2022
Exports
$292kWorld Rnk 56 / 122
Flag Rnk 522 / 1074
2022
Imports
$61.1kWorld Rnk 119 / 191
Flag Rnk 1013 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $292k in Densified Wood, making it the 56th largest exporter of Densified Wood in the world. At the same year, Densified Wood was the 522nd most exported product in Sri Lanka. The main destination of Densified Wood exports from Sri Lanka are: India ($184k), South Korea ($49.8k), Oman ($40.5k), United States ($16.3k), and Netherlands ($325).

The fastest growing export markets for Densified Wood of Sri Lanka between 2021 and 2022 were India ($35.7k), Oman ($10.6k), and United States ($4.01k).

Imports In 2022, Sri Lanka imported $61.1k in Densified Wood, becoming the 119th largest importer of Densified Wood in the world. At the same year, Densified Wood was the 1013th most imported product in Sri Lanka. Sri Lanka imports Densified Wood primarily from: China ($47.4k), Turkey ($12.5k), United Arab Emirates ($568), India ($333), and Singapore ($292).

The fastest growing import markets in Densified Wood for Sri Lanka between 2021 and 2022 were China ($44.6k), United Arab Emirates ($247), and Thailand ($8).

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 Densified Wood. 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)$292k
IMPORTS (2022)$61.1k
NET TRADE (2022)$230k

In 2022, Sri Lanka exported $292k in Densified Wood. The main destinations of Sri Lanka exports on Densified Wood were India ($184k), South Korea ($49.8k), Oman ($40.5k), United States ($16.3k), and Netherlands ($325).

In 2022, Sri Lanka imported $61.1k in Densified Wood, mainly from China ($47.4k), Turkey ($12.5k), United Arab Emirates ($568), India ($333), and Singapore ($292).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Densified Wood EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
India$35.7k (24%)
Oman$10.6k (35.2%)
United States$4.01k (32.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Densified Wood BY Sri Lanka WERE (2021 - 2022):
South Korea-$510 (-1.01%)
Singapore-$450 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Densified Wood by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $1.47k
TOP IMPORT POTENTIALChina+ $8.86k

Densified Wood’s highest export potential is Netherlands. With an export gap of $1.47k.   Densified Wood’s highest import potential is China with an import gap of $8.86k.

See methodology.

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