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Pricing

2022
Flag → Flag
Exports $23.7MRnk 60 / 194
2022
Flag → Flag
Top Product $11.2MKnit Gloves
2022
Flag → Flag
Exports $19.3MRnk 95 / 208
2022
Flag → Flag
Top Product $4.63MLight Pure Woven Cotton
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.57Rnk 42 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$252BCURRENT US$
Rnk 49 / 186
2012-2022
Flag
GDP GROWTH16.5%CURRENT US$
Rnk 132 / 186
2022
Flag
GDP PC $3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH0.074%CURRENT US$
Rnk 141 / 186
2022
Flag
GDP PC$24,275CURRENT US$
Rnk 46 / 186
2012-2022
Flag
GDP PC GROWTH18%CURRENT US$
Rnk 94 / 186

About

Sri Lanka-Portugal Trade: In 2022, Sri Lanka exported $23.7M to Portugal. The main products that Sri Lanka exported to Portugal were Knit Gloves ($11.2M), Coconuts, Brazil Nuts, and Cashews ($2.12M), and Coconut and Other Vegetable Fibers ($1.24M). Over the past 5 years the exports of Sri Lanka to Portugal have increased at an annualized rate of 14.8%, from $11.9M in 2017 to $23.7M in 2022.

In 2022, Sri Lanka did not export any services to Portugal.

Portugal-Sri Lanka Trade: In 2022, Portugal exported $19.3M to Sri Lanka. The main products that Portugal exported to Sri Lanka were Light Pure Woven Cotton ($4.63M), Heavy Pure Woven Cotton ($4.14M), and Kraft Paper ($1.42M). Over the past 5 years the exports of Portugal to Sri Lanka have increased at an annualized rate of 15.5%,  from $9.41M in 2017 to $19.3M in 2022.

In 2022, Portugal did not export any services to Sri Lanka.

Comparison: In 2022,  Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B). That same year, Portugal ranked 42 in the Economic Complexity Index (ECI 0.57), and 48 in total exports ($81.7B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Sri Lanka exported $23.7M to Portugal. The main products exported from Sri Lanka to Portugal were Knit Gloves ($11.2M), Coconuts, Brazil Nuts, and Cashews ($2.12M), and Coconut and Other Vegetable Fibers ($1.24M). During the last 5 years the exports of Sri Lanka to Portugal have increased at an annualized rate of 14.8%, from $11.9M in 2017 to $23.7M in 2022.

In 2017, Portugal exported $19.3M to Sri Lanka. The main products exported from Portugal to Sri Lanka were Light Pure Woven Cotton ($4.63M), Heavy Pure Woven Cotton ($4.14M), and Kraft Paper ($1.42M). During the last 5 years the exports of Portugal to Sri Lanka have increased at an annualized rate of 15.5%, from $9.41M in 2022 to $19.3M in 2017.

Exports from Sri Lanka (Flag) to Portugal (Flag) (2022)

Exports from Portugal (Flag) to Sri Lanka (Flag) (2022)

Latest Data

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

Sri Lanka Exports

Date

Portugal Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Portugal
Top DestinationSpain$20.5B

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 2022, countries that imported more from Sri Lanka than Portugal included India ($1.12B), United Arab Emirates ($397M), and Bangladesh ($225M).

In 2022, countries that imported more from Portugal than Sri Lanka included Spain ($20.5B), France ($9.49B), and Germany ($8.76B).

Difference in imports from Portugal (Flag) and Sri Lanka (Flag) (2022)

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 2022, Sri Lanka had a large net trade with Portugal in the exports of Textiles ($13.5M), Animal Products ($2.91M), and Vegetable Products ($2.48M).

During 2017, Portugal had a large net trade with Sri Lanka in the exports of Textiles ($9.2M), Machines ($2.04M), and Metals ($1.96M).

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) (2022)

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