2020
Exports
$386World Rnk 0 / 0
Flag Rnk 0 / 0
falsefalseN/A
2022
PRODUCT COMPLEXITY IN Borates
-0.2Rnk 618 / 1025
2020
Imports
$392kWorld Rnk 81 / 184
Flag Rnk 834 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Imports In 2022, Sri Lanka imported $392k in Borates, becoming the 81st largest importer of Borates in the world. At the same year, Borates was the 834th most imported product in Sri Lanka. Sri Lanka imports Borates primarily from: Turkey ($233k), India ($96.2k), United States ($46.4k), Australia ($9.42k), and United Kingdom ($5.67k).

The fastest growing import markets in Borates for Sri Lanka between 2021 and 2022 were India ($32.1k), Turkey ($19.2k), and United Kingdom ($2.92k).

Latest Trends

Jul 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 Borates. 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 (2020)$386
IMPORTS (2022)$392k
NET TRADE (2022)-$392k

In 2022, Sri Lanka imported $392k in Borates, mainly from Turkey ($233k), India ($96.2k), United States ($46.4k), Australia ($9.42k), and United Kingdom ($5.67k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Borates were:
In 2022, Sri Lanka's main importing competitors in Borates were:

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Trade Value of Borates by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $484
TOP IMPORT POTENTIALUnited States+ $33.8k

Borates’s highest export potential is China. With an export gap of $484.   Borates’s highest import potential is United States with an import gap of $33.8k.

See methodology.

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