Niger (NER) and Sri Lanka (LKA) Trade | The Observatory of Economic Complexity

About

Niger-Sri Lanka Trade: In 2022, Niger exported $6.16k to Sri Lanka. The main products that Niger exported to Sri Lanka were Lubricating Products ($3.4k), Aqueous Paints ($1.26k), and Excavation Machinery ($564). Over the past 6 years the exports of Niger to Sri Lanka have decreased at an annualized rate of 33.8%, from $73.3k in 2016 to $6.16k in 2022.

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

Sri Lanka-Niger Trade: In 2022, Sri Lanka exported $509k to Niger. The main products that Sri Lanka exported to Niger were Perfume Plants ($289k), Tea ($178k), and Used Rubber Tires ($41.7k). Over the past 6 years the exports of Sri Lanka to Niger have increased at an annualized rate of 2.35%, from $376k in 2016 to $509k in 2022.

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

Comparison: In 2022, Niger ranked 97 in the Economic Complexity Index (ECI -0.71), and 136 in total exports ($3.24B). 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 2022, Niger exported $6.16k to Sri Lanka. The main products exported from Niger to Sri Lanka were Lubricating Products ($3.4k), Aqueous Paints ($1.26k), and Excavation Machinery ($564). During the last 6 years the exports of Niger to Sri Lanka have decreased at an annualized rate of 33.8%, from $73.3k in 2016 to $6.16k in 2022.

In 2017, Sri Lanka exported $509k to Niger. The main products exported from Sri Lanka to Niger were Perfume Plants ($289k), Tea ($178k), and Used Rubber Tires ($41.7k). During the last 5 years the exports of Sri Lanka to Niger have increased at an annualized rate of 2.35%, from $376k in 2022 to $509k in 2017.

Exports from Niger () to Sri Lanka () (2022)

Exports from Sri Lanka () to Niger () (2022)

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Niger
Top DestinationUnited Arab Emirates$2.23B

Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Niger than Sri Lanka included United Arab Emirates ($2.23B), Nigeria ($91.6M), and Mali ($79.3M).

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

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

Comparative Advantage Niger - Sri Lanka

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Niger had a large net trade with Sri Lanka in the exports of Chemical Products ($4.66k), Machines ($910), and Metals ($499).

During 2017, Sri Lanka had a large net trade with Niger in the exports of Vegetable Products ($467k) and Plastics and Rubbers ($42.2k).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Niger Sri Lanka+$4.32kGold

Top Product Potential Sri Lanka Niger+$2.31kOther Plastic Products

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

Year

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

About

Historical Data

Bilateral Trade by Products

Exports from Niger () to Sri Lanka () (2022)

Exports from Sri Lanka () to Niger () (2022)

Market Competitiveness

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

Comparative Advantage Niger - Sri Lanka

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Niger () and Sri Lanka () (2022)

Keep Exploring