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Pricing

2022
Flag → Flag
Exports $7.44MRnk 86 / 194
2022
Flag → Flag
Top Product $2.73MActivated Carbon
2022
Flag → Flag
Exports $3MRnk 72 / 164
2022
Flag → Flag
Top Product $913kGold
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
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Economic Complexity (ECI) ECI -1.08Rnk 116 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
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GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
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 GDP$75.7BCURRENT US$
Rnk 75 / 186
2012-2022
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GDP GROWTH90.9%CURRENT US$
Rnk 18 / 186
2022
Flag
GDP PC $3,354CURRENT US$
Rnk 130 / 186
2012-2022
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GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186
2022
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GDP PC$1,192CURRENT US$
Rnk 163 / 186
2012-2022
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GDP PC GROWTH39.5%CURRENT US$
Rnk 49 / 186

About

Sri Lanka-Tanzania Trade: In 2022, Sri Lanka exported $7.44M to Tanzania. The main products that Sri Lanka exported to Tanzania were Activated Carbon ($2.73M), Rubber Tires ($2.57M), and Paper Containers ($562k). Over the past 5 years the exports of Sri Lanka to Tanzania have increased at an annualized rate of 8.44%, from $4.96M in 2017 to $7.44M in 2022.

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

Tanzania-Sri Lanka Trade: In 2022, Tanzania exported $3M to Sri Lanka. The main products that Tanzania exported to Sri Lanka were Gold ($913k), Precious Stones ($761k), and Fish Fillets ($483k). Over the past 5 years the exports of Tanzania to Sri Lanka have increased at an annualized rate of 0.083%,  from $2.99M in 2017 to $3M in 2022.

In 2022, Tanzania 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, Tanzania ranked 116 in the Economic Complexity Index (ECI -1.08), and 104 in total exports ($10B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $7.44M to Tanzania. The main products exported from Sri Lanka to Tanzania were Activated Carbon ($2.73M), Rubber Tires ($2.57M), and Paper Containers ($562k). During the last 5 years the exports of Sri Lanka to Tanzania have increased at an annualized rate of 8.44%, from $4.96M in 2017 to $7.44M in 2022.

In 2017, Tanzania exported $3M to Sri Lanka. The main products exported from Tanzania to Sri Lanka were Gold ($913k), Precious Stones ($761k), and Fish Fillets ($483k). During the last 5 years the exports of Tanzania to Sri Lanka have increased at an annualized rate of 0.083%, from $2.99M in 2022 to $3M in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Tanzania Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Tanzania
Top DestinationIndia$2.73B

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

In 2022, countries that imported more from Sri Lanka than Tanzania included United States ($3.52B), United Kingdom ($1.04B), and Germany ($881M).

In 2022, countries that imported more from Tanzania than Sri Lanka included India ($2.73B), South Africa ($939M), and United Arab Emirates ($1.07B).

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

Comparative Advantage Sri Lanka - Tanzania

Flow
Scale

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

During 2022, Sri Lanka had a large net trade with Tanzania in the exports of Chemical Products ($2.74M), Plastics and Rubbers ($2.7M), and Paper Goods ($718k).

During 2017, Tanzania had a large net trade with Sri Lanka in the exports of Precious Metals ($1.67M), Animal Products ($483k), and Vegetable Products ($446k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Tanzania+$1.09MRubber Tires
Top Product Potential Tanzania Sri Lanka+$2.44MGold

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

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

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