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Pricing

2022
Flag → Flag
Exports $245MRnk 85 / 211
2022
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Top Product $29.3MSynthetic Rubber
2022
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Exports $268MRnk 13 / 194
2022
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Top Product $38.8MTea
2022
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Economic Complexity (ECI) ECI 1.99Rnk 1 / 124
2022
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Economic Complexity (ECI) ECI -0.42Rnk 80 / 124
2022
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GDP$4.23TCURRENT US$
Rnk 3 / 186
2012-2022
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GDP GROWTH-32.5%CURRENT US$
Rnk 182 / 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 $33,815CURRENT US$
Rnk 32 / 186
2012-2022
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GDP PC GROWTH-31.2%CURRENT US$
Rnk 178 / 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

Japan-Sri Lanka In 2022, Japan exported $245M to Sri Lanka. The main products that Japan exported to Sri Lanka are Synthetic Rubber ($29.3M), Large Construction Vehicles ($13.6M), and Synthetic Filament Yarn Woven Fabric ($10.7M). During the last 27 years the exports of Japan to Sri Lanka have decreased at an annualized rate of 2.03%, from $426M in 1995 to $245M in 2022.

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

Sri Lanka-Japan In 2022, Sri Lanka exported $268M to Japan. The main products that Sri Lanka exported to Japan were Tea ($38.8M), Bran ($22.1M), and Crustaceans ($19.5M). During the last 27 years the exports of Sri Lanka to Japan have increased at an annualized rate of 0.82%, from $215M in 1995 to $268M in 2022.

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

Comparison In 2022,  Japan ranked 1 in the Economic Complexity Index (ECI 1.99), and 4 in total exports ($728B). 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, 2024

About

Overview In January 2024, Japan exported ¥2.13B and imported ¥2.69B from Sri Lanka, resulting in a negative trade balance of ¥557M. Between January 2023 and January 2024 the exports of Japan have increased by ¥1.16B (120%) from ¥966M to ¥2.13B, while imports decreased by ¥-540M (-16.7%) from ¥3.23B to ¥2.69B.

Trade In January 2024, the top exports of Japan to Sri Lanka were Synthetic Rubber (¥135M), Commodities not elsewhere specified (¥79.9M), Motor vehicles; parts and accessories (8701... (¥46.6M), Other Plastic Products (¥42.4M), and Synthetic Filament Yarn Woven Fabric (¥35.1M). In January 2024 the top imports of Japan from Sri Lanka were Bran (¥497M), Tea (¥437M), Precious Stones (¥166M), Rubber Apparel (¥151M), and Other Vegetable Products (¥129M).

Origins In January 2024 the exports of Japan were mainly from Kanagawa (¥996M), Osaka (¥320M), Hyōgo (¥267M), Aichi (¥238M), and Chiba (¥147M), while imports destinations were mainly Tokyo (¥731M), Aichi (¥397M), Osaka (¥311M), Kanagawa (¥274M), and Chiba (¥261M).

Growth In January 2024, the increase in Japan's year-by-year exports to Sri Lanka was explained primarily by an increase in product exports in Other Plastic Products (¥26.1M or 160%), Non-Retail Synthetic Filament Yarn (¥15.7M or 1.17k%), and Prepared Pigments (¥14M or 595%). In January 2024, the decrease in Japan's year-by-year imports  from Sri Lanka was explained primarily by an decrease in product imports  in Crustaceans (¥-106M or -57.4%), Quartz (¥-70.6M or -51.2%), and Rubber Apparel (¥-68.7M or -31.3%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (January 2023 - January 2024)¥1.16B(120%)
IMPORT GROWTH (January 2023 - January 2024)¥-540M(-16.7%)
MAIN EXPORTER (January 2024)Kanagawa¥996M

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

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

For full datasets download visit Bulk Download page.

Explore Sri Lanka and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Japan exported $245M to Sri Lanka. The main products exported from Japan to Sri Lanka were Synthetic Rubber ($29.3M), Large Construction Vehicles ($13.6M), and Synthetic Filament Yarn Woven Fabric ($10.7M). During the last 27 years the exports of Japan to Sri Lanka have decreased at an annualized rate of 2.03%, from $426M in 1995 to $245M in 2022.

In 2022, Sri Lanka exported $268M to Japan. The main products exported from Sri Lanka to Japan were Tea ($38.8M), Bran ($22.1M), and Crustaceans ($19.5M). During the last 27 years the exports of Sri Lanka to Japan have increased at an annualized rate of 0.82%, from $215M in 1995 to $268M in 2022.

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

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

Market Competitiveness

Color
Japan
Top DestinationUnited States$137B
Sri Lanka
Top DestinationUnited States$3.52B

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

In 2021, countries that imported more from Japan than Sri Lanka were China ($135B), United States ($137B), and South Korea ($50.8B).

In 2021, countries that imported more from Sri Lanka than Japan were Maldives ($128M), Iran ($86.1M), and Syria ($36M).

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

Comparative Advantage Japan - Sri Lanka

Flow
Scale

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

During 2022, Japan had a large net trade with Sri Lanka in the exports of Machines ($68.5M), Plastics and Rubbers ($47.1M), and Textiles ($32M).

During 2022, Sri Lanka had a large net trade with Japan in the exports of Vegetable Products ($60.3M), Textiles ($56.4M), and Plastics and Rubbers ($30.9M).

Economic Complexity

Competitive Landscape

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

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

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