Sri Lanka-Türkiye Bilateral Trade Analysis 2023

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

Sri LankaTürkiye

$0

Exports (2023)

TürkiyeSri 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 Türkiye. 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-Türkiye commercial relationship and competitive positioning in global markets.

Sri LankaTürkiye Exports

$0
2023 Total

Export Market Intelligence

Product Diversity:
Specialized Focus
Market Share:
Infinity% top product
1Tea, black: (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg
$43.22M
Infinity% of exports
2Gloves, mittens and mitts: knitted or crocheted, impregnated, coated or covered with plastics or rubber
$7.92M
Infinity% of exports
3Rubber: tyres n.e.c. in heading no. 4012
$7.31M
Infinity% of exports
4Carbon: activated
$4.03M
Infinity% of exports
5Brassieres: whether or not knitted or crocheted
$3.82M
Infinity% of exports

🎯 Strategic Export Focus

Sri Lanka's export portfolio to Türkiye demonstrates strategic specialization, with tea, black: (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg representing a key competitive advantage in this bilateral market.

TürkiyeSri Lanka Imports

$0
2023 Total

Import Dependency Profile

Supply Diversity:
Concentrated
Critical Imports:
Infinity% concentration
1Wheat or meslin flour
$61.98M
Infinity% of imports
2Vehicle parts: road wheels and parts and accessories thereof
$6.29M
Infinity% of imports
3Vegetables, leguminous: peas (pisum sativum), shelled, whether or not skinned or split, dried
$5.67M
Infinity% of imports
4Machinery: parts of machines handling earth, minerals or ores and n.e.c. in heading no. 8431
$5.48M
Infinity% of imports
5Yeasts: active
$4.12M
Infinity% of imports

📦 Import Strategy Analysis

Sri Lanka's import pattern from Türkiye reveals strategic sourcingin wheat or meslin flour, highlighting complementary economic structures and potential supply chain optimization opportunities.

Competitive Trade Position Analysis

🏆

Market Leadership

Sri Lanka demonstrates competitive strength in exportingtea, black: (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg to Türkiye, 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-Türkiye 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 tea, black: (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg, gloves, mittens and mitts: knitted or crocheted, impregnated, coated or covered with plastics or rubber, rubber: tyres n.e.c. in heading no. 4012
  • Import Dependencies: Key imports from Türkiye include wheat or meslin flour, vehicle parts: road wheels and parts and accessories thereof, vegetables, leguminous: peas (pisum sativum), shelled, whether or not skinned or split, dried

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 tea, black: (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg.

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 tea, black: (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kgcomplements Türkiye's demand patterns, creating natural trade synergies.

2

Supply Chain Integration

Deep integration in global value chains has strengthened bilateral linkages, particularly in wheat or meslin flour.

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 tea, black: (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg and wheat or meslin flour 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 gloves, mittens and mitts: knitted or crocheted, impregnated, coated or covered with plastics or rubber present expansion opportunities.
Market Diversification
Beyond current focus on wheat or meslin flour, 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 tea, black: (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg 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 Türkiye 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 Türkiye total $0.00, with competitive advantages in tea, black: (fermented) and partly fermented tea, in immediate packings of a content exceeding 3kg, representing $43.22M orInfinity% of bilateral exports.

Import Dependencies

Imports from Türkiye amount to $0.00, highlighting economic interdependence in wheat or meslin flour, with Wheat or meslin flour 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 Türkiye in multiple formats.

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