Sri Lanka (LKA) and North Korea (PRK) Trade | The Observatory of Economic Complexity

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Sri Lanka-North Korea Trade: In 2020, Sri Lanka exported $56.5k to North Korea. The main products that Sri Lanka exported to North Korea were N/A. Over the past 6 years the exports of Sri Lanka to North Korea have decreased at an annualized rate of 36.3%, from $848k in 2014 to $56.5k in 2020.

In 2020, Sri Lanka did not export any services to North Korea.

North Korea-Sri Lanka Trade: In 2020, North Korea exported $919 to Sri Lanka. The main products that North Korea exported to Sri Lanka were N/A. Over the past 6 years the exports of North Korea to Sri Lanka have decreased at an annualized rate of 84.3%, from $9.52M in 2014 to $919 in 2020.

In 2020, North Korea 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, North Korea ranked 182 in total exports ($248M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2020, Sri Lanka exported $56.5k to North Korea. There were not main exports from Sri Lanka to North Korea in 2020. During the last 6 years the exports of Sri Lanka to North Korea have decreased at an annualized rate of 36.3%, from $848k in 2014 to $56.5k in 2020.

In 2016, North Korea exported $919 to Sri Lanka. There were not main exports from North Korea to Sri Lanka in 2016. During the last 5 years the exports of North Korea to Sri Lanka have decreased at an annualized rate of 84.3%, from $9.52M in 2021 to $919 in 2016.

Exports from Sri Lanka () to North Korea () (2021)

Exports from North Korea () to Sri Lanka () (2021)

Latest Data

Trade between Sri Lanka () and North Korea ()

Sri Lanka Exports

Date

Feb 2012

Jan 2012

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sri Lanka
Top DestinationUnited States$3.52B

North Korea
Top DestinationChina$131M

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

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

In 2022, countries that imported more from North Korea than Sri Lanka included Senegal ($26.9M), Nigeria ($14M), and Mozambique ($5.73M).

Difference in imports from North Korea () and Sri Lanka () (2022)

Comparative Advantage Sri Lanka - North Korea

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2020, Sri Lanka had a large net trade with North Korea in the exports of .

During 2016, North Korea had a large net trade with Sri Lanka in the exports of .

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Sri Lanka and North Korea. This means that a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over North Korea. Similarly, a dot/product with the flag of North Korea indicates it has a comparative advantage over Sri Lanka.

About

Historical Data

Bilateral Trade by Products

Exports from Sri Lanka () to North Korea () (2021)

Exports from North Korea () to Sri Lanka () (2021)

Latest Data

Trade between Sri Lanka () and North Korea ()

Sri Lanka Exports

Market Competitiveness

Difference in imports from North Korea () and Sri Lanka () (2022)

Comparative Advantage Sri Lanka - North Korea

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Sri Lanka () and North Korea () (2021)

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