Netherlands-Sri Lanka Bilateral Trade Analysis 2023
Complete trade statistics: $352.24M total volume •Netherlands deficit: $352.24M
Netherlands → Sri Lanka
$0
Exports (2023)
Sri Lanka → Netherlands
$352.24M
Imports (2023)
Trade Balance
$352.24M
Deficit for Netherlands
Total Trade
$352.24M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Netherlands and Sri Lanka. Green line shows exports from Netherlands, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Netherlands-Sri Lanka commercial relationship and competitive positioning in global markets.
Netherlands → Sri Lanka Exports
Export Market Intelligence
🎯 Strategic Export Focus
Netherlands's export portfolio to Sri Lanka demonstrates strategic specialization, with iron or steel: structures and parts thereof, bridges and bridge-sections representing a key competitive advantage in this bilateral market.
Sri Lanka → Netherlands Imports
Import Dependency Profile
📦 Import Strategy Analysis
Netherlands's import pattern from Sri Lanka reveals significant dependencyin trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted), highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Netherlands demonstrates competitive strength in exportingiron or steel: structures and parts thereof, bridges and bridge-sections to Sri Lanka, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $352.24M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Netherlands-Sri Lanka Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $352.24 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Netherlands maintains a deficit of $352.24 million
- Export Focus: Netherlands's primary exports include iron or steel: structures and parts thereof, bridges and bridge-sections, machinery: for packing or wrapping, machinery: industrial, for the manufacture of confectionery, cocoa or chocolate
- Import Dependencies: Key imports from Sri Lanka include trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted), underpants and briefs: men's or boys', of cotton, knitted or crocheted, nuts and other seeds: whether or not containing added sugar, other sweetening matter or spirit (excluding ground-nuts except in mixtures)
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $352.24M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with Netherlands leveraging its comparative advantages in iron or steel: structures and parts thereof, bridges and bridge-sections.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
Netherlands's specialization in iron or steel: structures and parts thereof, bridges and bridge-sectionscomplements Sri Lanka's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted).
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $352.24M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $352.24M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $352.24 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in iron or steel: structures and parts thereof, bridges and bridge-sections and trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted) demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Netherlands's trade deficit of $352.24 million impacts its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between Netherlands and Sri Lanka represents a total trade volume of $352.24 million in 2023. This partnership demonstrates an unfavorable trade balance for Netherlands, with imports exceeding exportsby $352.24 million.
Export Strengths
Netherlands's exports to Sri Lanka total $0.00, with competitive advantages in iron or steel: structures and parts thereof, bridges and bridge-sections, representing $26.01M orInfinity% of bilateral exports.
Import Dependencies
Imports from Sri Lanka amount to $352.24 million, highlighting economic interdependence in trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted), with Trousers, bib and brace overalls, breeches and shorts: men's or boys', of cotton (not knitted or crocheted) comprising6.7% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade deficit indicates Netherlands's strategic sourcing from Sri Lanka. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between Netherlands and Sri Lanka in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023