Eritrea (ERI) and Sri Lanka (LKA) Trade | The Observatory of Economic Complexity

About

Eritrea-Sri Lanka Trade: In 2019, Eritrea exported $20k to Sri Lanka. The main products that Eritrea exported to Sri Lanka were N/A. Over the past 6 years the exports of Eritrea to Sri Lanka have increased at an annualized rate of 14.6%, from $8.84k in 2013 to $20k in 2019.

In 2019, Eritrea did not export any services to Sri Lanka.

Sri Lanka-Eritrea Trade: In 2019, Sri Lanka exported $121k to Eritrea. The main products that Sri Lanka exported to Eritrea were N/A. Over the past 6 years the exports of Sri Lanka to Eritrea have increased at an annualized rate of 52.2%, from $9.75k in 2013 to $121k in 2019.

In 2019, Sri Lanka did not export any services to Eritrea.

Comparison In 2022, Eritrea ranked 163 in total exports ($789M), and does not have data regarding Economic Complexity Index. 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2019, Eritrea exported $20k to Sri Lanka. There were not main exports from Eritrea to Sri Lanka in 2019. During the last 6 years the exports of Eritrea to Sri Lanka have increased at an annualized rate of 14.6%, from $8.84k in 2013 to $20k in 2019.

In 2012, Sri Lanka exported $121k to Eritrea. There were not main exports from Sri Lanka to Eritrea in 2012. During the last 8 years the exports of Sri Lanka to Eritrea have increased at an annualized rate of 52.2%, from $9.75k in 2004 to $121k in 2012.

Exports from Eritrea () to Sri Lanka () (2019)

Exports from Sri Lanka () to Eritrea () (2019)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Eritrea
Top DestinationChina$412M

Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Eritrea than Sri Lanka included China ($412M) and Madagascar ($14.9M).

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

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

Comparative Advantage Eritrea - Sri Lanka

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2019, Eritrea had a large net trade with Sri Lanka in the exports of .

During 2012, Sri Lanka had a large net trade with Eritrea in the exports of .

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Eritrea and Sri Lanka. This means that a dot/product with the flag of Eritrea 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 Eritrea.

About

Historical Data

Bilateral Trade by Products

Exports from Eritrea () to Sri Lanka () (2019)

Exports from Sri Lanka () to Eritrea () (2019)

Market Competitiveness

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

Comparative Advantage Eritrea - Sri Lanka

Economic Complexity

Competitive Landscape

Product Space of Eritrea () and Sri Lanka () (2019)

Keep Exploring