2022
Exports
$406MWorld Rnk 2 / 185
Flag Rnk 9 / 1074
2022
PRODUCT COMPLEXITY IN Knit Gloves
-0.99Rnk 839 / 1025
2022
Imports
$7.76MWorld Rnk 63 / 218
Flag Rnk 287 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $406M in Knit Gloves, making it the 2nd largest exporter of Knit Gloves in the world. At the same year, Knit Gloves was the 9th most exported product in Sri Lanka. The main destination of Knit Gloves exports from Sri Lanka are: United States ($154M), Germany ($56.6M), Belgium ($23M), Australia ($22.3M), and United Kingdom ($14.1M).

The fastest growing export markets for Knit Gloves of Sri Lanka between 2021 and 2022 were United States ($20.7M), Portugal ($3.31M), and Switzerland ($1.99M).

Imports In 2022, Sri Lanka imported $7.76M in Knit Gloves, becoming the 63rd largest importer of Knit Gloves in the world. At the same year, Knit Gloves was the 287th most imported product in Sri Lanka. Sri Lanka imports Knit Gloves primarily from: China ($5.28M), Pakistan ($1.51M), Bangladesh ($358k), India ($199k), and Indonesia ($161k).

The fastest growing import markets in Knit Gloves for Sri Lanka between 2021 and 2022 were Pakistan ($205k), Indonesia ($161k), and India ($69.5k).

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 Knit Gloves. 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)$406M
IMPORTS (2022)$7.76M
NET TRADE (2022)$399M

In 2022, Sri Lanka exported $406M in Knit Gloves. The main destinations of Sri Lanka exports on Knit Gloves were United States ($154M), Germany ($56.6M), Belgium ($23M), Australia ($22.3M), and United Kingdom ($14.1M).

In 2022, Sri Lanka imported $7.76M in Knit Gloves, mainly from China ($5.28M), Pakistan ($1.51M), Bangladesh ($358k), India ($199k), and Indonesia ($161k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Gloves EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
United States$20.7M (15.5%)
Portugal$3.31M (42%)
Switzerland$1.99M (88.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Gloves BY Sri Lanka WERE (2021 - 2022):
Belgium-$13.9M (-37.7%)
Sweden-$5.99M (-49.7%)
Australia-$3.35M (-13.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Knit Gloves were:
China $3.35B
In 2022, Sri Lanka's main importing competitors in Knit Gloves were:

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Trade Value of Knit Gloves by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $2.92M
TOP IMPORT POTENTIALChina+ $1.41M

Knit Gloves’s highest export potential is Japan. With an export gap of $2.92M.   Knit Gloves’s highest import potential is China with an import gap of $1.41M.

See methodology.

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