NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $43.7MRnk 45 / 200
2023
Flag → Flag
Top Product $10.8MRefined Petroleum
2023
Flag → Flag
Exports $159MRnk 60 / 211
2023
Flag → Flag
Top Product $83.8MCoal Briquettes
2023
Flag
Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.07Rnk 59 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
 GDP$381BCURRENT US$
Rnk 40 / 195
2013-2023
Flag
GDP GROWTH-5.04%CURRENT US$
Rnk 177 / 195
2023
Flag
GDP PC $3,828CURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP PC GROWTH2.34%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC$6,023CURRENT US$
Rnk 113 / 196
2013-2023
Flag
GDP PC GROWTH-17.9%CURRENT US$
Rnk 178 / 195

About

Sri Lanka-South Africa Trade: In 2023, Sri Lanka exported $43.7M to South Africa. The main products that Sri Lanka exported to South Africa were Refined Petroleum ($10.8M), Tea ($5.98M), and Activated Carbon ($3.84M). Over the past 5 years the exports of Sri Lanka to South Africa have increased at an annualized rate of 6.24%, from $32.3M in 2018 to $43.7M in 2023.

In 2023, Sri Lanka did not export any services to South Africa.

South Africa-Sri Lanka Trade: In 2023, South Africa exported $159M to Sri Lanka. The main products that South Africa exported to Sri Lanka were Coal Briquettes ($83.8M), Diamonds ($35.8M), and Semi-Finished Iron ($25.4M). Over the past 5 years the exports of South Africa to Sri Lanka have decreased at an annualized rate of 3.73%,  from $192M in 2018 to $159M in 2023.

In 2023, South Africa did not export any services to Sri Lanka.

Comparison: In 2023,  Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B). That same year, South Africa ranked 59 in the Economic Complexity Index (ECI 0.07), and 34 in total exports ($154B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sri Lanka exported $43.7M to South Africa. The main products exported from Sri Lanka to South Africa were Refined Petroleum ($10.8M), Tea ($5.98M), and Activated Carbon ($3.84M). During the last 5 years the exports of Sri Lanka to South Africa have increased at an annualized rate of 6.24%, from $32.3M in 2018 to $43.7M in 2023.

In 2018, South Africa exported $159M to Sri Lanka. The main products exported from South Africa to Sri Lanka were Coal Briquettes ($83.8M), Diamonds ($35.8M), and Semi-Finished Iron ($25.4M). During the last 5 years the exports of South Africa to Sri Lanka have decreased at an annualized rate of 3.73%, from $192M in 2023 to $159M in 2018.

Exports from Sri Lanka (Flag) to South Africa (Flag) (2023)

Exports from South Africa (Flag) to Sri Lanka (Flag) (2023)

Latest Data

Trade between Sri Lanka (Flag) and South Africa (Flag)

Sri Lanka Exports

Date

South Africa Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$2.98B
South Africa
Top DestinationChina$29.5B

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

In 2023, countries that imported more from Sri Lanka than South Africa included Maldives ($168M), Iraq ($131M), and Azerbaijan ($60.8M).

In 2023, countries that imported more from South Africa than Sri Lanka included China ($29.5B), United States ($13B), and Germany ($10.8B).

Difference in imports from South Africa (Flag) and Sri Lanka (Flag) (2023)

Comparative Advantage Sri Lanka - South Africa

Flow
Scale

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

During 2023, Sri Lanka had a large net trade with South Africa in the exports of Mineral Products ($10.8M), Textiles ($10.3M), and Plastics and Rubbers ($7.51M).

During 2018, South Africa had a large net trade with Sri Lanka in the exports of Mineral Products ($85.2M), Precious Metals ($35.8M), and Metals ($27.9M).

Potential Exports

Potential Exports

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

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Sri Lanka and South Africa. This means that a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over South Africa. Similarly, a dot/product with the flag of South Africa indicates it has a comparative advantage over Sri Lanka.

Product Space of Sri Lanka (Flag) and South Africa (Flag) (2023)

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms