Sri Lanka
↔
Georgia

Sri Lanka-Georgia Bilateral Trade Analysis 2023

Complete trade statistics: $0 total volume •Sri Lanka surplus: $0

Sri Lanka → Georgia

$0

Exports (2023)

Georgia → Sri Lanka

$0

Imports (2023)

Trade Balance

$0

Surplus for Sri Lanka

Total Trade

$0

Combined Volume

Trade Flow Visualization

Direct trade relationship between Sri Lanka and Georgia. 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-Georgia commercial relationship and competitive positioning in global markets.

Sri Lanka → Georgia Exports

$0
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
Infinity% top product
1Vegetable products: n.e.c. in chapter 14
$1.22M
Infinity% of exports
2Tea, black: (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg
$857,515
Infinity% of exports
3Tea, black: (fermented) and partly fermented tea, in immediate packings of a content not exceeding 3kg
$774,311
Infinity% of exports
4Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibres n.e.c., raw or processed but not spun: tow, noils and waste of these fibres (including yarn waste and garnetted stock)
$384,158
Infinity% of exports
5Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$215,163
Infinity% of exports

🎯 Strategic Export Focus

Sri Lanka's export portfolio to Georgia demonstrates strategic specialization, with vegetable products: n.e.c. in chapter 14 representing a key competitive advantage in this bilateral market.

Georgia → Sri Lanka Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$74,547
Infinity% of imports
2Razors
$45,196
Infinity% of imports
3Medical, surgical instruments and appliances: tubular metal needles and needles for sutures
$15,386
Infinity% of imports
4Plastics: stoppers, lids, caps and other closures, for the conveyance or packing of goods
$15,147
Infinity% of imports
5Coconut, abaca (Manila hemp or Musa textilis Nee), ramie and other vegetable textile fibres n.e.c., raw or processed but not spun: tow, noils and waste of these fibres (including yarn waste and garnetted stock)
$14,674
Infinity% of imports

📦 Import Strategy Analysis

Sri Lanka's import pattern from Georgia reveals strategic sourcingin medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Sri Lanka demonstrates competitive strength in exportingvegetable products: n.e.c. in chapter 14 to Georgia, leveraging comparative advantages.

Export Leader in 5+ Categories
🔄

Trade Complementarity

The bilateral relationship showsperfectcomplementarity, with each country specializing in different sectors.

Specialized Exchange
📈

Growth Potential

The $0 trade volume indicates substantial economic integration with room for expansion in emerging sectors.

Significant Partnership

Executive Summary: Sri Lanka-Georgia Trade Relationship

Key Trade Highlights 2023

  • Total Trade Volume: $0.00representing a significant bilateral economic relationship
  • Trade Balance: Sri Lanka maintains a surplus of $0.00
  • Export Focus: Sri Lanka's primary exports include vegetable products: n.e.c. in chapter 14, tea, black: (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg, tea, black: (fermented) and partly fermented tea, in immediate packings of a content not exceeding 3kg
  • Import Dependencies: Key imports from Georgia include medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, razors, medical, surgical instruments and appliances: tubular metal needles and needles for sutures

Strategic Trade Indicators

Trade IntensityHigh
Export DiversificationConcentrated
Trade Balance HealthImbalanced

📈 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 $0 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 vegetable products: n.e.c. in chapter 14.

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

1

Comparative Advantage

Sri Lanka's specialization in vegetable products: n.e.c. in chapter 14complements Georgia's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale.

3

Market Access & Trade Policy

Favorable trade agreements and market access conditions have facilitated the growth of this $0 bilateral relationship.

Trade Pattern Insights

Trade ComplementarityBalanced
Seasonal VariationsModerate
Product ConcentrationMedium
Market DependencyModerate
🔮

Trade Relationship Outlook

The $0 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 $0.00 bilateral trade volume represents a important trade relationshipfor both economies.

Economic Significance: Moderate
🏭

Industrial Integration

Trade flows in vegetable products: n.e.c. in chapter 14 and medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale demonstrate deep industrial linkages and supply chain integration.

Supply Chain Integration: Specialized
⚖️

Trade Balance Effects

Sri Lanka's trade surplus of $0.00 strengthens its overall economic position in this bilateral relationship.

Balance Impact: Export Advantage

Strategic Future Outlook

🚀Growth Opportunities

Emerging Sectors
Technology transfer and innovation cooperation in tea, black: (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg present expansion opportunities.
Market Diversification
Beyond current focus on medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, new product categories offer potential for trade expansion.

⚠️Risk Factors

Supply Chain Vulnerabilities
Moderate concentration in key sectors requires monitoring
Market Competition
Global competition in vegetable products: n.e.c. in chapter 14 may affect future market positioning.

🎯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 Georgia represents a total trade volume of $0.00 in 2023. This partnership demonstrates a favorable trade balance for Sri Lanka, with exports exceeding importsby $0.00.

Export Strengths

Sri Lanka's exports to Georgia total $0.00, with competitive advantages in vegetable products: n.e.c. in chapter 14, representing $1.22M orInfinity% of bilateral exports.

Import Dependencies

Imports from Georgia amount to $0.00, highlighting economic interdependence in medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale, with Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale 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 Georgia in multiple formats.

Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023