Sri Lanka-Romania Bilateral Trade Analysis 2023

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

Sri LankaRomania

$0

Exports (2023)

RomaniaSri 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 Romania. 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-Romania commercial relationship and competitive positioning in global markets.

Sri LankaRomania Exports

$0
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
Infinity% top product
1Electrical apparatus: switches n.e.c. in heading no. 8536, for a voltage not exceeding 1000 volts
$2.36M
Infinity% of exports
2Rubber: tyres n.e.c. in heading no. 4012
$2.31M
Infinity% of exports
3Insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships
$2.14M
Infinity% of exports
4Machinery: parts of the machinery of heading no. 8427
$1.90M
Infinity% of exports
5Machines and mechanical appliances: parts, of those having individual functions
$1.68M
Infinity% of exports

🎯 Strategic Export Focus

Sri Lanka's export portfolio to Romania demonstrates strategic specialization, with electrical apparatus: switches n.e.c. in heading no. 8536, for a voltage not exceeding 1000 volts representing a key competitive advantage in this bilateral market.

RomaniaSri Lanka Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Cereals: wheat and meslin, other than durum wheat, other than seed
$143.65M
Infinity% of imports
2Cereals: wheat and meslin, durum wheat, other than seed
$8.46M
Infinity% of imports
3Rubber: new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars)
$371,128
Infinity% of imports
4Lace: mechanically made, of man-made fibres in the piece, in strips or in motifs, (other than fabrics of headings 60.02 to 60.06)
$240,645
Infinity% of imports
5Medicaments: consisting of mixed or unmixed products n.e.c. in heading no. 3004, for therapeutic or prophylactic uses, packaged for retail sale
$197,168
Infinity% of imports

📦 Import Strategy Analysis

Sri Lanka's import pattern from Romania reveals strategic sourcingin cereals: wheat and meslin, other than durum wheat, other than seed, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Sri Lanka demonstrates competitive strength in exportingelectrical apparatus: switches n.e.c. in heading no. 8536, for a voltage not exceeding 1000 volts to Romania, 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-Romania 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 electrical apparatus: switches n.e.c. in heading no. 8536, for a voltage not exceeding 1000 volts, rubber: tyres n.e.c. in heading no. 4012, insulated electric conductors: ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships
  • Import Dependencies: Key imports from Romania include cereals: wheat and meslin, other than durum wheat, other than seed, cereals: wheat and meslin, durum wheat, other than seed, rubber: new pneumatic tyres, of a kind used on motor cars (including station wagons and racing cars)

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 electrical apparatus: switches n.e.c. in heading no. 8536, for a voltage not exceeding 1000 volts.

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 electrical apparatus: switches n.e.c. in heading no. 8536, for a voltage not exceeding 1000 voltscomplements Romania's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in cereals: wheat and meslin, other than durum wheat, other than seed.

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 electrical apparatus: switches n.e.c. in heading no. 8536, for a voltage not exceeding 1000 volts and cereals: wheat and meslin, other than durum wheat, other than seed 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 rubber: tyres n.e.c. in heading no. 4012 present expansion opportunities.
Market Diversification
Beyond current focus on cereals: wheat and meslin, other than durum wheat, other than seed, 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 electrical apparatus: switches n.e.c. in heading no. 8536, for a voltage not exceeding 1000 volts 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 Romania 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 Romania total $0.00, with competitive advantages in electrical apparatus: switches n.e.c. in heading no. 8536, for a voltage not exceeding 1000 volts, representing $2.36M orInfinity% of bilateral exports.

Import Dependencies

Imports from Romania amount to $0.00, highlighting economic interdependence in cereals: wheat and meslin, other than durum wheat, other than seed, with Cereals: wheat and meslin, other than durum wheat, other than seed 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 Romania in multiple formats.

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