Vanuatu (VUT) and Sri Lanka (LKA) Trade | The Observatory of Economic Complexity

About

Vanuatu-Sri Lanka Trade: In 2022, Vanuatu exported $20.9k to Sri Lanka. The main products that Vanuatu exported to Sri Lanka were Office Machine Parts ($20.9k). Over the past 8 years the exports of Vanuatu to Sri Lanka have increased at an annualized rate of 22.7%, from $4.05k in 2014 to $20.9k in 2022.

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

Sri Lanka-Vanuatu Trade: In 2022, Sri Lanka exported $87.9k to Vanuatu. The main products that Sri Lanka exported to Vanuatu were Insulated Wire ($50.5k), Pens ($13.1k), and Baked Goods ($11.2k). Over the past 8 years the exports of Sri Lanka to Vanuatu have decreased at an annualized rate of 43.7%, from $1.55M in 2014 to $87.9k in 2022.

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

Comparison In 2022, Vanuatu ranked 186 in total exports ($205M), 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, Vanuatu exported $20.9k to Sri Lanka. The main products exported from Vanuatu to Sri Lanka were Office Machine Parts ($20.9k). During the last 8 years the exports of Vanuatu to Sri Lanka have increased at an annualized rate of 22.7%, from $4.05k in 2014 to $20.9k in 2022.

In 2017, Sri Lanka exported $87.9k to Vanuatu. The main products exported from Sri Lanka to Vanuatu were Insulated Wire ($50.5k), Pens ($13.1k), and Baked Goods ($11.2k). During the last 5 years the exports of Sri Lanka to Vanuatu have decreased at an annualized rate of 43.7%, from $1.55M in 2022 to $87.9k in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Vanuatu
Top DestinationThailand$86.1M

Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Vanuatu than Sri Lanka included Thailand ($86.1M) and Fiji ($6.36M).

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

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

Comparative Advantage Vanuatu - Sri Lanka

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Vanuatu had a large net trade with Sri Lanka in the exports of Machines ($20.9k).

During 2017, Sri Lanka had a large net trade with Vanuatu in the exports of Machines ($51.1k), Miscellaneous ($19.7k), and Foodstuffs ($11.2k).

Potential Exports

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

About

Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Vanuatu - 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 Vanuatu () and Sri Lanka () (2022)

Keep Exploring