Sri Lanka (LKA) and Romania (ROU) Trade | The Observatory of Economic Complexity

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Sri Lanka-Romania Trade: In 2022, Sri Lanka exported $14.6M to Romania. The main products that Sri Lanka exported to Romania were Low-voltage Protection Equipment ($3.37M), Insulated Wire ($3.13M), and Used Rubber Tires ($2.27M). Over the past 5 years the exports of Sri Lanka to Romania have decreased at an annualized rate of 2.26%, from $16.4M in 2017 to $14.6M in 2022.

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

Romania-Sri Lanka Trade: In 2022, Romania exported $37.4M to Sri Lanka. The main products that Romania exported to Sri Lanka were Wheat ($33.5M), Combed Wool or Animal Hair Fabric ($924k), and Broadcasting Equipment ($448k). Over the past 5 years the exports of Romania to Sri Lanka have increased at an annualized rate of 38.1%, from $7.44M in 2017 to $37.4M in 2022.

In 2022, Romania 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, Romania ranked 26 in the Economic Complexity Index (ECI 1.03), and 43 in total exports ($99.5B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Sri Lanka exported $14.6M to Romania. The main products exported from Sri Lanka to Romania were Low-voltage Protection Equipment ($3.37M), Insulated Wire ($3.13M), and Used Rubber Tires ($2.27M). During the last 5 years the exports of Sri Lanka to Romania have decreased at an annualized rate of 2.26%, from $16.4M in 2017 to $14.6M in 2022.

In 2017, Romania exported $37.4M to Sri Lanka. The main products exported from Romania to Sri Lanka were Wheat ($33.5M), Combed Wool or Animal Hair Fabric ($924k), and Broadcasting Equipment ($448k). During the last 5 years the exports of Romania to Sri Lanka have increased at an annualized rate of 38.1%, from $7.44M in 2022 to $37.4M in 2017.

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

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

Latest Data

Trade between Sri Lanka () and Romania ()

Sri Lanka Exports

Date

Feb 2012

Jan 2012

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Romania Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sri Lanka
Top DestinationUnited States$3.52B

Romania
Top DestinationGermany$18.8B

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

In 2022, countries that imported more from Sri Lanka than Romania included India ($1.12B), United States ($3.52B), and Bangladesh ($225M).

In 2022, countries that imported more from Romania than Sri Lanka included Germany ($18.8B), Italy ($9.55B), and Hungary ($6.75B).

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

Comparative Advantage Sri Lanka - Romania

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Sri Lanka had a large net trade with Romania in the exports of Machines ($8.13M), Plastics and Rubbers ($3.23M), and Textiles ($1.35M).

During 2017, Romania had a large net trade with Sri Lanka in the exports of Vegetable Products ($33.7M), Textiles ($1.41M), and Machines ($1M).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

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

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Sri Lanka () and Romania ()

Sri Lanka Exports

Romania Exports

Market Competitiveness

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

Comparative Advantage Sri Lanka - Romania

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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