Sri Lanka-Viet Nam Bilateral Trade Analysis 2023
Complete trade statistics: $0 total volume •Sri Lanka surplus: $0
Sri Lanka → Viet Nam
$0
Exports (2023)
Viet Nam → 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 Viet Nam. 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-Viet Nam commercial relationship and competitive positioning in global markets.
Sri Lanka → Viet Nam Exports
Export Market Intelligence
🎯 Strategic Export Focus
Sri Lanka's export portfolio to Viet Nam demonstrates strategic specialization, with fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of cotton, dyed representing a key competitive advantage in this bilateral market.
Viet Nam → Sri Lanka Imports
Import Dependency Profile
📦 Import Strategy Analysis
Sri Lanka's import pattern from Viet Nam reveals strategic sourcingin fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
Sri Lanka demonstrates competitive strength in exportingfabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of cotton, dyed to Viet Nam, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsperfectcomplementarity, with each country specializing in different sectors.
Growth Potential
The $0 trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: Sri Lanka-Viet Nam 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 fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of cotton, dyed, oil-cake and other solid residues: whether or not ground or in the form of pellets, resulting from the extraction of oils, n.e.c. in heading no. 2306, 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
- Import Dependencies: Key imports from Viet Nam include fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution, dog or cat food: (not put up for retail sale), used in animal feeding, yarn, synthetic: filament, monofilament (less than 67 decitex), other than high tenacity or textured yarn, elastomeric, single, untwisted or twisted 50 turns or less per metre, not for retail sale, not sewing thread
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 $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 fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of cotton, 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
Sri Lanka's specialization in fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of cotton, dyedcomplements Viet Nam's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $0 bilateral relationship.
Trade Pattern Insights
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.
Industrial Integration
Trade flows in fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of cotton, dyed and fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
Sri Lanka's trade surplus of $0.00 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 Viet Nam 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 Viet Nam total $0.00, with competitive advantages in fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04, of cotton, dyed, representing $4.52M orInfinity% of bilateral exports.
Import Dependencies
Imports from Viet Nam amount to $0.00, highlighting economic interdependence in fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution, with Fertilizers, mineral or chemical: nitrogenous, urea, whether or not in aqueous solution 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 Viet Nam in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023