Peru (PER) and Sri Lanka (LKA) Trade | The Observatory of Economic Complexity

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Peru-Sri Lanka Trade: In 2022, Peru exported $2M to Sri Lanka. The main products that Peru exported to Sri Lanka were Raw Zinc ($1.89M), Crustaceans ($80.1k), and Special Pharmaceuticals ($12k). Over the past 5 years the exports of Peru to Sri Lanka have increased at an annualized rate of 39.4%, from $381k in 2017 to $2M in 2022.

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

Sri Lanka-Peru Trade: In 2022, Sri Lanka exported $50.4M to Peru. The main products that Sri Lanka exported to Peru were Cinnamon ($25.6M), Coconut and Other Vegetable Fibers ($7.69M), and Other Vegetable Products ($7M). Over the past 5 years the exports of Sri Lanka to Peru have increased at an annualized rate of 5%, from $26.7M in 2017 to $50.4M in 2022.

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

Comparison: In 2022, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B). 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, Peru exported $2M to Sri Lanka. The main products exported from Peru to Sri Lanka were Raw Zinc ($1.89M), Crustaceans ($80.1k), and Special Pharmaceuticals ($12k). During the last 5 years the exports of Peru to Sri Lanka have increased at an annualized rate of 39.4%, from $381k in 2017 to $2M in 2022.

In 2017, Sri Lanka exported $50.4M to Peru. The main products exported from Sri Lanka to Peru were Cinnamon ($25.6M), Coconut and Other Vegetable Fibers ($7.69M), and Other Vegetable Products ($7M). During the last 5 years the exports of Sri Lanka to Peru have increased at an annualized rate of 5%, from $26.7M in 2022 to $50.4M in 2017.

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

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

Latest Data

Trade between Peru () and Sri Lanka ()

Peru Exports

Date

Sri Lanka Exports

Date

Feb 2012

Jan 2012

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Peru
Top DestinationChina$17.6B

Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Peru than Sri Lanka included China ($17.6B), United States ($8.69B), and Japan ($2.83B).

In 2022, countries that imported more from Sri Lanka than Peru included Bangladesh ($225M), Australia ($289M), and Iraq ($164M).

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

Comparative Advantage Peru - Sri Lanka

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Peru had a large net trade with Sri Lanka in the exports of Metals ($1.89M), Animal Products ($80.1k), and Chemical Products ($17.3k).

During 2017, Sri Lanka had a large net trade with Peru in the exports of Vegetable Products ($33.7M), Textiles ($13.7M), and Plastics and Rubbers ($2.62M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Peru Sri Lanka+$46.8kRaw Zinc

Top Product Potential Sri Lanka Peru+$1.25MRubber Tires

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

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Peru () and Sri Lanka ()

Peru Exports

Sri Lanka Exports

Market Competitiveness

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

Comparative Advantage Peru - Sri Lanka

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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