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2022
Exports $33.2kWorld Rnk 55 / 92
Flag Rnk 775 / 1074
2022
Destination $20k Oman
2021 - 2022
FASTEST GROWING MARKET $20kOman
2022
PRODUCT COMPLEXITY IN Artificial Textile Machinery1.99Rnk 5 / 1025
2022
Imports $2.27MWorld Rnk 46 / 168
Flag Rnk 525 / 1171
2022
Origin $3.02k Germany
2021 - 2022
FASTEST GROWING ORIGIN $3.02kTurkey
2022
ECONOMIC COMPLEXITY of Sri Lanka-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $33.2k in Artificial Textile Machinery, making it the 55th largest exporter of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 775th most exported product in Sri Lanka. The main destination of Artificial Textile Machinery exports from Sri Lanka are: Oman ($20k) and United Kingdom ($13.1k).

The fastest growing export markets for Artificial Textile Machinery of Sri Lanka between 2021 and 2022 were Oman ($20k).

Imports In 2022, Sri Lanka imported $2.27M in Artificial Textile Machinery, becoming the 46th largest importer of Artificial Textile Machinery in the world. At the same year, Artificial Textile Machinery was the 525th most imported product in Sri Lanka. Sri Lanka imports Artificial Textile Machinery primarily from: Germany ($2.23M), China ($28k), Turkey ($3.02k), Singapore ($1.72k), and Hong Kong ($306).

The fastest growing import markets in Artificial Textile Machinery for Sri Lanka between 2021 and 2022 were Turkey ($3.02k).

Latest Trends

Oct 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 Artificial Textile Machinery. 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 (2022)$33.2k
IMPORTS (2022)$2.27M
NET TRADE (2022)-$2.23M

In 2022, Sri Lanka exported $33.2k in Artificial Textile Machinery. The main destinations of Sri Lanka exports on Artificial Textile Machinery were Oman ($20k) and United Kingdom ($13.1k).

In 2022, Sri Lanka imported $2.27M in Artificial Textile Machinery, mainly from Germany ($2.23M), China ($28k), Turkey ($3.02k), Singapore ($1.72k), and Hong Kong ($306).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Artificial Textile Machinery EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):Oman$20k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Artificial Textile Machinery BY Sri Lanka WERE (2021 - 2022):United Kingdom-$1.13k (-7.88%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Artificial Textile Machinery were:
Germany $678M
China $325M
Japan $159M
In 2022, Sri Lanka's main importing competitors in Artificial Textile Machinery were:
China $489M
Turkey $190M
India $161M

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Trade Value of Artificial Textile Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.21k
TOP IMPORT POTENTIALChina+ $31.6k

Artificial Textile Machinery’s highest export potential is China. With an export gap of $1.21k.   Artificial Textile Machinery’s highest import potential is China with an import gap of $31.6k.

See methodology.

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