180th | Singapore | 332.04% | 2.4% |
| 181st | Hong Kong SAR, China | 350.68% | -0.9% |
| 182nd | Luxembourg | 375.58% | -1.9% |
FAQ
What was Sri Lanka's trade openness in 2020?▾
Sri Lanka's trade openness in 2020 was 37.09%. This ranked 21st globally.
How did Sri Lanka's trade openness change in 2020?▾
Sri Lanka's trade openness decreased by 25.0% in 2020 compared to 2019.
Which country had the highest trade openness in 2020?▾
Luxembourg had the highest trade openness in 2020 at 375.58%.
What is the trade openness of Sri Lanka in 2020?▾
The trade openness of Sri Lanka in 2020 was 37.09%. This ranked 21st globally.
How does 2020 compare to 2019 for Sri Lanka's trade openness?▾
Sri Lanka's trade openness went from 49.43% in 2019 to 37.09% in 2020, a 25.0% decrease.
Related
2019
2021
All years
Full ranking 2020
Exports
Imports
Trade Balance
Current Account Balance
FDI Inflows
Peak: 2000
Lowest: 2020
Trade Openness 1990s
Trade Openness 2000s
Trade Openness 2010s
Trade Openness 2020s
Highest ever
Lowest ever
Average
vs Bolivia, Plurinational State of
vs Eswatini
vs Djibouti
vs Philippines
Global Ranking