Sri Lanka - Trade Openness 2022
46.68%
+5.45% from 2021
Sri Lanka's trade openness was 46.68% in 2022, increased +5.45% from 41.23% in 2021. This was the 25th highest globally.
Global Ranking - 2022▾
| Rank | Country | Value | YoY |
|---|---|---|---|
| 1st | Sudan | 2.70% | -34.6% |
| 2nd | United States | 27.31% | 6.7% |
| 3rd | Argentina | 31.58% | -4.5% |
| 4th | Pakistan | 33.03% | 22.2% |
| 5th | Bangladesh | 33.78% | 21.8% |
| 6th | Uganda | 34.51% | -17.3% |
| 7th | Tanzania | 35.00% | 17.0% |
| 8th | Syrian Arab Republic | 35.61% | -41.8% |
| 9th | Haiti | 36.53% | -1.4% |
| 10th | Egypt, Arab Republic of | 36.98% | 23.9% |
| 11th | Turkmenistan | 37.36% | 13.0% |
| 12th | China | 37.44% | 2.5% |
| 13th | Brazil | 38.82% | 3.1% |
| 14th | Kenya | 40.28% | 15.1% |
| 15th | Cameroon | 41.29% | 12.4% |
| 16th | Russian Federation | 42.78% | -15.4% |
| 17th | Malawi | 43.62% | -2.2% |
| 18th | Benin | 44.38% | -7.6% |
| 19th | Gambia, The | 44.72% | 6.2% |
| 20th | Sierra Leone | 45.05% | 6.9% |
| 21st | Central African Republic | 45.23% | 2.4% |
| 22nd | Indonesia | 45.46% | 13.1% |
| 23rd | Australia | 45.69% | 13.7% |
| 24th | Guinea-Bissau | 45.76% | 2.1% |
| 25th | Sri Lanka | 46.68% | 13.2% |
| 26th | Japan | 46.81% | 27.4% |
| 27th | Chad | 47.99% | 9.2% |
| 28th | Colombia | 48.28% | 20.5% |
| 29th | Iran, Islamic Republic of | 48.92% | 14.6% |
| 30th | Nepal | 48.97% | 13.7% |
| 31st | India | 50.08% | 10.2% |
| 32nd | Comoros | 50.39% | 19.8% |
| 33rd | New Caledonia | 50.47% | 2.9% |
| 34th | Algeria | 51.19% | 9.3% |
| 35th | Niger | 52.81% | 42.7% |
| 36th | Côte d'Ivoire | 52.87% | 17.2% |
| 37th | New Zealand | 53.48% | 10.2% |
| 38th | Dominican Republic | 54.38% | 4.7% |
| 39th | Guatemala | 54.43% | 10.5% |
| 40th | Zimbabwe | 55.07% | 24.8% |
| 41st | Angola | 55.25% | -10.2% |
| 42nd | Saudi Arabia | 56.82% | 11.7% |
| 43rd | Peru | 57.30% | 3.4% |
| 44th | Bolivia, Plurinational State of | 57.52% | 20.7% |
| 45th | Israel | 60.64% | 10.5% |
| 46th | Samoa | 60.85% | 1.8% |
| 47th | Uruguay | 61.03% | 4.7% |
| 48th | Rwanda | 61.15% | 12.6% |
| 49th | Mali | 61.56% | 8.5% |
| 50th | Togo | 61.58% | 9.2% |
| 51st | Ecuador | 61.88% | 16.2% |
| 52nd | Uzbekistan | 62.84% | 9.4% |
| 53rd | Vanuatu | 63.60% | 6.1% |
| 54th | South Africa | 64.95% | 15.6% |
| 55th | Tajikistan | 65.44% | -8.9% |
| 56th | Canada | 67.32% | 8.1% |
| 57th | Burkina Faso | 67.52% | 8.2% |
| 58th | Kazakhstan | 68.33% | 16.5% |
| 59th | Iraq | 68.76% | 11.8% |
| 60th | United Kingdom | 69.20% | 18.2% |
| 61st | Zambia | 69.30% | -19.6% |
| 62nd | French Polynesia | 69.53% | 31.2% |
| 63rd | Ghana | 70.12% | 11.8% |
| 64th | Tonga | 70.13% | 2.3% |
| 65th | Madagascar | 70.55% | 27.8% |
| 66th | Guam | 71.87% | 16.2% |
| 67th | Italy | 72.02% | 19.4% |
| 68th | Philippines | 72.43% | 14.1% |
| 69th | Afghanistan | 72.89% | 41.8% |
| 70th | Paraguay | 73.74% | 5.7% |
| 71st | Solomon Islands | 74.84% | 11.0% |
| 72nd | Bermuda | 75.20% | 5.3% |
| 73rd | Chile | 75.20% | 15.9% |
| 74th | France | 75.96% | 19.1% |
| 75th | Bahamas, The | 75.98% | 15.2% |
| 76th | Spain | 78.47% | 17.9% |
| 77th | Senegal | 79.60% | 14.7% |
| 78th | Türkiye | 79.90% | 14.8% |
| 79th | Equatorial Guinea | 81.81% | 6.3% |
| 80th | Costa Rica | 82.23% | 16.2% |
| 81st | West Bank and Gaza | 82.39% | 12.7% |
| 82nd | Norway | 82.61% | 16.0% |
| 83rd | Albania | 84.70% | 12.0% |
| 84th | Bhutan | 85.57% | 10.3% |
| 85th | Botswana | 85.61% | -3.5% |
| 86th | Congo, Democratic Republic of | 85.82% | 13.8% |
| 87th | Azerbaijan | 86.98% | 14.0% |
| 88th | Ukraine | 87.40% | 5.7% |
| 89th | El Salvador | 88.70% | 8.4% |
| 90th | Germany | 88.79% | 11.1% |
| 91st | Mexico | 88.80% | 6.9% |
| 92nd | Korea | 90.59% | 20.3% |
| 93rd | Micronesia, Federated States of | 90.63% | 3.8% |
| 94th | Somalia, Fed. Rep. | 90.76% | 14.7% |
| 95th | Kuwait | 90.92% | 10.9% |
| 96th | Gabon | 92.06% | 7.9% |
| 97th | Eswatini | 92.57% | 2.9% |
| 98th | Iceland | 93.05% | 22.1% |
| 99th | Northern Mariana Islands | 93.16% | 18.1% |
| 100th | Greenland | 93.37% | 11.6% |
| 101st | Panama | 93.48% | 16.6% |
| 102nd | Cuba | 93.86% | 17.3% |
| 103rd | Romania | 93.95% | 7.9% |
| 104th | Guinea | 94.17% | -18.3% |
| 105th | Finland | 94.56% | 18.5% |
| 106th | Cabo Verde | 96.99% | 25.2% |
| 107th | Timor-Leste | 97.62% | -2.2% |
| 108th | Congo, Republic of | 98.16% | 14.7% |
| 109th | Puerto Rico (US) | 98.26% | 1.6% |
| 110th | Namibia | 99.26% | 18.8% |
| 111th | Qatar | 100.21% | 8.0% |
| 112th | Morocco | 100.91% | 33.6% |
| 113th | Portugal | 101.36% | 18.0% |
| 114th | Mauritania | 102.03% | 15.5% |
| 115th | European Union | 103.71% | 13.7% |
| 116th | Armenia | 103.88% | 31.1% |
| 117th | Jordan | 104.10% | 29.6% |
| 118th | Palau | 105.20% | 29.6% |
| 119th | Oman | 105.75% | 10.2% |
| 120th | Sweden | 107.11% | 17.6% |
| 121st | Kiribati | 107.69% | 44.5% |
| 122nd | Belize | 107.84% | 8.9% |
| 123rd | Greece | 108.12% | 22.8% |
| 124th | Kosovo | 110.01% | 11.5% |
| 125th | Bosnia and Herzegovina | 110.21% | 13.9% |
| 126th | Moldova | 112.12% | 26.7% |
| 127th | Honduras | 112.70% | 9.0% |
| 128th | Georgia | 114.70% | 12.9% |
| 129th | Lebanon | 114.89% | 45.7% |
| 130th | Nicaragua | 115.45% | 8.7% |
| 131st | Tunisia | 116.10% | 24.0% |
| 132nd | Antigua and Barbuda | 117.70% | 16.5% |
| 133rd | Belarus | 120.02% | -11.8% |
| 134th | Faroe Islands | 122.86% | 18.7% |
| 135th | Poland | 123.02% | 11.0% |
| 136th | Austria | 123.58% | 11.3% |
| 137th | American Samoa | 124.68% | -8.9% |
| 138th | Croatia | 125.41% | 22.6% |
| 139th | Montenegro | 125.46% | 18.7% |
| 140th | Marshall Islands | 128.34% | 6.9% |
| 141st | Serbia | 131.91% | 17.4% |
| 142nd | Denmark | 132.00% | 17.5% |
| 143rd | Thailand | 132.86% | 13.3% |
| 144th | Kyrgyz Republic | 133.79% | 33.4% |
| 145th | Mozambique | 135.28% | 20.7% |
| 146th | Mongolia | 136.33% | 14.5% |
| 147th | Switzerland | 138.50% | 6.5% |
| 148th | Bulgaria | 138.84% | 14.5% |
| 149th | Lesotho | 142.37% | 2.3% |
| 150th | Czechia | 144.01% | 4.8% |
| 151st | Cambodia | 145.87% | -0.2% |
| 152nd | Malaysia | 146.42% | 9.2% |
| 153rd | Brunei Darussalam | 146.97% | -0.1% |
| 154th | Mauritius | 147.66% | 9.2% |
| 155th | Libya | 156.32% | -4.8% |
| 156th | Latvia | 159.89% | 16.9% |
| 157th | Aruba | 160.63% | 14.8% |
| 158th | Maldives | 162.24% | 13.8% |
| 159th | North Macedonia | 166.15% | 13.2% |
| 160th | Bahrain | 167.14% | 8.7% |
| 161st | Nauru | 167.34% | 51.0% |
| 162nd | Macao SAR, China | 170.37% | -0.6% |
| 163rd | Lithuania | 175.65% | 13.5% |
| 164th | Estonia | 175.69% | 9.5% |
| 165th | Viet Nam | 183.15% | -1.9% |
| 166th | Netherlands | 184.11% | 12.8% |
| 167th | Hungary | 185.00% | 16.2% |
| 168th | United Arab Emirates | 185.74% | 1.5% |
| 169th | Slovenia | 186.65% | 15.4% |
| 170th | Seychelles | 189.83% | 3.3% |
| 171st | Belgium | 191.18% | 7.8% |
| 172nd | Slovak Republic | 204.06% | 12.1% |
| 173rd | Virgin Islands (US) | 205.63% | 14.1% |
| 174th | Cyprus | 205.75% | 16.4% |
| 175th | Ireland | 237.76% | 2.9% |
| 176th | Malta | 245.16% | 11.4% |
| 177th | Djibouti | 302.29% | 14.7% |
| 178th | Singapore | 332.35% | 1.0% |
| 179th | San Marino | 370.44% | 8.2% |
| 180th | Hong Kong SAR, China | 384.88% | -4.4% |
| 181st | Luxembourg | 412.18% | 3.7% |
FAQ
What was Sri Lanka's trade openness in 2022?▾
Sri Lanka's trade openness in 2022 was 46.68%. This ranked 25th globally.
How did Sri Lanka's trade openness change in 2022?▾
Sri Lanka's trade openness increased by 13.2% in 2022 compared to 2021.
Which country had the highest trade openness in 2022?▾
Luxembourg had the highest trade openness in 2022 at 412.18%.
What is the trade openness of Sri Lanka in 2022?▾
The trade openness of Sri Lanka in 2022 was 46.68%. This ranked 25th globally.
How does 2022 compare to 2021 for Sri Lanka's trade openness?▾
Sri Lanka's trade openness went from 41.23% in 2021 to 46.68% in 2022, a 13.2% increase.
HistorySaid - pattern alert
Sri Lanka matched the Currency Crisis Pattern pattern in 2022. Historically: 128 occurrences, 35 successful (27%). Outcome 24 months later: -0.4%. View full analysis →
Related
2021
2023
All years
Full ranking 2022
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