2022
Exports
$101World Rnk 99 / 104
Flag Rnk 1040 / 1074
falsefalse Maldives
2022
Imports
$1.35MWorld Rnk 49 / 185
Flag Rnk 633 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $101 in Nitric Acids, making it the 99th largest exporter of Nitric Acids in the world. At the same year, Nitric Acids was the 1040th most exported product in Sri Lanka. The main destination of Nitric Acids exports from Sri Lanka are: Maldives ($101).

Imports In 2022, Sri Lanka imported $1.35M in Nitric Acids, becoming the 49th largest importer of Nitric Acids in the world. At the same year, Nitric Acids was the 633rd most imported product in Sri Lanka. Sri Lanka imports Nitric Acids primarily from: Malaysia ($533k), India ($429k), South Korea ($343k), United Arab Emirates ($25.3k), and China ($17.7k).

The fastest growing import markets in Nitric Acids for Sri Lanka between 2021 and 2022 were Malaysia ($311k), South Korea ($136k), and United Arab Emirates ($25.3k).

Latest Trends

Nov 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 Nitric Acids. 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)$101
IMPORTS (2022)$1.35M
NET TRADE (2022)-$1.35M

In 2022, Sri Lanka exported $101 in Nitric Acids. The main destinations of Sri Lanka exports on Nitric Acids were Maldives ($101).

In 2022, Sri Lanka imported $1.35M in Nitric Acids, mainly from Malaysia ($533k), India ($429k), South Korea ($343k), United Arab Emirates ($25.3k), and China ($17.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Nitric Acids BY Sri Lanka WERE (2021 - 2022):Maldives-$90 (-47.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Nitric Acids were:
In 2022, Sri Lanka's main importing competitors in Nitric Acids were:
Germany $83.3M
France $64.3M
Japan $47.6M

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Trade Value of Nitric Acids by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $300
TOP IMPORT POTENTIALSouth Korea+ $47.9k

Nitric Acids’s highest export potential is China. With an export gap of $300.   Nitric Acids’s highest import potential is South Korea with an import gap of $47.9k.

See methodology.

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