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2022
Exports $47.8kWorld Rnk 53 / 86
Flag Rnk 737 / 1074
2022
Destination $34k India
2021 - 2022
FASTEST GROWING MARKET $34kIndia
2022
PRODUCT COMPLEXITY IN Felt Machinery0.94Rnk 196 / 1025
2022
Imports $249kWorld Rnk 76 / 151
Flag Rnk 888 / 1171
2022
Origin $23k China
2021 - 2022
FASTEST GROWING ORIGIN $23kIndia
2022
ECONOMIC COMPLEXITY of Sri Lanka-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $47.8k in Felt Machinery, making it the 53rd largest exporter of Felt Machinery in the world. At the same year, Felt Machinery was the 737th most exported product in Sri Lanka. The main destination of Felt Machinery exports from Sri Lanka are: India ($34k) and Indonesia ($13.8k).

The fastest growing export markets for Felt Machinery of Sri Lanka between 2021 and 2022 were India ($34k) and Indonesia ($13.8k).

Imports In 2022, Sri Lanka imported $249k in Felt Machinery, becoming the 76th largest importer of Felt Machinery in the world. At the same year, Felt Machinery was the 888th most imported product in Sri Lanka. Sri Lanka imports Felt Machinery primarily from: China ($192k), Germany ($30.3k), India ($23k), Switzerland ($4.49k), and Japan ($90).

The fastest growing import markets in Felt Machinery for Sri Lanka between 2021 and 2022 were India ($23k), Switzerland ($4.49k), and Japan ($90).

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 Felt 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)$47.8k
IMPORTS (2022)$249k
NET TRADE (2022)-$202k

In 2022, Sri Lanka exported $47.8k in Felt Machinery. The main destinations of Sri Lanka exports on Felt Machinery were India ($34k) and Indonesia ($13.8k).

In 2022, Sri Lanka imported $249k in Felt Machinery, mainly from China ($192k), Germany ($30.3k), India ($23k), Switzerland ($4.49k), and Japan ($90).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Felt Machinery EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
India$34k (1%)
Indonesia$13.8k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt Machinery BY Sri Lanka WERE (2021 - 2022):
Maldives-$685 (-100%)
Singapore-$16 (-100%)
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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 Felt Machinery were:
Germany $410M
China $306M
France $133M
In 2022, Sri Lanka's main importing competitors in Felt Machinery were:
China $244M
United States $110M
India $104M

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Trade Value of Felt Machinery by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $438
TOP IMPORT POTENTIALChina+ $85.4k

Felt Machinery’s highest export potential is China. With an export gap of $438.   Felt Machinery’s highest import potential is China with an import gap of $85.4k.

See methodology.

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