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2022
Flag → Flag
Exports $348kRnk 161 / 194
2022
Flag → Flag
Top Product $106kRubber
2022
Flag → Flag
Exports $27.4kRnk 108 / 139
2022
Flag → Flag
Top Product $8.35kOther Plastic Products
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.74Rnk 99 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$20.7BCURRENT US$
Rnk 114 / 186
2012-2022
Flag
GDP GROWTH20.8%CURRENT US$
Rnk 121 / 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$1,267CURRENT US$
Rnk 162 / 186
2012-2022
Flag
GDP PC GROWTH-1.8%CURRENT US$
Rnk 147 / 186

About

Sri Lanka-Zimbabwe Trade: In 2022, Sri Lanka exported $348k to Zimbabwe. The main products that Sri Lanka exported to Zimbabwe were Rubber ($106k), Microphones and Headphones ($49.4k), and Used Rubber Tires ($48.1k). Over the past 5 years the exports of Sri Lanka to Zimbabwe have increased at an annualized rate of 5.46%, from $267k in 2017 to $348k in 2022.

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

Zimbabwe-Sri Lanka Trade: In 2022, Zimbabwe exported $27.4k to Sri Lanka. The main products that Zimbabwe exported to Sri Lanka were Other Plastic Products ($8.35k), Non-Knit Men's Suits ($7.6k), and Eyewear ($4.61k). Over the past 5 years the exports of Zimbabwe to Sri Lanka have decreased at an annualized rate of 51%,  from $972k in 2017 to $27.4k in 2022.

In 2022, Zimbabwe 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, Zimbabwe ranked 99 in the Economic Complexity Index (ECI -0.74), and 109 in total exports ($8.41B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $348k to Zimbabwe. The main products exported from Sri Lanka to Zimbabwe were Rubber ($106k), Microphones and Headphones ($49.4k), and Used Rubber Tires ($48.1k). During the last 5 years the exports of Sri Lanka to Zimbabwe have increased at an annualized rate of 5.46%, from $267k in 2017 to $348k in 2022.

In 2017, Zimbabwe exported $27.4k to Sri Lanka. The main products exported from Zimbabwe to Sri Lanka were Other Plastic Products ($8.35k), Non-Knit Men's Suits ($7.6k), and Eyewear ($4.61k). During the last 5 years the exports of Zimbabwe to Sri Lanka have decreased at an annualized rate of 51%, from $972k in 2022 to $27.4k in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Zimbabwe Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Zimbabwe
Top DestinationUnited Arab Emirates$4.78B

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

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

In 2022, countries that imported more from Zimbabwe than Sri Lanka included United Arab Emirates ($4.78B), South Africa ($1.47B), and China ($625M).

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

Comparative Advantage Sri Lanka - Zimbabwe

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Zimbabwe in the exports of Plastics and Rubbers ($199k), Machines ($64.1k), and Paper Goods ($34.8k).

During 2017, Zimbabwe had a large net trade with Sri Lanka in the exports of Plastics and Rubbers ($8.35k), Textiles ($7.6k), and Instruments ($4.61k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Zimbabwe+$2.09kDiamonds
Top Product Potential Zimbabwe Sri Lanka+$4.25kGold

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

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

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