2023
Exports
$32.9MWorld Rnk 34 / 181
Flag Rnk 72 / 1073
2023
PRODUCT COMPLEXITY IN LCDs
0.88Rnk 215 / 1025
2023
Imports
$2.31MWorld Rnk 91 / 215
Flag Rnk 494 / 1170
2023
ECONOMIC COMPLEXITY of Sri Lanka
-0.44Rnk 85 / 132

About

Exports In 2023, Sri Lanka exported $32.9M in LCDs, making it the 34th largest exporter of LCDs in the world. At the same year, LCDs was the 72nd most exported product in Sri Lanka. The main destination of LCDs exports from Sri Lanka are: United States ($15.4M), United Kingdom ($13.1M), Japan ($3.65M), Thailand ($241k), and Spain ($153k).

The fastest growing export markets for LCDs of Sri Lanka between 2022 and 2023 were United States ($4.05M), Spain ($148k), and Hong Kong ($144k).

Imports In 2023, Sri Lanka imported $2.31M in LCDs, becoming the 91st largest importer of LCDs in the world. At the same year, LCDs was the 494th most imported product in Sri Lanka. Sri Lanka imports LCDs primarily from: Japan ($1.62M), China ($127k), United Kingdom ($88.1k), Spain ($87.2k), and Germany ($82.3k).

The fastest growing import markets in LCDs for Sri Lanka between 2022 and 2023 were Japan ($1.1M), United Kingdom ($69.9k), and Spain ($50.8k).

Latest Trends

Jan 2025

Subnational Monthly Trade

View
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 LCDs. 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 (2023)$32.9M
IMPORTS (2023)$2.31M
NET TRADE (2023)$30.6M

In 2023, Sri Lanka exported $32.9M in LCDs. The main destinations of Sri Lanka exports on LCDs were United States ($15.4M), United Kingdom ($13.1M), Japan ($3.65M), Thailand ($241k), and Spain ($153k).

In 2023, Sri Lanka imported $2.31M in LCDs, mainly from Japan ($1.62M), China ($127k), United Kingdom ($88.1k), Spain ($87.2k), and Germany ($82.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING LCDs EXPORT MARKETS FOR Sri Lanka WERE (2022 - 2023):
United States$4.05M (35.6%)
Spain$148k (2.89k%)
Hong Kong$144k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF LCDs BY Sri Lanka WERE (2022 - 2023):
United Kingdom-$12.7M (-49.2%)
Thailand-$776k (-76.3%)
India-$66.7k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Sri Lanka's main exporting competitors in LCDs were:
In 2023, Sri Lanka's main importing competitors in LCDs were:

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Trade Value of LCDs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.91M
TOP IMPORT POTENTIALChina+ $252k

LCDs’s highest export potential is United States. With an export gap of $4.91M.   LCDs’s highest import potential is China with an import gap of $252k.

See methodology.

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