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

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Sri Lanka-Nauru Trade: In 2020, Sri Lanka exported $18.5k to Nauru. The main products that Sri Lanka exported to Nauru were N/A. Over the past 7 years the exports of Sri Lanka to Nauru have increased at an annualized rate of 54.4%, from $882 in 2013 to $18.5k in 2020.

In 2020, Sri Lanka did not export any services to Nauru.

Nauru-Sri Lanka Trade: In 2020, 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 7 years the exports of Nauru to Sri Lanka have increased at an annualized rate of 94.7%, from $375 in 2013 to $10.5k in 2020.

In 2020, Nauru 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, Nauru ranked 189 in total exports ($198M), and does not have data regarding Economic Complexity Index.

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2020, Sri Lanka exported $18.5k to Nauru. There were not main exports from Sri Lanka to Nauru in 2020. During the last 7 years the exports of Sri Lanka to Nauru have increased at an annualized rate of 54.4%, from $882 in 2013 to $18.5k in 2020.

In 2017, 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 5 years the exports of Nauru to Sri Lanka have increased at an annualized rate of 94.7%, from $375 in 2022 to $10.5k in 2017.

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

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

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Sri Lanka
Top DestinationUnited States$3.52B

Nauru
Top DestinationThailand$117M

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

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

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

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

Comparative Advantage Sri Lanka - Nauru

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2020, Sri Lanka had a large net trade with Nauru in the exports of .

During 2017, Nauru had a large net trade with Sri Lanka in the exports of Machines ($7.25k), Metals ($2.49k), and Miscellaneous ($625).

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

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Historical Data

Bilateral Trade by Products

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

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

Market Competitiveness

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

Comparative Advantage Sri Lanka - Nauru

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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