2022
Exports
$153MWorld Rnk 21 / 180
Flag Rnk 25 / 1074
2022
PRODUCT COMPLEXITY IN Light Rubberized Knitted Fabric
-0.28Rnk 640 / 1025
2022
Imports
$971MWorld Rnk 6 / 215
Flag Rnk 2 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $153M in Light Rubberized Knitted Fabric, making it the 21st largest exporter of Light Rubberized Knitted Fabric in the world. At the same year, Light Rubberized Knitted Fabric was the 25th most exported product in Sri Lanka. The main destination of Light Rubberized Knitted Fabric exports from Sri Lanka are: India ($36.3M), Jordan ($31.4M), Bangladesh ($22.8M), Indonesia ($15.2M), and Kenya ($14.6M).

The fastest growing export markets for Light Rubberized Knitted Fabric of Sri Lanka between 2021 and 2022 were Jordan ($21.5M), Bangladesh ($9.37M), and Kenya ($1.09M).

Imports In 2022, Sri Lanka imported $971M 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 2nd most imported product in Sri Lanka. Sri Lanka imports Light Rubberized Knitted Fabric primarily from: China ($307M), India ($300M), Chinese Taipei ($130M), Italy ($74M), and Hong Kong ($33.7M).

The fastest growing import markets in Light Rubberized Knitted Fabric for Sri Lanka between 2021 and 2022 were Italy ($7.26M), Japan ($4.98M), and India ($3.64M).

COMPANIES In 2023, leading companies such as Mystic Apparel (1) and Banana Republic (1) were at the forefront of shipping Light Rubberized Knitted Fabric from Sri Lanka to the United States.

Latest Trends

Oct 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 (2022)$153M
IMPORTS (2022)$971M
NET TRADE (2022)-$818M

In 2022, Sri Lanka exported $153M in Light Rubberized Knitted Fabric. The main destinations of Sri Lanka exports on Light Rubberized Knitted Fabric were India ($36.3M), Jordan ($31.4M), Bangladesh ($22.8M), Indonesia ($15.2M), and Kenya ($14.6M).

In 2022, Sri Lanka imported $971M in Light Rubberized Knitted Fabric, mainly from China ($307M), India ($300M), Chinese Taipei ($130M), Italy ($74M), and Hong Kong ($33.7M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Light Rubberized Knitted Fabric EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Jordan$21.5M (216%)
Bangladesh$9.37M (69.9%)
Kenya$1.09M (8.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Light Rubberized Knitted Fabric BY Sri Lanka WERE (2021 - 2022):
Thailand-$6.89M (-93.8%)
Vietnam-$5.54M (-29.3%)
Singapore-$5.24M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Light Rubberized Knitted Fabric were:
In 2022, 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
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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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