2022
Flag  
GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP
$14.6BCURRENT US$
Rnk 132 / 186
2012-2022
Flag
GDP GROWTH
-17.4%CURRENT US$
Rnk 178 / 186
2022
Flag
GDP PC 
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC
$2,448CURRENT US$
Rnk 138 / 186
2012-2022
Flag
GDP PC GROWTH
-34.8%CURRENT US$
Rnk 180 / 186

About

Sri Lanka-Republic of the Congo Trade: In 2022, Sri Lanka exported $5.87M to Republic of the Congo. The main products that Sri Lanka exported to Republic of the Congo were Tea ($3.02M), Documents of title (bonds etc) and unused stamps ($2.32M), and Used Rubber Tires ($263k). Over the past 5 years the exports of Sri Lanka to Republic of the Congo have increased at an annualized rate of 27.4%, from $1.75M in 2017 to $5.87M in 2022.

In 2022, Sri Lanka did not export any services to Republic of the Congo.

Republic of the Congo-Sri Lanka Trade: In 2022, Republic of the Congo exported $14k to Sri Lanka. The main products that Republic of the Congo exported to Sri Lanka were Coffee ($14k) and Party Decorations ($13). Over the past 5 years the exports of Republic of the Congo to Sri Lanka have decreased at an annualized rate of 16.3%,  from $34.2k in 2017 to $14k in 2022.

In 2022, Republic of the Congo 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, Republic of the Congo ranked 124 in the Economic Complexity Index (ECI -1.42), and 96 in total exports ($12.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $5.87M to Republic of the Congo. The main products exported from Sri Lanka to Republic of the Congo were Tea ($3.02M), Documents of title (bonds etc) and unused stamps ($2.32M), and Used Rubber Tires ($263k). During the last 5 years the exports of Sri Lanka to Republic of the Congo have increased at an annualized rate of 27.4%, from $1.75M in 2017 to $5.87M in 2022.

In 2017, Republic of the Congo exported $14k to Sri Lanka. The main products exported from Republic of the Congo to Sri Lanka were Coffee ($14k) and Party Decorations ($13). During the last 5 years the exports of Republic of the Congo to Sri Lanka have decreased at an annualized rate of 16.3%, from $34.2k in 2022 to $14k in 2017.

Exports from Sri Lanka (Flag) to Republic of the Congo (Flag) (2022)

Exports from Republic of the Congo (Flag) to Sri Lanka (Flag) (2022)

Latest Data

Trade between Sri Lanka (Flag) and Republic of the Congo (Flag)

Sri Lanka Exports

Date

Market Competitiveness

Color
Sri Lanka
Top Destination
United States$3.52B
Republic of the Congo
Top Destination
China$4.82B

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

In 2022, countries that imported more from Sri Lanka than Republic of the Congo included United States ($3.52B), United Kingdom ($1.04B), and Germany ($881M).

In 2022, countries that imported more from Republic of the Congo than Sri Lanka included China ($4.82B), United Arab Emirates ($1.87B), and India ($2.44B).

Difference in imports from Republic of the Congo (Flag) and Sri Lanka (Flag) (2022)

Comparative Advantage Sri Lanka - Republic of the Congo

Flow
Scale

This chart compares trade between Sri Lanka and Republic of the Congo by product, considering products traded by both, Sri Lanka and Republic of the Congo.

During 2022, Sri Lanka had a large net trade with Republic of the Congo in the exports of Vegetable Products ($3.07M), Paper Goods ($2.32M), and Plastics and Rubbers ($263k).

During 2017, Republic of the Congo had a large net trade with Sri Lanka in the exports of Vegetable Products ($14k) and Miscellaneous ($13).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Republic of the Congo+$1.85kKnit Women's Suits
Top Product Potential Republic of the Congo Sri Lanka+N/AN/A

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

Product Space of Sri Lanka (Flag) and Republic of the Congo (Flag) (2022)

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