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2022
Flag → Flag
Exports $168kRnk 99 / 125
2022
Flag → Flag
Top Product $107kNewsprint
2022
Flag → Flag
Exports $4.57MRnk 106 / 194
2022
Flag → Flag
Top Product $2.27MTea
2022
Flag
Economic Complexity (ECI) ECI 0.82Rnk 32 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag  
GDP$72.8BCURRENT US$
Rnk 78 / 186
2012-2022
Flag
GDP GROWTH10.8%CURRENT US$
Rnk 144 / 186
2022
Flag
 GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC $7,905CURRENT US$
Rnk 85 / 186
2012-2022
Flag
GDP PC GROWTH13.7%CURRENT US$
Rnk 101 / 186
2022
Flag
GDP PC$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Belarus-Sri Lanka Trade: In 2022, Belarus exported $168k to Sri Lanka. The main products that Belarus exported to Sri Lanka were Newsprint ($107k), Paper Labels ($22.3k), and Microscopes ($11.6k). Over the past 5 years the exports of Belarus to Sri Lanka have decreased at an annualized rate of 64.1%, from $28.2M in 2017 to $168k in 2022.

In 2014, Belarus exported services to Sri Lanka worth $4.05M, with Computer and information services ($2.01M), Insurance services ($2.01M), and Government services, n.i.e. ($17.8k) being the largest in terms of value.

Sri Lanka-Belarus Trade: In 2022, Sri Lanka exported $4.57M to Belarus. The main products that Sri Lanka exported to Belarus were Tea ($2.27M), Coconut and Other Vegetable Fibers ($1.8M), and Used Rubber Tires ($444k). Over the past 5 years the exports of Sri Lanka to Belarus have decreased at an annualized rate of 6.03%,  from $6.23M in 2017 to $4.57M in 2022.

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

Comparison: In 2022,  Belarus ranked 32 in the Economic Complexity Index (ECI 0.82), and 100 in total exports ($10.4B). That same year, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Belarus exported $168k to Sri Lanka. The main products exported from Belarus to Sri Lanka were Newsprint ($107k), Paper Labels ($22.3k), and Microscopes ($11.6k). During the last 5 years the exports of Belarus to Sri Lanka have decreased at an annualized rate of 64.1%, from $28.2M in 2017 to $168k in 2022.

In 2017, Sri Lanka exported $4.57M to Belarus. The main products exported from Sri Lanka to Belarus were Tea ($2.27M), Coconut and Other Vegetable Fibers ($1.8M), and Used Rubber Tires ($444k). During the last 5 years the exports of Sri Lanka to Belarus have decreased at an annualized rate of 6.03%, from $6.23M in 2022 to $4.57M in 2017.

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

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

Latest Data

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

Belarus Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Belarus
Top DestinationChina$1.6B
Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Belarus than Sri Lanka included China ($1.6B), Ukraine ($1.29B), and Kazakhstan ($827M).

In 2022, countries that imported more from Sri Lanka than Belarus included United States ($3.52B), United Kingdom ($1.04B), and India ($1.12B).

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

Comparative Advantage Belarus - Sri Lanka

Flow
Scale

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

During 2022, Belarus had a large net trade with Sri Lanka in the exports of Paper Goods ($137k), Instruments ($23.6k), and Plastics and Rubbers ($7.74k).

During 2017, Sri Lanka had a large net trade with Belarus in the exports of Vegetable Products ($2.31M), Textiles ($1.8M), and Plastics and Rubbers ($444k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Belarus Sri Lanka+$2.94kRefined Petroleum
Top Product Potential Sri Lanka Belarus+$2.25kRubber Tires

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

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

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