2023
Exports
$157MWorld Rnk 20 / 185
Flag Rnk 20 / 1073
2023
PRODUCT COMPLEXITY IN Light Rubberized Knitted Fabric
-0.42Rnk 672 / 1025
2023
Imports
$765MWorld Rnk 6 / 212
Flag Rnk 3 / 1170
2023
ECONOMIC COMPLEXITY of Sri Lanka
-0.44Rnk 85 / 132

About

Exports In 2023, Sri Lanka exported $157M in Light Rubberized Knitted Fabric, making it the 20th largest exporter of Light Rubberized Knitted Fabric in the world. At the same year, Light Rubberized Knitted Fabric was the 20th most exported product in Sri Lanka. The main destination of Light Rubberized Knitted Fabric exports from Sri Lanka are: Jordan ($49.7M), India ($31.6M), Bangladesh ($24.9M), Indonesia ($15.9M), and Kenya ($10.3M).

The fastest growing export markets for Light Rubberized Knitted Fabric of Sri Lanka between 2022 and 2023 were Jordan ($20.4M), Egypt ($3.04M), and Bangladesh ($2.13M).

Imports In 2023, Sri Lanka imported $765M in Light Rubberized Knitted Fabric, becoming the 6th largest importer of Light Rubberized Knitted Fabric in the world. At the same year, Light Rubberized Knitted Fabric was the 3rd most imported product in Sri Lanka. Sri Lanka imports Light Rubberized Knitted Fabric primarily from: China ($239M), India ($230M), Chinese Taipei ($92.4M), Italy ($70.9M), and Hong Kong ($31.9M).

The fastest growing import markets in Light Rubberized Knitted Fabric for Sri Lanka between 2022 and 2023 were Vietnam ($1.04M), Haiti ($844k), and Austria ($239k).

Latest Trends

Dec 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 Light Rubberized Knitted Fabric. 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)$157M
IMPORTS (2023)$765M
NET TRADE (2023)-$608M

In 2023, Sri Lanka exported $157M in Light Rubberized Knitted Fabric. The main destinations of Sri Lanka exports on Light Rubberized Knitted Fabric were Jordan ($49.7M), India ($31.6M), Bangladesh ($24.9M), Indonesia ($15.9M), and Kenya ($10.3M).

In 2023, Sri Lanka imported $765M in Light Rubberized Knitted Fabric, mainly from China ($239M), India ($230M), Chinese Taipei ($92.4M), Italy ($70.9M), and Hong Kong ($31.9M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Light Rubberized Knitted Fabric EXPORT MARKETS FOR Sri Lanka WERE (2022 - 2023):
Jordan$20.4M (70%)
Egypt$3.04M (246%)
Bangladesh$2.13M (9.35%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Light Rubberized Knitted Fabric BY Sri Lanka WERE (2022 - 2023):
India-$17.3M (-35.5%)
Kenya-$7.71M (-42.9%)
United Arab Emirates-$5.58M (-88.3%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Sri Lanka's main exporting competitors in Light Rubberized Knitted Fabric were:
In 2023, Sri Lanka's main importing competitors in Light Rubberized Knitted Fabric were:

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Trade Value of Light Rubberized Knitted Fabric by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $59.7k
TOP IMPORT POTENTIALIndia+ $112k

Light Rubberized Knitted Fabric’s highest export potential is China. With an export gap of $59.7k.   Light Rubberized Knitted Fabric’s highest import potential is India with an import gap of $112k.

See methodology.

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