Sri Lanka (LKA) and Portugal (PRT) Trade | The Observatory of Economic Complexity

About

In N/A, Sri Lanka did not export any services to Portugal.

Portugal-Sri Lanka Trade: In N/A, 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 N/A years the exports of Portugal to Sri Lanka have increased at an annualized rate of 15.5%, from $9.41M in N/A to $19.3M in N/A.

In N/A, 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

Sri Lanka does not register exports 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).

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 () to Portugal () (2022)

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

Latest Data

Trade between Sri Lanka () and Portugal ()

Sri Lanka Exports

Date

Feb 2012

Jan 2012

undefined

Portugal Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

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 () and Sri Lanka () (2022)

Comparative Advantage Sri Lanka - Portugal

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

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

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

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.

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

Year

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.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Sri Lanka () and Portugal ()

Sri Lanka Exports

Portugal Exports

Market Competitiveness

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

Comparative Advantage Sri Lanka - Portugal

Potential Exports

Potential Exports

Subscribe today to OEC pro and access the latest data

Subscribe today to OEC pro and access the latest data

Economic Complexity

Competitive Landscape

Product Space of Sri Lanka () and Portugal () (2022)

Keep Exploring