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2022
Flag → Flag
Exports $255MRnk 54 / 214
2022
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Top Product $233MCoal Briquettes
2022
Flag → Flag
Exports $41MRnk 51 / 194
2022
Flag → Flag
Top Product $7.09MRefined Petroleum
2022
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Economic Complexity (ECI) ECI 0.076Rnk 59 / 133
2022
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Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
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GDP$406BCURRENT US$
Rnk 37 / 186
2012-2022
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GDP GROWTH-6.57%CURRENT US$
Rnk 171 / 186
2022
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 GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
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GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
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GDP PC $6,776CURRENT US$
Rnk 95 / 186
2012-2022
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GDP PC GROWTH-17.1%CURRENT US$
Rnk 167 / 186
2022
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GDP PC$3,354CURRENT US$
Rnk 130 / 186
2012-2022
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GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186

About

South Africa-Sri Lanka Trade: In 2022, South Africa exported $255M to Sri Lanka. The main products that South Africa exported to Sri Lanka were Coal Briquettes ($233M), Semi-Finished Iron ($5.44M), and Diamonds ($2.23M). Over the past 5 years the exports of South Africa to Sri Lanka have increased at an annualized rate of 2.14%, from $229M in 2017 to $255M in 2022.

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

Sri Lanka-South Africa Trade: In 2022, Sri Lanka exported $41M to South Africa. The main products that Sri Lanka exported to South Africa were Refined Petroleum ($7.09M), Tea ($5.87M), and Activated Carbon ($4.17M). Over the past 5 years the exports of Sri Lanka to South Africa have decreased at an annualized rate of 0.17%,  from $42.2M in 2017 to $41M in 2022.

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

Comparison: In 2022,  South Africa ranked 59 in the Economic Complexity Index (ECI 0.076), and 34 in total exports ($147B). That same year, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Latest Trends

July, 2024

About

Overview In July 2024, South Africa exported ZAR28.4M and imported ZAR60.8M from Sri Lanka, resulting in a negative trade balance of ZAR32.4M. Between July 2023 and July 2024 the exports of South Africa have increased by ZAR10.7M (60.6%) from ZAR17.7M to ZAR28.4M, while imports increased by ZAR11.8M (24%) from ZAR49M to ZAR60.8M.

Trade In July 2024, the top exports of South Africa to Sri Lanka were Coal Briquettes (ZAR664M), Sowing Seeds (ZAR3.69M), Wine (ZAR1.72M), Non-Iron and Steel Slag, Ash and... (ZAR1.32M), and Titanium (ZAR1.32M). In July 2024 the top imports of South Africa from Sri Lanka were Activated Carbon (ZAR5.74M), Tea (ZAR5.13M), Rubber (ZAR3.58M), Knit Gloves (ZAR3.49M), and Used Rubber Tires (ZAR2.92M).

Origins In July 2024 the exports of South Africa were mainly from Durban (ZAR15.4M), Cape Town (ZAR9.81M), O.R. Tambo Int Airport (ZAR1.03M), Cape Town Int Airport (ZAR900k), and Germiston/Alberton (ZAR867k), while imports destinations were mainly Durban (ZAR38.9M), Cape Town (ZAR9.26M), Johannesburg (ZAR6.16M), O.R. Tambo Int Airport (ZAR3.12M), and Port Elizabeth (ZAR2.18M).

Growth In July 2024, the increase in South Africa's year-by-year exports to Sri Lanka was explained primarily by an increase in product exports in Titanium (ZAR1.31M or 19.7k%), Wine (ZAR1.21M or 235%), and Other Aluminium Products (ZAR86.3k or 339%). In July 2024, the increase in South Africa's year-by-year imports  from Sri Lanka was explained primarily by an increase in product imports  in Rubber Apparel (ZAR2.17M or 301%), Activated Carbon (ZAR1.92M or 50.4%), and Knit Women's Undergarments (ZAR1.48M or 1.11k%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (July 2023 - July 2024)ZAR10.7M(60.6%)
IMPORT GROWTH (July 2023 - July 2024)ZAR11.8M(24%)
MAIN EXPORTER (July 2024)DurbanZAR15.4M

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

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

For full datasets download visit Bulk Download page.

Explore Sri Lanka and South Africa Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, South Africa exported $255M to Sri Lanka. The main products exported from South Africa to Sri Lanka were Coal Briquettes ($233M), Semi-Finished Iron ($5.44M), and Diamonds ($2.23M). During the last 5 years the exports of South Africa to Sri Lanka have increased at an annualized rate of 2.14%, from $229M in 2017 to $255M in 2022.

In 2017, Sri Lanka exported $41M to South Africa. The main products exported from Sri Lanka to South Africa were Refined Petroleum ($7.09M), Tea ($5.87M), and Activated Carbon ($4.17M). During the last 5 years the exports of Sri Lanka to South Africa have decreased at an annualized rate of 0.17%, from $42.2M in 2022 to $41M in 2017.

Exports from South Africa (Flag) to Sri Lanka (Flag) (2022)

Exports from Sri Lanka (Flag) to South Africa (Flag) (2022)

Market Competitiveness

Color
South Africa
Top DestinationChina$23.4B
Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from South Africa than Sri Lanka included China ($23.4B), Germany ($9.96B), and Japan ($8.85B).

In 2022, countries that imported more from Sri Lanka than South Africa included Iraq ($164M), Maldives ($128M), and Azerbaijan ($76M).

Difference in imports from Sri Lanka (Flag) and South Africa (Flag) (2022)

Comparative Advantage South Africa - Sri Lanka

Flow
Scale

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

During 2022, South Africa had a large net trade with Sri Lanka in the exports of Mineral Products ($234M), Metals ($7.32M), and Vegetable Products ($4.6M).

During 2017, Sri Lanka had a large net trade with South Africa in the exports of Plastics and Rubbers ($8.24M), Textiles ($8.09M), and Vegetable Products ($7.78M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential South Africa Sri Lanka+$1.58MRefined Petroleum
Top Product Potential Sri Lanka South Africa+$1.51MExcavation Machinery

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

Product Space of South Africa (Flag) and Sri Lanka (Flag) (2022)

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