2022
Flag  
GDP
$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
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GDP GROWTH
-22.1%CURRENT US$
Rnk 180 / 186
2022
Flag
 GDP
$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH
5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
GDP PC 
$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH
-27.7%CURRENT US$
Rnk 177 / 186
2022
Flag
GDP PC
$3,354CURRENT US$
Rnk 130 / 186
2012-2022
Flag
GDP PC GROWTH
0.074%CURRENT US$
Rnk 141 / 186

About

Brazil-Sri Lanka Trade: In 2022, Brazil exported $24.7M to Sri Lanka. The main products that Brazil exported to Sri Lanka were Synthetic Rubber ($8.3M), Heavy Pure Woven Cotton ($3.26M), and Asbestos ($2.97M). Over the past 5 years the exports of Brazil to Sri Lanka have decreased at an annualized rate of 20.4%, from $77.5M in 2017 to $24.7M in 2022.

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

Sri Lanka-Brazil Trade: In 2022, Sri Lanka exported $78.5M to Brazil. The main products that Sri Lanka exported to Brazil were Rubber Apparel ($19.5M), Rubber Tires ($7.15M), and Knit Gloves ($6.75M). Over the past 5 years the exports of Sri Lanka to Brazil have increased at an annualized rate of 5.8%,  from $59.2M in 2017 to $78.5M in 2022.

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

Comparison: In 2022,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B). That same year, Sri Lanka ranked 82 in the Economic Complexity Index (ECI -0.35), and 89 in total exports ($14.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Brazil exported $24.7M to Sri Lanka. The main products exported from Brazil to Sri Lanka were Synthetic Rubber ($8.3M), Heavy Pure Woven Cotton ($3.26M), and Asbestos ($2.97M). During the last 5 years the exports of Brazil to Sri Lanka have decreased at an annualized rate of 20.4%, from $77.5M in 2017 to $24.7M in 2022.

In 2017, Sri Lanka exported $78.5M to Brazil. The main products exported from Sri Lanka to Brazil were Rubber Apparel ($19.5M), Rubber Tires ($7.15M), and Knit Gloves ($6.75M). During the last 5 years the exports of Sri Lanka to Brazil have increased at an annualized rate of 5.8%, from $59.2M in 2022 to $78.5M in 2017.

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

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

Market Competitiveness

Color
Brazil
Top Destination
China$90.1B
Sri Lanka
Top Destination
United States$3.52B

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

In 2022, countries that imported more from Brazil than Sri Lanka included China ($90.1B), United States ($36.6B), and Argentina ($15.4B).

In 2022, countries that imported more from Sri Lanka than Brazil included Maldives ($128M), Syria ($36M), and Fiji ($5.22M).

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

Comparative Advantage Brazil - Sri Lanka

Flow
Scale

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

During 2022, Brazil had a large net trade with Sri Lanka in the exports of Plastics and Rubbers ($8.8M), Textiles ($4.64M), and Mineral Products ($3.61M).

During 2017, Sri Lanka had a large net trade with Brazil in the exports of Textiles ($36.1M), Plastics and Rubbers ($31.8M), and Machines ($3.49M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Brazil Sri Lanka+$999kPackaged Medicaments
Top Product Potential Sri Lanka Brazil+$5.68MRubber Tires

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 Brazil and Sri Lanka. This means that a dot/product with the flag of Brazil 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 Brazil.

Product Space of Brazil (Flag) and Sri Lanka (Flag) (2022)

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