Nauru (NRU) and Sri Lanka (LKA) Trade | The Observatory of Economic Complexity

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Nauru-Sri Lanka Trade: In 2022, Nauru exported $10.5k to Sri Lanka. The main products that Nauru exported to Sri Lanka were Knitting Machine Accessories ($3.83k), Office Machine Parts ($2.88k), and Iron Sewing Needles ($2.49k). Over the past 6 years the exports of Nauru to Sri Lanka have increased at an annualized rate of 32.6%, from $1.93k in 2016 to $10.5k in 2022.

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

Sri Lanka-Nauru Trade: In 2022, Sri Lanka exported $18.5k to Nauru. The main products that Sri Lanka exported to Nauru were N/A. Over the past 6 years the exports of Sri Lanka to Nauru have increased at an annualized rate of 52.3%, from $2.26k in 2016 to $18.5k in 2022.

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

Comparison In 2022, Nauru ranked 189 in total exports ($198M), and does not have data regarding Economic Complexity Index. 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, Nauru exported $10.5k to Sri Lanka. The main products exported from Nauru to Sri Lanka were Knitting Machine Accessories ($3.83k), Office Machine Parts ($2.88k), and Iron Sewing Needles ($2.49k). During the last 6 years the exports of Nauru to Sri Lanka have increased at an annualized rate of 32.6%, from $1.93k in 2016 to $10.5k in 2022.

In 2015, Sri Lanka exported $18.5k to Nauru. There were not main exports from Sri Lanka to Nauru in 2015. During the last 5 years the exports of Sri Lanka to Nauru have increased at an annualized rate of 52.3%, from $2.26k in 2020 to $18.5k in 2015.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Nauru
Top DestinationThailand$117M

Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Nauru than Sri Lanka included Thailand ($117M) and Philippines ($37.5M).

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

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

Comparative Advantage Nauru - Sri Lanka

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Nauru had a large net trade with Sri Lanka in the exports of Machines ($7.25k), Metals ($2.49k), and Miscellaneous ($625).

During 2015, Sri Lanka had a large net trade with Nauru in the exports of .

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 Nauru and Sri Lanka. This means that a dot/product with the flag of Nauru 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 Nauru.

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Nauru - Sri Lanka

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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