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2023
Flag → Flag
Exports $43.6MRnk 135 / 221
2023
Flag → Flag
Top Product $16MRaw Sugar
2023
Flag → Flag
Exports $85.2MRnk 36 / 200
2023
Flag → Flag
Top Product $16MRubber Apparel
2023
Flag
Economic Complexity (ECI) ECI 0.31Rnk 49 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag  
GDP$2.17TCURRENT US$
Rnk 9 / 195
2013-2023
Flag
GDP GROWTH-12.1%CURRENT US$
Rnk 184 / 195
2023
Flag
 GDP$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
GDP PC $10,295CURRENT US$
Rnk 89 / 195
2013-2023
Flag
GDP PC GROWTH-17.4%CURRENT US$
Rnk 175 / 195
2023
Flag
GDP PC$3,828CURRENT US$
Rnk 132 / 196
2013-2023
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GDP PC GROWTH2.34%CURRENT US$
Rnk 150 / 195

About

Brazil-Sri Lanka Trade: In 2023, Brazil exported $43.6M to Sri Lanka. The main products that Brazil exported to Sri Lanka were Raw Sugar ($16M), Synthetic Rubber ($8.47M), and Packaged Medicaments ($2.94M). Over the past 5 years the exports of Brazil to Sri Lanka have increased at an annualized rate of 16.8%, from $20M in 2018 to $43.6M in 2023.

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

Sri Lanka-Brazil Trade: In 2023, Sri Lanka exported $85.2M to Brazil. The main products that Sri Lanka exported to Brazil were Rubber Apparel ($16M), Rubber Tires ($13.6M), and Knit Gloves ($7.78M). Over the past 5 years the exports of Sri Lanka to Brazil have increased at an annualized rate of 7.01%,  from $60.7M in 2018 to $85.2M in 2023.

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

Comparison: In 2023,  Brazil ranked 49 in the Economic Complexity Index (ECI 0.31), and 22 in total exports ($355B). That same year, Sri Lanka ranked 85 in the Economic Complexity Index (ECI -0.44), and 90 in total exports ($13.8B).

Latest Trends

December, 2024

About

Overview In December 2024, Brazil exported $2.85M and imported $5.43M from Sri Lanka, resulting in a negative trade balance of $2.58M. Between December 2023 and December 2024 the exports of Brazil have decreased by $-1.75M (-38%) from $4.6M to $2.85M, while imports decreased by $-1.25M (-18.7%) from $6.68M to $5.43M.

Trade In December 2024, the top exports of Brazil to Sri Lanka were Uncoated Paper ($2.45M), Synthetic Rubber ($756k), Raw Sugar ($742k), Heavy Pure Woven Cotton ($699k), and Kraft Paper ($177k). In December 2024 the top imports of Brazil from Sri Lanka were Rubber Tires ($1.53M), Rubber Apparel ($814k), Non-Knit Women's Suits ($464k), Knit Gloves ($463k), and Non-Knit Women's Shirts ($358k).

Origins In December 2024 the exports of Brazil were mainly from São Paulo ($2.17M), Santa Catarina ($222k), Goiás ($170k), Rio Grande do Sul ($130k), and Minas Gerais ($104k), while imports destinations were mainly Santa Catarina ($2.33M), São Paulo ($1.62M), Paraná ($748k), Minas Gerais ($298k), and Espírito Santo ($230k).

Growth In December 2024, the decrease in Brazil's year-by-year exports to Sri Lanka was explained primarily by an decrease in product exports in Asbestos ($-140k or -47.8%), Synthetic Rubber ($-31.6k or -4.01%), and Rubber Footwear ($-9.56k or -22.7%). In December 2024, the decrease in Brazil's year-by-year imports  from Sri Lanka was explained primarily by an decrease in product imports  in Knit Women's Suits ($-465k or -68.3%), Knit Women's Coats ($-347k or -99%), and Rubber Apparel ($-290k or -26.3%).

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (December 2023 - December 2024)$-1.75M(-38%)
IMPORT GROWTH (December 2023 - December 2024)$-1.25M(-18.7%)
MAIN EXPORTER (December 2024)São Paulo$2.17M

This section shows exports and imports data at subnational level for Brazil. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Brazil over time.

To check Sri Lanka and Brazil trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Sri Lanka and Brazil Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Brazil exported $43.6M to Sri Lanka. The main products exported from Brazil to Sri Lanka were Raw Sugar ($16M), Synthetic Rubber ($8.47M), and Packaged Medicaments ($2.94M). During the last 5 years the exports of Brazil to Sri Lanka have increased at an annualized rate of 16.8%, from $20M in 2018 to $43.6M in 2023.

In 2018, Sri Lanka exported $85.2M to Brazil. The main products exported from Sri Lanka to Brazil were Rubber Apparel ($16M), Rubber Tires ($13.6M), and Knit Gloves ($7.78M). During the last 5 years the exports of Sri Lanka to Brazil have increased at an annualized rate of 7.01%, from $60.7M in 2023 to $85.2M in 2018.

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

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

Market Competitiveness

Color
Brazil
Top DestinationChina$106B
Sri Lanka
Top DestinationUnited States$2.98B

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 2023, countries that imported more from Brazil than Sri Lanka included China ($106B), United States ($37B), and Argentina ($17.2B).

In 2023, countries that imported more from Sri Lanka than Brazil included Maldives ($168M), Syria ($43.4M), and Fiji ($4.61M).

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

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 2023, Brazil had a large net trade with Sri Lanka in the exports of Foodstuffs ($16.9M), Plastics and Rubbers ($8.87M), and Chemical Products ($3.98M).

During 2018, Sri Lanka had a large net trade with Brazil in the exports of Textiles ($35.2M), Plastics and Rubbers ($34.6M), and Mineral Products ($5.26M).

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) (2023)

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