Exports In 2023, Sri Lanka exported $14.6M in Iron & steel, making it the 139th largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 58th most exported product in Sri Lanka. The main destination of Iron & steel exports from Sri Lanka are: India ($7.07M), Maldives ($3.14M), Malaysia ($1.74M), Oman ($1.17M), and Slovakia ($408k).
The fastest growing export markets for Iron & steel of Sri Lanka between 2022 and 2023 were India ($3.54M), Malaysia ($952k), and Oman ($525k).
Imports In 2023, Sri Lanka imported $468M in Iron & steel, becoming the 91st largest importer of Iron & steel in the world. At the same year, Iron & steel was the 9th most imported product in Sri Lanka. Sri Lanka imports Iron & steel primarily from: China ($182M), India ($154M), South Africa ($25.5M), United Arab Emirates ($20.1M), and Qatar ($14.7M).
The fastest growing import markets in Iron & steel for Sri Lanka between 2022 and 2023 were China ($53.9M), India ($21M), and South Africa ($19.8M).
COMPANIES In 2024, leading companies such as SIGMA Corp (23), John Deere (8), and Kontoor Brands (6) were at the forefront of shipping Iron & steel from Sri Lanka to the United States.