2023
Exports
$5.03MWorld Rnk 78 / 176
Flag Rnk 195 / 1073
2023
PRODUCT COMPLEXITY IN Aluminium Bars
-0.075Rnk 584 / 1025
2023
Imports
$7.16MWorld Rnk 120 / 217
Flag Rnk 289 / 1170
2023
ECONOMIC COMPLEXITY of Sri Lanka
-0.44Rnk 85 / 132

About

Exports In 2023, Sri Lanka exported $5.03M in Aluminium Bars, making it the 78th largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 195th most exported product in Sri Lanka. The main destination of Aluminium Bars exports from Sri Lanka are: Australia ($1.6M), New Zealand ($1.34M), United States ($936k), Italy ($473k), and United Kingdom ($244k).

The fastest growing export markets for Aluminium Bars of Sri Lanka between 2022 and 2023 were New Zealand ($1.08M), Australia ($905k), and Colombia ($179k).

Imports In 2023, Sri Lanka imported $7.16M in Aluminium Bars, becoming the 120th largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 289th most imported product in Sri Lanka. Sri Lanka imports Aluminium Bars primarily from: China ($3.9M), India ($2.24M), Singapore ($169k), Switzerland ($150k), and Chinese Taipei ($125k).

The fastest growing import markets in Aluminium Bars for Sri Lanka between 2022 and 2023 were India ($910k), China ($444k), and Switzerland ($69.6k).

Latest Trends

Dec 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Aluminium Bars. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$5.03M
IMPORTS (2023)$7.16M
NET TRADE (2023)-$2.13M

In 2023, Sri Lanka exported $5.03M in Aluminium Bars. The main destinations of Sri Lanka exports on Aluminium Bars were Australia ($1.6M), New Zealand ($1.34M), United States ($936k), Italy ($473k), and United Kingdom ($244k).

In 2023, Sri Lanka imported $7.16M in Aluminium Bars, mainly from China ($3.9M), India ($2.24M), Singapore ($169k), Switzerland ($150k), and Chinese Taipei ($125k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Sri Lanka WERE (2022 - 2023):
New Zealand$1.08M (415%)
Australia$905k (129%)
Colombia$179k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Sri Lanka WERE (2022 - 2023):
United Kingdom-$1.66M (-87.2%)
Singapore-$148k (-93.2%)
Maldives-$78.7k (-44%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Sri Lanka's main exporting competitors in Aluminium Bars were:
China $3.08B
Turkey $1.85B
In 2023, Sri Lanka's main importing competitors in Aluminium Bars were:

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $692k
TOP IMPORT POTENTIALChina+ $1.55M

Aluminium Bars’s highest export potential is United States. With an export gap of $692k.   Aluminium Bars’s highest import potential is China with an import gap of $1.55M.

See methodology.

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