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2022
Exports $536MWorld Rnk 16 / 215
Flag Rnk 6 / 1074
falsefalse United States
2021 - 2022
FASTEST GROWING MARKETfalseSpain
2022
PRODUCT COMPLEXITY IN Knit Women's Suits-1.27Rnk 900 / 1025
2022
Imports $8.47MWorld Rnk 127 / 220
Flag Rnk 269 / 1171
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Sri Lanka-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $536M in Knit Women's Suits, making it the 16th largest exporter of Knit Women's Suits in the world. At the same year, Knit Women's Suits was the 6th most exported product in Sri Lanka. The main destination of Knit Women's Suits exports from Sri Lanka are: United States ($223M), United Kingdom ($86.7M), Belgium ($30.6M), Canada ($28.6M), and Germany ($19.7M).

The fastest growing export markets for Knit Women's Suits of Sri Lanka between 2021 and 2022 were Spain ($8.13M), Kuwait ($3.72M), and India ($3.71M).

Imports In 2022, Sri Lanka imported $8.47M in Knit Women's Suits, becoming the 127th largest importer of Knit Women's Suits in the world. At the same year, Knit Women's Suits was the 269th most imported product in Sri Lanka. Sri Lanka imports Knit Women's Suits primarily from: China ($2.64M), Bangladesh ($2.18M), India ($1.66M), United Kingdom ($907k), and Vietnam ($371k).

COMPANIES In 2023, leading companies such as David's Bridal (15), Mystic Apparel (13), and Athleta (7) were at the forefront of shipping Knit Women's Suits from Sri Lanka to the United States.

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 Knit Women's Suits. 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)$536M
IMPORTS (2022)$8.47M
NET TRADE (2022)$528M

In 2022, Sri Lanka exported $536M in Knit Women's Suits. The main destinations of Sri Lanka exports on Knit Women's Suits were United States ($223M), United Kingdom ($86.7M), Belgium ($30.6M), Canada ($28.6M), and Germany ($19.7M).

In 2022, Sri Lanka imported $8.47M in Knit Women's Suits, mainly from China ($2.64M), Bangladesh ($2.18M), India ($1.66M), United Kingdom ($907k), and Vietnam ($371k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Knit Women's Suits EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Spain$8.13M (207%)
Kuwait$3.72M (374%)
India$3.71M (61%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Women's Suits BY Sri Lanka WERE (2021 - 2022):
Belgium-$29.3M (-48.9%)
Germany-$10.6M (-35.1%)
Austria-$3.22M (-78.7%)
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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 Knit Women's Suits were:
China $13.9B
Bangladesh $4.08B
Vietnam $3.48B
In 2022, Sri Lanka's main importing competitors in Knit Women's Suits were:
United States $8.38B
Germany $5.04B
United Kingdom $2.14B

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Trade Value of Knit Women's Suits by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $51.5M
TOP IMPORT POTENTIALChina+ $3.04M

Knit Women's Suits’s highest export potential is United States. With an export gap of $51.5M.   Knit Women's Suits’s highest import potential is China with an import gap of $3.04M.

See methodology.

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