2023
Flag  
GDP
$15.1BCURRENT US$
Rnk 137 / 195
2013-2023
Flag
GDP GROWTH
-16.4%CURRENT US$
Rnk 187 / 195
2023
Flag
 GDP
$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH
9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
GDP PC 
$32,963CURRENT US$
Rnk 42 / 195
2013-2023
Flag
GDP PC GROWTH
-25.1%CURRENT US$
Rnk 183 / 195
2023
Flag
GDP PC
$3,828CURRENT US$
Rnk 132 / 196
2013-2023
Flag
GDP PC GROWTH
2.34%CURRENT US$
Rnk 150 / 195

About

Brunei-Sri Lanka Trade: In 2023, Brunei exported $5.77M to Sri Lanka. The main products that Brunei exported to Sri Lanka were Nitrogenous Fertilizers ($5.77M) and Electrical Transformers ($7). Over the past 5 years the exports of Brunei to Sri Lanka have increased at an annualized rate of 202%, from $23.1k in 2018 to $5.77M in 2023.

In 2023, Brunei did not export any services to Sri Lanka.

Sri Lanka-Brunei Trade: In 2023, Sri Lanka exported $270k to Brunei. The main products that Sri Lanka exported to Brunei were Tea ($177k), Coconut and Other Vegetable Fibers ($21.3k), and Other Rubber Products ($15.7k). Over the past 5 years the exports of Sri Lanka to Brunei have decreased at an annualized rate of 4.21%,  from $349k in 2018 to $270k in 2023.

In 2023, Sri Lanka did not export any services to Brunei.

Comparison In 2023,  Brunei ranked 101 in total exports ($10.9B), and does not have data regarding Economic Complexity Index. That same year, Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brunei exported $5.77M to Sri Lanka. The main products exported from Brunei to Sri Lanka were Nitrogenous Fertilizers ($5.77M) and Electrical Transformers ($7). During the last 5 years the exports of Brunei to Sri Lanka have increased at an annualized rate of 202%, from $23.1k in 2018 to $5.77M in 2023.

In 2018, Sri Lanka exported $270k to Brunei. The main products exported from Sri Lanka to Brunei were Tea ($177k), Coconut and Other Vegetable Fibers ($21.3k), and Other Rubber Products ($15.7k). During the last 5 years the exports of Sri Lanka to Brunei have decreased at an annualized rate of 4.21%, from $349k in 2023 to $270k in 2018.

Exports from Brunei (Flag) to Sri Lanka (Flag) (2023)

Exports from Sri Lanka (Flag) to Brunei (Flag) (2023)

Latest Data

Trade between Brunei (Flag) and Sri Lanka (Flag)

Brunei Exports

Sri Lanka Exports

Date

Market Competitiveness

Color
Brunei
Top Destination
Australia$2.25B
Sri Lanka
Top Destination
United States$2.98B

This map shows whether countries import more from Brunei or Sri Lanka. Each country is colored based on the difference in imports they receive from Brunei and Sri Lanka or the difference in the growth in imports.

In 2023, countries that imported more from Brunei than Sri Lanka included Australia ($2.25B), Japan ($1.86B), and Singapore ($1.72B).

In 2023, countries that imported more from Sri Lanka than Brunei included United States ($2.98B), Germany ($906M), and United Kingdom ($900M).

Difference in imports from Sri Lanka (Flag) and Brunei (Flag) (2023)

Comparative Advantage Brunei - Sri Lanka

Flow
Scale

This chart compares trade between Brunei and Sri Lanka by product, considering products traded by both, Brunei and Sri Lanka.

During 2023, Brunei had a large net trade with Sri Lanka in the exports of Chemical Products ($5.77M) and Machines ($7).

During 2018, Sri Lanka had a large net trade with Brunei in the exports of Vegetable Products ($179k), Textiles ($51.1k), and Plastics and Rubbers ($18.1k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Brunei and Sri Lanka. This means that a dot/product with the flag of Brunei indicates it has a comparative advantage over Sri Lanka. Similarly, a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Brunei.

Product Space of Brunei (Flag) and Sri Lanka (Flag) (2023)

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