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Pricing

2022
Flag → Flag
Exports $39.1kRnk 124 / 173
2022
Flag → Flag
Top Product $35.5kLight Rubberized Knitted Fabric
2022
Flag → Flag
Exports $524kRnk 155 / 194
2022
Flag → Flag
Top Product $241kOther Vegetable Products
2022
Flag
Economic Complexity (ECI) ECI -0.63Rnk 94 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag  
GDP$12.6BCURRENT US$
Rnk 141 / 186
2012-2022
Flag
GDP GROWTH-3.33%CURRENT US$
Rnk 168 / 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 $4,911CURRENT US$
Rnk 113 / 186
2012-2022
Flag
GDP PC GROWTH-18.4%CURRENT US$
Rnk 170 / 186
2022
Flag
GDP PC$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Namibia-Sri Lanka Trade: In 2022, Namibia exported $39.1k to Sri Lanka. The main products that Namibia exported to Sri Lanka were Light Rubberized Knitted Fabric ($35.5k), Valves ($1.46k), and Photographic Chemicals ($721). Over the past 6 years the exports of Namibia to Sri Lanka have decreased at an annualized rate of 28.5%, from $292k in 2016 to $39.1k in 2022.

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

Sri Lanka-Namibia Trade: In 2022, Sri Lanka exported $524k to Namibia. The main products that Sri Lanka exported to Namibia were Other Vegetable Products ($241k), Coconut and Other Vegetable Fibers ($154k), and Used Rubber Tires ($35.8k). Over the past 6 years the exports of Sri Lanka to Namibia have increased at an annualized rate of 42.8%,  from $88.2k in 2016 to $524k in 2022.

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

Comparison: In 2022,  Namibia ranked 94 in the Economic Complexity Index (ECI -0.63), and 121 in total exports ($6.18B). 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, Namibia exported $39.1k to Sri Lanka. The main products exported from Namibia to Sri Lanka were Light Rubberized Knitted Fabric ($35.5k), Valves ($1.46k), and Photographic Chemicals ($721). During the last 6 years the exports of Namibia to Sri Lanka have decreased at an annualized rate of 28.5%, from $292k in 2016 to $39.1k in 2022.

In 2017, Sri Lanka exported $524k to Namibia. The main products exported from Sri Lanka to Namibia were Other Vegetable Products ($241k), Coconut and Other Vegetable Fibers ($154k), and Used Rubber Tires ($35.8k). During the last 5 years the exports of Sri Lanka to Namibia have increased at an annualized rate of 42.8%, from $88.2k in 2022 to $524k in 2017.

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

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

Latest Data

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

Namibia Exports

Market Competitiveness

Color
Namibia
Top DestinationSouth Africa$1.75B
Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Namibia than Sri Lanka included South Africa ($1.75B), Botswana ($672M), and China ($628M).

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

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

Comparative Advantage Namibia - Sri Lanka

Flow
Scale

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

During 2022, Namibia had a large net trade with Sri Lanka in the exports of Textiles ($36k), Machines ($1.86k), and Chemical Products ($721).

During 2017, Sri Lanka had a large net trade with Namibia in the exports of Vegetable Products ($241k), Textiles ($189k), and Plastics and Rubbers ($38.2k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Namibia Sri Lanka+$3.86kRefined Petroleum
Top Product Potential Sri Lanka Namibia+$44.7kKnit Women's Suits

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 Namibia and Sri Lanka. This means that a dot/product with the flag of Namibia 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 Namibia.

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

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