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2022
Flag → Flag
Exports $1.46MRnk 131 / 194
2022
Flag → Flag
Top Product $661kPaper Containers
2022
Flag → Flag
Exports $67kRnk 83 / 142
2022
Flag → Flag
Top Product $34.5kOther Mineral
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.53Rnk 89 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$13.3BCURRENT US$
Rnk 136 / 186
2012-2022
Flag
GDP GROWTH73.9%CURRENT US$
Rnk 27 / 186
2022
Flag
GDP PC $3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC$966CURRENT US$
Rnk 169 / 186
2012-2022
Flag
GDP PC GROWTH36.8%CURRENT US$
Rnk 55 / 186

About

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 19.8%, from $4.42M in 2017 to $1.46M in 2022.

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

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 1.41%,  from $74k in 2017 to $67k in 2022.

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

Comparison: In 2022,  Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B). That same year, Rwanda ranked 89 in the Economic Complexity Index (ECI -0.53), and 147 in total exports ($1.77B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 19.8%, from $4.42M in 2017 to $1.46M in 2022.

In 2017, 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 1.41%, from $74k in 2022 to $67k in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Rwanda Exports

Market Competitiveness

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

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

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

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).

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

Comparative Advantage Sri Lanka - Rwanda

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Rwanda in the exports of Paper Goods ($757k), Foodstuffs ($363k), and Plastics and Rubbers ($140k).

During 2017, 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).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Rwanda+$1.59kKnit Women's Suits
Top Product Potential Rwanda Sri Lanka+$3.31kGold

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 Sri Lanka and Rwanda. This means that a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Rwanda. Similarly, a dot/product with the flag of Rwanda indicates it has a comparative advantage over Sri Lanka.

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

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