Sri Lanka-France Bilateral Trade Analysis 2023
Complete trade statistics: $359.03M total volume •Sri Lanka surplus: $359.03M
Sri Lanka → France
$359.03M
Exports (2023)
France → Sri Lanka
$0
Imports (2023)
Trade Balance
$359.03M
Surplus for Sri Lanka
Total Trade
$359.03M
Combined Volume
Trade Flow Visualization
Direct trade relationship between Sri Lanka and France. Green line shows exports from Sri Lanka, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the Sri Lanka-France commercial relationship and competitive positioning in global markets.
Sri Lanka → France Exports
Export Market Intelligence
🎯 Strategic Export Focus
Sri Lanka's export portfolio to France demonstrates strategic specialization, with vessels: other, including lifeboats other than rowing boats, other than warships representing a key competitive advantage in this bilateral market.
France → Sri Lanka Imports
Import Dependency Profile
📦 Import Strategy Analysis
Sri Lanka's import pattern from France reveals significant dependencyin turbo-jets: of a thrust exceeding 25kn, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Sri Lanka demonstrates competitive strength in exportingvessels: other, including lifeboats other than rowing boats, other than warships to France, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsmoderatecomplementarity, with each country specializing in different sectors.
Growth Potential
The $359.03M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Sri Lanka-France Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $359.03 millionrepresenting a significant bilateral economic relationship
- Trade Balance: Sri Lanka maintains a surplus of $359.03 million
- Export Focus: Sri Lanka's primary exports include vessels: other, including lifeboats other than rowing boats, other than warships, stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set, t-shirts, singlets and other vests: of textile materials (other than cotton), knitted or crocheted
- Import Dependencies: Key imports from France include turbo-jets: of a thrust exceeding 25kn, medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, perfumes and toilet waters
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 $359.03M 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 Sri Lanka leveraging its comparative advantages in vessels: other, including lifeboats other than rowing boats, other than warships.
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
Sri Lanka's specialization in vessels: other, including lifeboats other than rowing boats, other than warshipscomplements France's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in turbo-jets: of a thrust exceeding 25kn.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $359.03M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $359.03M 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 $359.03 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in vessels: other, including lifeboats other than rowing boats, other than warships and turbo-jets: of a thrust exceeding 25kn demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Sri Lanka's trade surplus of $359.03 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 Sri Lanka and France represents a total trade volume of $359.03 million in 2023. This partnership demonstrates a favorable trade balance for Sri Lanka, with exports exceeding importsby $359.03 million.
Export Strengths
Sri Lanka's exports to France total $359.03 million, with competitive advantages in vessels: other, including lifeboats other than rowing boats, other than warships, representing $53.60M or14.9% of bilateral exports.
Import Dependencies
Imports from France amount to $0.00, highlighting economic interdependence in turbo-jets: of a thrust exceeding 25kn, with Turbo-jets: of a thrust exceeding 25kN comprisingInfinity% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates Sri Lanka'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 Sri Lanka and France in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023