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2022
Flag → Flag
Exports $67kRnk 83 / 142
2022
Flag → Flag
Top Product $34.5kOther Mineral
2022
Flag → Flag
Exports $1.46MRnk 131 / 194
2022
Flag → Flag
Top Product $661kPaper Containers
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag  
GDP$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH73.9%CURRENT US$
Rnk 27 / 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 $966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186
2022
Flag
GDP PC$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

Rwanda-Sri Lanka Trade: In 2022, Rwanda exported $67k to Sri Lanka. The main products that Rwanda exported to Sri Lanka were Other Mineral ($34.5k), Tea ($27.9k), and Precious Stones ($4.55k). Over the past 5 years the exports of Rwanda to Sri Lanka have decreased at an annualized rate of 1.97%, from $74k in 2017 to $67k in 2022.

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

Sri Lanka-Rwanda Trade: In 2022, Sri Lanka exported $1.46M to Rwanda. The main products that Sri Lanka exported to Rwanda were Paper Containers ($661k), Beer ($298k), and Paper Labels ($96.3k). Over the past 5 years the exports of Sri Lanka to Rwanda have decreased at an annualized rate of 11.6%,  from $4.42M in 2017 to $1.46M in 2022.

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

Comparison: In 2022,  Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B). 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, Rwanda exported $67k to Sri Lanka. The main products exported from Rwanda to Sri Lanka were Other Mineral ($34.5k), Tea ($27.9k), and Precious Stones ($4.55k). During the last 5 years the exports of Rwanda to Sri Lanka have decreased at an annualized rate of 1.97%, from $74k in 2017 to $67k in 2022.

In 2017, Sri Lanka exported $1.46M to Rwanda. The main products exported from Sri Lanka to Rwanda were Paper Containers ($661k), Beer ($298k), and Paper Labels ($96.3k). During the last 5 years the exports of Sri Lanka to Rwanda have decreased at an annualized rate of 11.6%, from $4.42M in 2022 to $1.46M in 2017.

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

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

Latest Data

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

Rwanda Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Rwanda
Top DestinationUnited Arab Emirates$568M
Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Rwanda than Sri Lanka included Democratic Republic of the Congo ($450M), United Arab Emirates ($568M), and Ethiopia ($55.2M).

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

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

Comparative Advantage Rwanda - Sri Lanka

Flow
Scale

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

During 2022, Rwanda had a large net trade with Sri Lanka in the exports of Mineral Products ($34.5k), Vegetable Products ($27.9k), and Precious Metals ($4.55k).

During 2017, Sri Lanka had a large net trade with Rwanda in the exports of Paper Goods ($757k), Foodstuffs ($363k), and Plastics and Rubbers ($140k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Rwanda Sri Lanka+$3.31kGold
Top Product Potential Sri Lanka Rwanda+$1.59kKnit 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 Rwanda and Sri Lanka. This means that a dot/product with the flag of Rwanda 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 Rwanda.

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

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