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$74.4BCURRENT US$
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5.62%CURRENT US$
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$3,354CURRENT US$
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0.074%CURRENT US$
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About

Sri Lanka-Japan In 2022, Sri Lanka exported $268M to Japan. The main products that Sri Lanka exported to Japan are Tea ($38.8M), Bran ($22.1M), and Crustaceans ($19.5M). During the last 27 years the exports of Sri Lanka to Japan have increased at an annualized rate of 0.82%, from $215M in 1995 to $268M in 2022.

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

Japan-Sri Lanka In 2022, Japan exported $245M to Sri Lanka. The main products that Japan exported to Sri Lanka were Synthetic Rubber ($29.3M), Large Construction Vehicles ($13.6M), and Synthetic Filament Yarn Woven Fabric ($10.7M). During the last 27 years the exports of Japan to Sri Lanka have decreased at an annualized rate of 2.03%, from $426M in 1995 to $245M in 2022.

In 2022, Japan 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, Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($728B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $268M to Japan. The main products exported from Sri Lanka to Japan were Tea ($38.8M), Bran ($22.1M), and Crustaceans ($19.5M). During the last 27 years the exports of Sri Lanka to Japan have increased at an annualized rate of 0.82%, from $215M in 1995 to $268M in 2022.

In 2022, Japan exported $245M to Sri Lanka. The main products exported from Japan to Sri Lanka were Synthetic Rubber ($29.3M), Large Construction Vehicles ($13.6M), and Synthetic Filament Yarn Woven Fabric ($10.7M). During the last 27 years the exports of Japan to Sri Lanka have decreased at an annualized rate of 2.03%, from $426M in 1995 to $245M in 2022.

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

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

Latest Data

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

Sri Lanka Exports

Date

Japan Exports

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$3.52B
Japan
Top Destination
United States$137B

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

In 2021, countries that imported more from Sri Lanka than Japan were Maldives ($128M), Iran ($86.1M), and Syria ($36M).

In 2021, countries that imported more from Japan than Sri Lanka were China ($135B), United States ($137B), and South Korea ($50.8B).

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

Comparative Advantage Sri Lanka - Japan

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Japan in the exports of Vegetable Products ($60.3M), Textiles ($56.4M), and Plastics and Rubbers ($30.9M).

During 2022, Japan had a large net trade with Sri Lanka in the exports of Machines ($68.5M), Plastics and Rubbers ($47.1M), and Textiles ($32M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Sri Lanka has comparative advantage over Japan. Similarly, the more yellow a dot/product is, the more Japan has comparative advantage over Sri Lanka.

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

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