Soldering and Welding Machinery in Sri Lanka

EXPORTS (2018): $2.57M, World Rnk 40 / 131
Flag Rnk 225 / 940

TOP DESTINATION (2018): $2.53M, India

FASTEST GROWING MARKET (2017 - 2018): $2.53M, India

IMPORTS (2018): $727k, World Rnk 97 / 203
Flag Rnk 754 / 1125

TOP ORIGIN (2018): $323k, China

FASTEST GROWING ORIGIN (2017 - 2018): $77.4k, India

ECONOMIC COMPLEXITY of Sri Lanka (2018): -0.65, Rnk 97 / 137

PRODUCT COMPLEXITY  IN Soldering and Welding Machinery (2018): 1.23, Rnk 96 / 1018

Overview: This page contains the latest trade data of Soldering and Welding Machinery in Sri Lanka.

Exports: In 2018, Sri Lanka exported $2.57M in Soldering and Welding Machinery, making it the 40th largest exporter of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 225th most exported product in Sri Lanka. The main destination of Soldering and Welding Machinery exports from Sri Lanka are: India ($2.53M), Maldives ($29.9k), Singapore ($6.56k), United Kingdom ($3.82k), and Australia ($3.32k).

The fastest growing export markets for Soldering and Welding Machinery of Sri Lanka between 2017 and 2018 were India ($2.53M), Maldives ($23.2k), and Singapore ($6.56k).

Imports: In 2018, Sri Lanka imported $727k in Soldering and Welding Machinery, becoming the 97th largest importer of Soldering and Welding Machinery in the world. At the same year, Soldering and Welding Machinery was the 754th most imported product in Sri Lanka. Sri Lanka imports Soldering and Welding Machinery primarily from: China ($323k), India ($153k), Germany ($79.3k), Malaysia ($47.8k), and Italy ($25.9k).

The fastest growing import markets in Soldering and Welding Machinery for Sri Lanka between 2017 and 2018 were India ($77.4k), Germany ($59.3k), and Austria ($18.5k).

Value

EXPORTS (2018): $2.57M

IMPORTS (2018): $727k

NET TRADE (2018): $1.84M

In 2018, Sri Lanka exported $2.57M in Soldering and Welding Machinery. The main destinations of Sri Lanka exports on Soldering and Welding Machinery were India ($2.53M), Maldives ($29.9k), Singapore ($6.56k), United Kingdom ($3.82k), and Australia ($3.32k).

In 2018, Sri Lanka imported $727k in Soldering and Welding Machinery, mainly from China ($323k), India ($153k), Germany ($79.3k), Malaysia ($47.8k), and Italy ($25.9k).

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IN 2018, Sri Lanka HAD A POSITIVE NET TRADE IN Soldering and Welding Machinery WITH:

  • India, $2.37M ($2.53M - $153k)
  • Maldives, $29.9k ($29.9k - $0)
  • Singapore, $6.56k ($6.56k - $0)

IN 2018, Sri Lanka HAD A NEGATIVE NET TRADE IN Soldering and Welding Machinery WITH:

  • China, -$323k ($0 - $323k)
  • Germany, -$79.3k ($0 - $79.3k)
  • Malaysia, -$47.8k ($0 - $47.8k)
Flow

THE FASTEST GROWING Soldering and Welding Machinery EXPORT MARKETS FOR Sri Lanka WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soldering and Welding Machinery BY Sri Lanka WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, Sri Lanka's main exporting competitors in Soldering and Welding Machinery were:

In 2018, Sri Lanka's main importing competitors in Soldering and Welding Machinery were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Soldering and Welding Machinery in Sri Lanka. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the tariffs for Soldering and Welding Machinery in the imports of Sri Lanka were of 0% around the world.

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