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2022
Exports $102kWorld Rnk 33 / 93
Flag Rnk 648 / 1074
2022
Destination $51.6k United States
2021 - 2022
FASTEST GROWING MARKET $51.6kUnited States
2022
Imports $104kWorld Rnk 53 / 163
Flag Rnk 961 / 1171
2022
Origin $62.3k Bangladesh
2021 - 2022
FASTEST GROWING ORIGIN $62.3kBangladesh
2022
ECONOMIC COMPLEXITY of Sri Lanka-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $102k in Jute and Other Textile Fibers, making it the 33rd largest exporter of Jute and Other Textile Fibers in the world. At the same year, Jute and Other Textile Fibers was the 648th most exported product in Sri Lanka. The main destination of Jute and Other Textile Fibers exports from Sri Lanka are: United States ($85.6k), Hong Kong ($15.8k), and Oman ($682).

The fastest growing export markets for Jute and Other Textile Fibers of Sri Lanka between 2021 and 2022 were United States ($51.6k), Hong Kong ($15.8k), and Oman ($682).

Imports In 2022, Sri Lanka imported $104k in Jute and Other Textile Fibers, becoming the 53rd largest importer of Jute and Other Textile Fibers in the world. At the same year, Jute and Other Textile Fibers was the 961st most imported product in Sri Lanka. Sri Lanka imports Jute and Other Textile Fibers primarily from: Bangladesh ($104k), India ($340), United Arab Emirates ($6), and Singapore ($6).

The fastest growing import markets in Jute and Other Textile Fibers for Sri Lanka between 2021 and 2022 were Bangladesh ($62.3k), United Arab Emirates ($6), and Singapore ($6).

Latest Trends

Sep 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 Jute and Other Textile Fibers. 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)$102k
IMPORTS (2022)$104k
NET TRADE (2022)-$2.15k

In 2022, Sri Lanka exported $102k in Jute and Other Textile Fibers. The main destinations of Sri Lanka exports on Jute and Other Textile Fibers were United States ($85.6k), Hong Kong ($15.8k), and Oman ($682).

In 2022, Sri Lanka imported $104k in Jute and Other Textile Fibers, mainly from Bangladesh ($104k), India ($340), United Arab Emirates ($6), and Singapore ($6).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jute and Other Textile Fibers EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
United States$51.6k (152%)
Hong Kong$15.8k (1%)
Oman$682 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jute and Other Textile Fibers BY Sri Lanka WERE (2021 - 2022):
South Africa-$22.4k (-100%)
Italy-$22.2k (-100%)
Vietnam-$109 (-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 Jute and Other Textile Fibers were:
Bangladesh $205M
India $29.1M
Tanzania $24.1M
In 2022, Sri Lanka's main importing competitors in Jute and Other Textile Fibers were:
India $97.2M
Pakistan $52M
Nepal $33.2M

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Trade Value of Jute and Other Textile Fibers by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $979
TOP IMPORT POTENTIALIndia+ $1.12k

Jute and Other Textile Fibers’s highest export potential is India. With an export gap of $979.   Jute and Other Textile Fibers’s highest import potential is India with an import gap of $1.12k.

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