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Pricing

2022
Flag → Flag
Exports $78.5MRnk 34 / 194
2022
Flag → Flag
Top Product $19.5MRubber Apparel
2022
Flag → Flag
Exports $24.7MRnk 149 / 223
2022
Flag → Flag
Top Product $8.3MSynthetic Rubber
2022
Flag
Economic Complexity (ECI) ECI -0.35Rnk 82 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.36Rnk 49 / 133
2022
Flag  
GDP$74.4BCURRENT US$
Rnk 76 / 186
2012-2022
Flag
GDP GROWTH5.62%CURRENT US$
Rnk 153 / 186
2022
Flag
 GDP$1.92TCURRENT US$
Rnk 11 / 186
2012-2022
Flag
GDP GROWTH-22.1%CURRENT US$
Rnk 180 / 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$8,918CURRENT US$
Rnk 82 / 186
2012-2022
Flag
GDP PC GROWTH-27.7%CURRENT US$
Rnk 177 / 186

About

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.

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.

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, Brazil ranked 49 in the Economic Complexity Index (ECI 0.36), and 25 in total exports ($341B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, 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 2017 to $78.5M in 2022.

In 2017, 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 2022 to $24.7M in 2017.

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

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

Latest Data

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

Sri Lanka Exports

Date

Brazil Exports

Market Competitiveness

Color
Sri Lanka
Top DestinationUnited States$3.52B
Brazil
Top DestinationChina$90.1B

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

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

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

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

Comparative Advantage Sri Lanka - Brazil

Flow
Scale

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

During 2022, 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).

During 2017, 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).

Potential Exports

Potential Exports

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

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 Brazil. This means that a dot/product with the flag of Sri Lanka indicates it has a comparative advantage over Brazil. Similarly, a dot/product with the flag of Brazil indicates it has a comparative advantage over Sri Lanka.

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

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