{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:17.419Z",
  "seo": {
    "title": "Sri Lanka exports to Belgium: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Sri Lanka to Belgium, the product routes that need a closer look, and the conditions that may affect planning."
  },
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "email": "support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "exporter": {
    "iso3": "LKA",
    "country_name": "Sri Lanka"
  },
  "importer": {
    "iso3": "BEL",
    "country_name": "Belgium"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "LKA",
    "importer_iso3": "BEL",
    "all_history_lane_count": 105,
    "current_lane_count": 73,
    "current_product_count": 73,
    "first_observed_last_year": 2001,
    "latest_data_year": 2024,
    "current_trade_usd": 169406897.29875442,
    "attention_trade_usd": 119151465.38281606,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 46257575.083219044,
    "unrecovered_drawdown_trade_usd": 61044106.58025053,
    "declining_demand_trade_usd": 4181637.8233046345,
    "concentrated_market_trade_usd": 39904929.30142751,
    "access_friction_trade_usd": 169406897.29875442,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 18,
    "high_volatility_lane_count": 36,
    "unrecovered_drawdown_lane_count": 48,
    "declining_demand_lane_count": 3,
    "concentrated_market_lane_count": 12,
    "access_friction_lane_count": 73,
    "trade_weighted_volatility_cv": 0.760634741205787,
    "trade_weighted_below_peak_pct": 32.87979511819771,
    "product_concentration_hhi": 791.5436230130691,
    "top1_product_share_pct": 20.489233675714466,
    "top3_product_share_pct": 36.80070650093348,
    "top_product_hs6": "401290",
    "top_product_trade_usd": 34710175.05031941,
    "top_product_description": "Rubber: tyres n.e.c. in heading no. 4012",
    "top_attention_product_hs6": "401290",
    "top_attention_product_reason": "The buyer market is concentrated among relatively few suppliers",
    "distance_km": 8404.4423828125,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": null,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 1.6844912583424247,
    "avg_mfn_tariff_pct": 5.920413126868687,
    "avg_preferential_tariff_pct": 1.3653678115795473,
    "tariff_advantage_pp": 4.5550453152891395,
    "buyer_biz_entry_days": 5,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 599879.025378,
    "buyer_gdp_pc_latest": 51768,
    "buyer_population_latest": 11587.882,
    "buyer_gdp_5y_cagr_pct": 4.5783569491818055,
    "buyer_gdp_pc_5y_cagr_pct": 3.918136849252618,
    "buyer_population_5y_cagr_pct": 0.6353271141561478,
    "buyer_investment_5y_avg_pct": 23.874000000000002,
    "buyer_savings_5y_avg_pct": 24.938,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 70.33448300082415,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "high_volatility",
      "unrecovered_drawdown",
      "declining_buyer_demand",
      "concentrated_buyer_markets",
      "market_access_friction"
    ],
    "attention_level": "High attention",
    "primary_risk_reason": "Tariff, distance or agreement conditions create market-access friction",
    "buyer_gdp_mn_2024": 599879.025378,
    "buyer_gdp_pc_2024": 51768,
    "buyer_population_2024": 11587.882
  },
  "history": [
    {
      "year": 1999,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 184116030.41480994,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 2000,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 199499859.48028192,
      "yoy_growth_pct": 8.355507682200457,
      "cagr_3y_pct": null
    },
    {
      "year": 2001,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 161487823.90394372,
      "yoy_growth_pct": -19.053665338593994,
      "cagr_3y_pct": null
    },
    {
      "year": 2002,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 237818046.3940572,
      "yoy_growth_pct": 47.266859286874954,
      "cagr_3y_pct": 8.905814672436186
    },
    {
      "year": 2003,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 202910639.64535958,
      "yoy_growth_pct": -14.678199269561375,
      "cagr_3y_pct": 0.5666712537772955
    },
    {
      "year": 2004,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 255507330.42447662,
      "yoy_growth_pct": 25.92111033262907,
      "cagr_3y_pct": 16.525558734441415
    },
    {
      "year": 2005,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 298719199.2762454,
      "yoy_growth_pct": 16.912183607405918,
      "cagr_3y_pct": 7.896190122262103
    },
    {
      "year": 2006,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 350794171.6967306,
      "yoy_growth_pct": 17.432750404612605,
      "cagr_3y_pct": 20.01877316127787
    },
    {
      "year": 2007,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 382184573.89819944,
      "yoy_growth_pct": 8.948381910006908,
      "cagr_3y_pct": 14.364156128371697
    },
    {
      "year": 2008,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 407099240.2046848,
      "yoy_growth_pct": 6.519014112045696,
      "cagr_3y_pct": 10.869575608358662
    },
    {
      "year": 2009,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 358127885.1430596,
      "yoy_growth_pct": -12.02934081552276,
      "cagr_3y_pct": 0.6920670467430279
    },
    {
      "year": 2010,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 326946240.2655026,
      "yoy_growth_pct": -8.70684640072109,
      "cagr_3y_pct": -5.070528152685927
    },
    {
      "year": 2011,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 445934988.2370893,
      "yoy_growth_pct": 36.393979595838054,
      "cagr_3y_pct": 3.083799824770539
    },
    {
      "year": 2012,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 401327010.13119304,
      "yoy_growth_pct": -10.003246949122458,
      "cagr_3y_pct": 3.8691913458423377
    },
    {
      "year": 2013,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 336255762.6738304,
      "yoy_growth_pct": -16.21402143755313,
      "cagr_3y_pct": 0.9402701675071734
    },
    {
      "year": 2014,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 240588999.28269026,
      "yoy_growth_pct": -28.450594461317035,
      "cagr_3y_pct": -18.591814972997945
    },
    {
      "year": 2015,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 212171924.0539605,
      "yoy_growth_pct": -11.811460754005587,
      "cagr_3y_pct": -19.140725249623724
    },
    {
      "year": 2016,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 227683494.92581537,
      "yoy_growth_pct": 7.310849887900295,
      "cagr_3y_pct": -12.187986042678556
    },
    {
      "year": 2017,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 245170546.63109964,
      "yoy_growth_pct": 7.680421328292586,
      "cagr_3y_pct": 0.6307809831404221
    },
    {
      "year": 2018,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 243742106.8857329,
      "yoy_growth_pct": -0.5826310562157655,
      "cagr_3y_pct": 4.73235810688335
    },
    {
      "year": 2019,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 250261009.46078306,
      "yoy_growth_pct": 2.674508175194479,
      "cagr_3y_pct": 3.20178625296752
    },
    {
      "year": 2020,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 231094694.50600138,
      "yoy_growth_pct": -7.658530186575119,
      "cagr_3y_pct": -1.9515889718918822
    },
    {
      "year": 2021,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 266703386.68416163,
      "yoy_growth_pct": 15.40870172475357,
      "cagr_3y_pct": 3.046360276246718
    },
    {
      "year": 2022,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 215150556.2288407,
      "yoy_growth_pct": -19.32964972670983,
      "cagr_3y_pct": -4.914033099075121
    },
    {
      "year": 2023,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 161542685.11140376,
      "yoy_growth_pct": -24.916445514748276,
      "cagr_3y_pct": -11.250528792078073
    },
    {
      "year": 2024,
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "export_value_usd": 177010811.30625623,
      "yoy_growth_pct": 9.575256338091243,
      "cagr_3y_pct": -12.771764511939377
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "hs_code": "401290",
      "hs_description": "Rubber: tyres n.e.c. in heading no. 4012",
      "buyer_imports_latest_usd": 53134288.58276454,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0.35220575417692845,
      "attention_level": "High attention",
      "primary_risk_reason": "The buyer market is concentrated among relatively few suppliers",
      "risk_driver_labels": [
        "concentrated_buyer_market",
        "dominant_supplier",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "hs_code": "401519",
      "hs_description": "Rubber: vulcanised (other than hard rubber), gloves other than surgical gloves",
      "buyer_imports_latest_usd": 101103390.32539156,
      "current_below_peak_pct": 15.960501688305095,
      "lane_volatility_cv": 1.1032389997518004,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "hs_code": "611610",
      "hs_description": "Gloves, mittens and mitts: knitted or crocheted, impregnated, coated or covered with plastics or rubber",
      "buyer_imports_latest_usd": 83590072.41605373,
      "current_below_peak_pct": 63.83419184475635,
      "lane_volatility_cv": 0.31507198794663893,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "hs_code": "620343",
      "hs_description": "Trousers, bib and brace overalls, breeches and shorts: men's or boys', of synthetic fibres (not knitted or crocheted)",
      "buyer_imports_latest_usd": 163807087.9789079,
      "current_below_peak_pct": 0.4000693474784405,
      "lane_volatility_cv": 0.5632719901849719,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": [
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "hs_code": "710239",
      "hs_description": "Diamonds: non-industrial, (other than unworked or simply sawn, cleaved or bruted), but not mounted or set",
      "buyer_imports_latest_usd": 4213743687.264604,
      "current_below_peak_pct": 95.53586110290652,
      "lane_volatility_cv": 0.9012760244550817,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "hs_code": "240210",
      "hs_description": "Cigars, cheroots and cigarillos: containing tobacco including the weight of every band, wrapper or attachment thereto",
      "buyer_imports_latest_usd": 90879701.22581857,
      "current_below_peak_pct": 4.633205704797783,
      "lane_volatility_cv": 1.1124098780996066,
      "attention_level": "High attention",
      "primary_risk_reason": "Trade has varied substantially across reported years",
      "risk_driver_labels": [
        "high_volatility",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "hs_code": "401511",
      "hs_description": "Rubber: vulcanised (other than hard rubber), surgical gloves",
      "buyer_imports_latest_usd": 75016857.58769283,
      "current_below_peak_pct": 15.149903641843554,
      "lane_volatility_cv": 0.792192117137266,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": [
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "hs_code": "090230",
      "hs_description": "Tea, black: (fermented) and partly fermented tea, in immediate packings of a content not exceeding 3kg",
      "buyer_imports_latest_usd": 33510849.70600894,
      "current_below_peak_pct": 18.476424051704797,
      "lane_volatility_cv": 0.7503088289805403,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": [
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "hs_code": "610990",
      "hs_description": "T-shirts, singlets and other vests: of textile materials (other than cotton), knitted or crocheted",
      "buyer_imports_latest_usd": 258291317.72887188,
      "current_below_peak_pct": 73.20839372419589,
      "lane_volatility_cv": 0.9336201745852146,
      "attention_level": "High attention",
      "primary_risk_reason": "Current trade remains more than 50% below its historical peak",
      "risk_driver_labels": [
        "unrecovered_drawdown",
        "long_distance_without_fta"
      ]
    },
    {
      "exporter_iso3": "LKA",
      "importer_iso3": "BEL",
      "hs_code": "610910",
      "hs_description": "T-shirts, singlets and other vests: of cotton, knitted or crocheted",
      "buyer_imports_latest_usd": 484503056.02712053,
      "current_below_peak_pct": 6.478367141511618,
      "lane_volatility_cv": 0.701965196836688,
      "attention_level": "Watch",
      "primary_risk_reason": "No material risk condition is currently identified",
      "risk_driver_labels": [
        "long_distance_without_fta"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "LKA",
    "importer_iso3": "BEL",
    "distance_km": 8396,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": 0,
    "shared_legal_system": 0,
    "shared_colonial_history": 0,
    "has_fta": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 1,
    "importer_gdp_million_usd": 599879.0253780001,
    "importer_gdp_per_capita_usd": 51767.78857240694,
    "importer_population": 11587.882,
    "importer_biz_entry_days": 5,
    "importer_biz_entry_cost_pct": 5.3,
    "exporter_gdp_million_usd": 84518.830393,
    "exporter_gdp_per_capita_usd": 3814.715219037733,
    "avg_applied_tariff_pct": 1.6844912583424247,
    "avg_mfn_tariff_pct": 5.920413126868687,
    "avg_preferential_tariff_pct": 1.3653678115795473,
    "tariff_advantage_pp": 4.5550453152891395
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-29",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-29"
      }
    ]
  },
  "links": {
    "canonical": "https://www.yugalinks.com/trade/corridor/LKA-BEL/risk",
    "html": "https://www.yugalinks.com/trade/corridor/LKA-BEL/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/LKA-BEL/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/LKA-BEL/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/LKA-BEL/risk/index.ld.json",
    "home": "https://www.yugalinks.com/",
    "tradeHub": "https://www.yugalinks.com/trade/",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "workspace": "https://www.yugalinks.com/app/corridors",
    "contact": "https://www.yugalinks.com/contact",
    "email": "mailto:support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  }
}