Venezuela (VEN) and Sri Lanka (LKA) Trade | The Observatory of Economic Complexity

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Venezuela-Sri Lanka Trade: In 2022, Venezuela exported $83.4k to Sri Lanka. The main products that Venezuela exported to Sri Lanka were Other Coloring Matter ($55.9k), Plastic Lids ($10.5k), and Cleaning Products ($6.67k). Over the past 6 years the exports of Venezuela to Sri Lanka have increased at an annualized rate of 15.7%, from $34.8k in 2016 to $83.4k in 2022.

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

Sri Lanka-Venezuela In N/A, Sri Lanka did not export any products to Venezuela.

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

Comparison: In 2022, Venezuela ranked 107 in the Economic Complexity Index (ECI -0.87), and 132 in total exports ($4.3B). 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

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Venezuela exported $83.4k to Sri Lanka. The main products exported from Venezuela to Sri Lanka were Other Coloring Matter ($55.9k), Plastic Lids ($10.5k), and Cleaning Products ($6.67k). During the last 6 years the exports of Venezuela to Sri Lanka have increased at an annualized rate of 15.7%, from $34.8k in 2016 to $83.4k in 2022.

Sri Lanka does not register exports to Venezuela. The main products exported from Sri Lanka to Venezuela were Packaged Medicaments ($294k), Rubber Tires ($162k), and Tea ($146k).

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

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

Latest Data

Trade between Venezuela () and Sri Lanka ()

Sri Lanka Exports

Date

Feb 2012

Jan 2012

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Venezuela
Top DestinationChina$703M

Sri Lanka
Top DestinationUnited States$3.52B

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

In 2022, countries that imported more from Venezuela than Sri Lanka included Turkey ($597M), China ($703M), and Spain ($518M).

In 2022, countries that imported more from Sri Lanka than Venezuela included United States ($3.52B), United Kingdom ($1.04B), and India ($1.12B).

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

Comparative Advantage Venezuela - Sri Lanka

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2022, Venezuela had a large net trade with Sri Lanka in the exports of Chemical Products ($64.5k), Plastics and Rubbers ($10.6k), and Foodstuffs ($6.28k).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Venezuela and Sri Lanka. This means that a dot/product with the flag of Venezuela 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 Venezuela.

About

Historical Data

Bilateral Trade by Products

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

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

Latest Data

Trade between Venezuela () and Sri Lanka ()

Sri Lanka Exports

Market Competitiveness

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

Comparative Advantage Venezuela - Sri Lanka

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

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

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