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Pricing

2022
Flag → Flag
Exports $50.4MRnk 47 / 194
2022
Flag → Flag
Top Product $25.6MCinnamon
2022
Flag → Flag
Exports $8.97MRnk 103 / 180
2022
Flag → Flag
Top Product $1.89MRaw Zinc
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI -0.6Rnk 93 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$243BCURRENT US$
Rnk 51 / 186
2012-2022
Flag
GDP GROWTH25.9%CURRENT US$
Rnk 106 / 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$7,126CURRENT US$
Rnk 89 / 186
2012-2022
Flag
GDP PC GROWTH10%CURRENT US$
Rnk 116 / 186

About

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 13.5%, from $26.7M in 2017 to $50.4M in 2022.

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

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.

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, Peru ranked 93 in the Economic Complexity Index (ECI -0.6), and 54 in total exports ($59.4B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 12.6%, from $144M in 2017 to $50.4M in 2022.

In 2017, 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 23.8%, from $34.9M in 2022 to $2M in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Peru Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Peru
Top DestinationChina$17.6B

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

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

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

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

Comparative Advantage Sri Lanka - Peru

Flow
Scale

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

During 2022, 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).

During 2017, 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).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Peru+$1.25MRubber Tires
Top Product Potential Peru Sri Lanka+$46.8kRaw Zinc

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

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

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