Other Asia, nes-Sri Lanka Bilateral Trade Analysis 2023
Complete trade statistics: $275.01M total volume •Other Asia, nes surplus: $275.01M
Other Asia, nes → Sri Lanka
$275.01M
Exports (2023)
Sri Lanka → Other Asia, nes
$0
Imports (2023)
Trade Balance
$275.01M
Surplus for Other Asia, nes
Total Trade
$275.01M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Other Asia, nes and Sri Lanka. Green line shows exports from Other Asia, nes, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Other Asia, nes-Sri Lanka commercial relationship and competitive positioning in global markets.
Other Asia, nes → Sri Lanka Exports
Export Market Intelligence
🎯 Strategic Export Focus
Other Asia, nes's export portfolio to Sri Lanka demonstrates strategic specialization, with fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of synthetic fibres, dyed representing a key competitive advantage in this bilateral market.
Sri Lanka → Other Asia, nes Imports
Import Dependency Profile
📦 Import Strategy Analysis
Other Asia, nes's import pattern from Sri Lanka reveals significant dependencyin tea, black: (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Other Asia, nes demonstrates competitive strength in exportingfabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of synthetic fibres, dyed to Sri Lanka, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $275.01M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Other Asia, nes-Sri Lanka Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $275.01 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Other Asia, nes maintains a surplus of $275.01 million
- Export Focus: Other Asia, nes's primary exports include fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of synthetic fibres, dyed, fabrics: knitted or crocheted fabrics of a width exceeding 30 cm, other than those of heading 60.01, containing by weight 5% or more of elastomeric yarn but not containing rubber thread, fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04,and other than those made of wool, fine animal hair, cotton, synthetic or artificial fibres
- Import Dependencies: Key imports from Sri Lanka include tea, black: (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg, carbon: activated, fish: frozen, tuna, n.e.c. in item no. 0303.4, excluding fillets, fish meat of 0304, and edible fish offal of subheadings 0303.91 to 0303.99
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 $275.01M 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 Other Asia, nes leveraging its comparative advantages in fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of synthetic fibres, dyed.
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
Other Asia, nes's specialization in fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of synthetic fibres, dyedcomplements Sri Lanka's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in tea, black: (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $275.01M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $275.01M 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 $275.01 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of synthetic fibres, dyed and tea, black: (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Other Asia, nes's trade surplus of $275.01 million strengthens 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 Other Asia, nes and Sri Lanka represents a total trade volume of $275.01 million in 2023. This partnership demonstrates a favorable trade balance for Other Asia, nes, with exports exceeding importsby $275.01 million.
Export Strengths
Other Asia, nes's exports to Sri Lanka total $275.01 million, with competitive advantages in fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of synthetic fibres, dyed, representing $39.02M or14.2% of bilateral exports.
Import Dependencies
Imports from Sri Lanka amount to $0.00, highlighting economic interdependence in tea, black: (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg, with Tea, black: (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Other Asia, nes's competitive position in this bilateral relationship. 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 Other Asia, nes and Sri Lanka in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023