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Pricing

2023
Flag → Flag
Exports $13.6MRnk 72 / 200
2023
Flag → Flag
Top Product $3.76MKnit Gloves
2023
Flag → Flag
Exports $17.3MRnk 107 / 211
2023
Flag → Flag
Top Product $6.27MHeavy Pure Woven Cotton
2023
Flag
Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
 GDP$289BCURRENT US$
Rnk 48 / 195
2013-2023
Flag
GDP GROWTH27.5%CURRENT US$
Rnk 119 / 195
2023
Flag
GDP PC $3,828CURRENT US$
Rnk 132 / 195
2013-2023
Flag
GDP PC GROWTH2.34%CURRENT US$
Rnk 150 / 195
2023
Flag
GDP PC$27,331CURRENT US$
Rnk 50 / 196
2013-2023
Flag
GDP PC GROWTH26.1%CURRENT US$
Rnk 84 / 195

About

Sri Lanka-Portugal Trade: In 2023, Sri Lanka exported $13.6M to Portugal. The main products that Sri Lanka exported to Portugal were Knit Gloves ($3.76M), Coconuts, Brazil Nuts, and Cashews ($1.59M), and Rubber ($973k). Over the past 5 years the exports of Sri Lanka to Portugal have decreased at an annualized rate of 0.042%, from $13.6M in 2018 to $13.6M in 2023.

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

Portugal-Sri Lanka Trade: In 2023, Portugal exported $17.3M to Sri Lanka. The main products that Portugal exported to Sri Lanka were Heavy Pure Woven Cotton ($6.27M), Light Pure Woven Cotton ($4.27M), and Building Stone ($1.04M). Over the past 5 years the exports of Portugal to Sri Lanka have increased at an annualized rate of 12.4%,  from $9.64M in 2018 to $17.3M in 2023.

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

Comparison: In 2023,  Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 46 in total exports ($83B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sri Lanka exported $13.6M to Portugal. The main products exported from Sri Lanka to Portugal were Knit Gloves ($3.76M), Coconuts, Brazil Nuts, and Cashews ($1.59M), and Rubber ($973k). During the last 5 years the exports of Sri Lanka to Portugal have decreased at an annualized rate of 0.042%, from $13.6M in 2018 to $13.6M in 2023.

In 2018, Portugal exported $17.3M to Sri Lanka. The main products exported from Portugal to Sri Lanka were Heavy Pure Woven Cotton ($6.27M), Light Pure Woven Cotton ($4.27M), and Building Stone ($1.04M). During the last 5 years the exports of Portugal to Sri Lanka have increased at an annualized rate of 12.4%, from $9.64M in 2023 to $17.3M in 2018.

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

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

Latest Data

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

Sri Lanka Exports

Date

Portugal Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$2.98B
Portugal
Top DestinationSpain$17.7B

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

In 2023, countries that imported more from Sri Lanka than Portugal included India ($991M), Maldives ($168M), and Bangladesh ($177M).

In 2023, countries that imported more from Portugal than Sri Lanka included Spain ($17.7B), France ($9.19B), and Germany ($8.12B).

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

Comparative Advantage Sri Lanka - Portugal

Flow
Scale

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

During 2023, Sri Lanka had a large net trade with Portugal in the exports of Textiles ($6.06M), Foodstuffs ($2.09M), and Vegetable Products ($2.04M).

During 2018, Portugal had a large net trade with Sri Lanka in the exports of Textiles ($10.8M), Stone And Glass ($1.64M), and Paper Goods ($1.05M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Portugal+$800kNon-fillet Fresh Fish
Top Product Potential Portugal Sri Lanka+$731kIron Structures

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

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

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

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