Russia (RUS) and Sri Lanka (LKA) Trade | The Observatory of Economic Complexity

- Company Explorer
  PREMIUM
- Trend Explorer
  PRO
- - Tree map
  - Stacked
  - Network
  - Map
  - Scatter
- Data Availability
- - API Documentation
    PRO
  - Notebooks
    NEW
  - Data Explorer
    PRO
- - Bill of Lading
    PREMIUM
  - National Datasets
    PREMIUM
  - Product Datasets
    NEW
  - International Datasets
- - Countries (ECI)
  - Products (PCI)
- ECI Legacy Rankings
- PCI Legacy Rankings

Pricing

Russia (RUS) and Sri Lanka (LKA) Trade

2022

→

Exports $323MRnk 72 / 138

2022

→

About

Russia-Sri Lanka In 2022, Russia exported $323M to Sri Lanka. The main products that Russia exported to Sri Lanka are Crude Petroleum ($236M), Coal Briquettes ($61.6M), and Carbon ($5.78M). During the last 26 years the exports of Russia to Sri Lanka have increased at an annualized rate of 19.6%, from $3.06M in 1996 to $323M in 2022.

In 2020, Russia exported services to Sri Lanka worth $1.72M, with Transportation ($1.1M), Other business services ($521k), and Communications services ($52k) being the largest in terms of value.

Sri Lanka-Russia In 2022, Sri Lanka exported $146M to Russia. The main products that Sri Lanka exported to Russia were Tea ($131M), Non-fillet Frozen Fish ($2.31M), and Coconut and Other Vegetable Fibers ($2.21M). During the last 26 years the exports of Sri Lanka to Russia have increased at an annualized rate of 3.31%, from $62.8M in 1996 to $146M in 2022.

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

Comparison In 2022, Russia ranked 45 in the Economic Complexity Index (ECI 0.42), and 12 in total exports ($486B). That same year, Sri Lanka ranked 80 in the Economic Complexity Index (ECI -0.42), and 89 in total exports ($14.8B).

Latest Trends

January, 2022

About

Overview In January 2022, Russia exported $10.2M and imported $26.1M from Sri Lanka, resulting in a negative trade balance of $15.9M. Between January 2021 and January 2022 the exports of Russia have increased by $5.28M (107%) from $4.95M to $10.2M, while imports increased by $8.4M (47.5%) from $17.7M to $26.1M.

Trade In January 2022, the top exports of Russia to Sri Lanka were Coal Briquettes ($1.89M), Carbon ($1M), Asbestos ($656k), Kraft Paper ($406k), and Shaped Wood ($221k). In January 2022 the top imports of Russia from Sri Lanka were Tea ($5.99M), Other Women's Undergarments ($2.55M), Knit Women's Undergarments ($2.01M), Knit T-shirts ($1.03M), and Knit Men's Undergarments ($955k).

Origins In January 2022 the exports of Russia were mainly from KEMEROVO REGION ($4.9M), SVERDLOVSK REGION ($1.36M), VOLGOGRAD REGION ($1.31M), ARKHANGELSK REGION ($562k), and VORONEZH REGION ($543k), while imports destinations were mainly MOSCOW, THE CAPITAL OF RUSSIAN FEDERATION ($17.2M), MOSCOW REGION ($2.7M), LENINGRAD REGION ($2.46M), KRASNODAR TERRITORY ($1.53M), and ST. PETERSBURG ($684k).

Growth In January 2022, the increase in Russia's year-by-year exports to Sri Lanka was explained primarily by an increase in product exports in Carbon ($928k or 1.23k%), Dried Legumes ($182k or 600%), and Shaped Wood ($163k or 280%). In January 2022, the increase in Russia's year-by-year imports from Sri Lanka was explained primarily by an increase in product imports in Knit Men's Undergarments ($514k or 117%), Rubber Apparel ($286k or 73.6%), and Non-Knit Active Wear ($223k or 863%).

Latest Trade

Flow

Exports

Imports

Time Scale

Year

Quarter

Month

Depth

HS2

HS4

HS6

Value

Trade Value

Growth

Growth (%)

EXPORT GROWTH (January 2021 - January 2022)$5.28M(107%)

IMPORT GROWTH (January 2021 - January 2022)$8.4M(47.5%)

MAIN EXPORTER (January 2022)KEMEROVO REGION$4.9M

This section shows exports and imports data at subnational level for Russia. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Russia over time.

To check Sri Lanka and Russia trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Sri Lanka and Russia Data

Go to Bulk Download

Subscribe today to OEC pro and access the latest data

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Russia exported $323M to Sri Lanka. The main products exported from Russia to Sri Lanka were Crude Petroleum ($236M), Coal Briquettes ($61.6M), and Carbon ($5.78M). During the last 26 years the exports of Russia to Sri Lanka have increased at an annualized rate of 19.6%, from $3.06M in 1996 to $323M in 2022.

In 2022, Sri Lanka exported $146M to Russia. The main products exported from Sri Lanka to Russia were Tea ($131M), Non-fillet Frozen Fish ($2.31M), and Coconut and Other Vegetable Fibers ($2.21M). During the last 26 years the exports of Sri Lanka to Russia have increased at an annualized rate of 3.31%, from $62.8M in 1996 to $146M in 2022.

Exports from Russia () to Sri Lanka () (2022)

Exports from Sri Lanka () to Russia () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Russia
Top DestinationChina$101B

Sri Lanka
Top DestinationUnited States$3.52B

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

In 2021, countries that imported more from Russia than Sri Lanka were China ($101B), India ($40.4B), and Germany ($27.7B).

In 2021, countries that imported more from Sri Lanka than Russia were Bangladesh ($225M), Iraq ($164M), and Maldives ($128M).

Difference in imports from Sri Lanka () and Russia () (2022)

Comparative Advantage Russia - Sri Lanka

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Russia had a large net trade with Sri Lanka in the exports of Mineral Products ($302M), Chemical Products ($7.52M), and Vegetable Products ($5.42M).

During 2022, Sri Lanka had a large net trade with Russia in the exports of Vegetable Products ($132M), Textiles ($5.36M), and Animal Products ($3.1M).

Service Trade

Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Sri Lanka worth $1.72M, with Transportation ($1.1M), Other business services ($521k), and Communications services ($52k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Sri Lanka () (2020)

Economic Complexity

Competitive Landscape

Year

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 Russia has comparative advantage over Sri Lanka. Similarly, the more yellow a dot/product is, the more Sri Lanka has comparative advantage over Russia.

Product Space of Russia () and Sri Lanka () (2022)

Keep Exploring

Russia
Lebanon
Russia
Macau
Romania
Sri Lanka
Norway
Sri Lanka

Have questions, comments, or concerns?
Send us an e-mail: [email protected]

Follow @OECtoday on

Created, Designed, and Developed by:

In collaboration with

About the OEC Privacy Policy Terms