NEW: World Trade TARIFFS Simulator!
NEW: 2023 Data and Complexity Rankings
Sign In
Pricing

2023
Flag → Flag
Exports $2.92MRnk 116 / 200
2023
Flag → Flag
Top Product $1.81MCinnamon
2023
Flag → Flag
Exports $1.32kRnk 126 / 136
2023
Flag → Flag
Top Product $695Coconuts, Brazil Nuts, and Cashews
2023
Flag
Economic Complexity (ECI) ECI -0.44Rnk 85 / 132
2023
Flag
Economic Complexity (ECI) ECI -0.85Rnk 105 / 132
2023
Flag  
GDP$84.4BCURRENT US$
Rnk 75 / 195
2013-2023
Flag
GDP GROWTH9.55%CURRENT US$
Rnk 157 / 195
2023
Flag
 GDP$45.1BCURRENT US$
Rnk 96 / 195
2013-2023
Flag
GDP GROWTH47.2%CURRENT US$
Rnk 80 / 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$3,686CURRENT US$
Rnk 135 / 196
2013-2023
Flag
GDP PC GROWTH28.4%CURRENT US$
Rnk 82 / 195

About

Sri Lanka-Bolivia Trade: In 2023, Sri Lanka exported $2.92M to Bolivia. The main products that Sri Lanka exported to Bolivia were Cinnamon ($1.81M), Coconuts, Brazil Nuts, and Cashews ($118k), and Non-Knit Women's Suits ($107k). Over the past 5 years the exports of Sri Lanka to Bolivia have increased at an annualized rate of 6.21%, from $2.16M in 2018 to $2.92M in 2023.

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

Bolivia-Sri Lanka Trade: In 2023, Bolivia exported $1.32k to Sri Lanka. The main products that Bolivia exported to Sri Lanka were Coconuts, Brazil Nuts, and Cashews ($695), Other Edible Preparations ($590), and Centrifuges ($33). Over the past 5 years the exports of Bolivia to Sri Lanka have decreased at an annualized rate of 32.3%,  from $9.27k in 2018 to $1.32k in 2023.

In 2023, Bolivia 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, Bolivia ranked 105 in the Economic Complexity Index (ECI -0.85), and 103 in total exports ($10.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Sri Lanka exported $2.92M to Bolivia. The main products exported from Sri Lanka to Bolivia were Cinnamon ($1.81M), Coconuts, Brazil Nuts, and Cashews ($118k), and Non-Knit Women's Suits ($107k). During the last 5 years the exports of Sri Lanka to Bolivia have increased at an annualized rate of 6.21%, from $2.16M in 2018 to $2.92M in 2023.

In 2018, Bolivia exported $1.32k to Sri Lanka. The main products exported from Bolivia to Sri Lanka were Coconuts, Brazil Nuts, and Cashews ($695), Other Edible Preparations ($590), and Centrifuges ($33). During the last 5 years the exports of Bolivia to Sri Lanka have decreased at an annualized rate of 32.3%, from $9.27k in 2023 to $1.32k in 2018.

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

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

Latest Data

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

Sri Lanka Exports

Date

Bolivia Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$2.98B
Bolivia
Top DestinationBrazil$1.54B

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

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

In 2023, countries that imported more from Bolivia than Sri Lanka included Brazil ($1.54B), Argentina ($1.15B), and China ($1.21B).

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

Comparative Advantage Sri Lanka - Bolivia

Flow
Scale

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

During 2023, Sri Lanka had a large net trade with Bolivia in the exports of Vegetable Products ($2.03M), Textiles ($481k), and Plastics and Rubbers ($188k).

During 2018, Bolivia had a large net trade with Sri Lanka in the exports of Vegetable Products ($695), Foodstuffs ($590), and Machines ($33).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Sri Lanka Bolivia+$194kRubber Tires
Top Product Potential Bolivia Sri Lanka+$3.77kGold

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.

Subscribe today to OEC pro and access the latest data

Sign Up

Subscribe today to OEC pro and access the latest data

Sign Up

Economic Complexity

Competitive Landscape

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

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

Keep Exploring

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with
About the OECPrivacy PolicyTerms