2022
Exports | Imports
$464M | $15.6MWorld Rnk 20 / 221
Flag Rnk 7 / 1074
World Rnk 115 / 225
Flag Rnk 199 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.42Rnk 80 / 124
2022
PRODUCT COMPLEXITY IN Non-Knit Men's Suits
-1.15Rnk 869 / 1025

About

Exports In 2022, Sri Lanka exported $464M in Non-Knit Men's Suits, making it the 20th largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 7th most exported product in Sri Lanka. The main destination of Non-Knit Men's Suits exports from Sri Lanka are: United States ($153M), Germany ($67.3M), United Kingdom ($55.4M), Sweden ($35.3M), and Netherlands ($32.5M).

The fastest growing export markets for Non-Knit Men's Suits of Sri Lanka between 2021 and 2022 were United States ($25.2M), Germany ($12.2M), and United Kingdom ($9.47M).

Imports In 2022, Sri Lanka imported $15.6M in Non-Knit Men's Suits, becoming the 115th largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 199th most imported product in Sri Lanka. Sri Lanka imports Non-Knit Men's Suits primarily from: Bangladesh ($6.13M), India ($4.08M), Vietnam ($1.57M), Sweden ($1.29M), and China ($1.2M).

The fastest growing import markets in Non-Knit Men's Suits for Sri Lanka between 2021 and 2022 were Bangladesh ($4.92M), Sweden ($1.1M), and Japan ($104k).

COMPANIES In 2023, leading companies such as MICHAEL KORS (USA), INC. (196), GUESS, INC. (160), and JP BODEN SERVICES INC (90) were at the forefront of shipping Non-Knit Men's Suits from Sri Lanka to the United States.

Latest Trends

Feb 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 Non-Knit Men'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)$464M
IMPORTS (2022)$15.6M
NET TRADE (2022)$449M

In 2022, Sri Lanka exported $464M in Non-Knit Men's Suits. The main destinations of Sri Lanka exports on Non-Knit Men's Suits were United States ($153M), Germany ($67.3M), United Kingdom ($55.4M), Sweden ($35.3M), and Netherlands ($32.5M).

In 2022, Sri Lanka imported $15.6M in Non-Knit Men's Suits, mainly from Bangladesh ($6.13M), India ($4.08M), Vietnam ($1.57M), Sweden ($1.29M), and China ($1.2M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
United States$25.2M (19.7%)
Germany$12.2M (22.1%)
United Kingdom$9.47M (20.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY Sri Lanka WERE (2021 - 2022):
Austria-$3.5M (-99.9%)
Russia-$3.5M (-75.9%)
Japan-$1.28M (-27.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Non-Knit Men's Suits were:
In 2022, Sri Lanka's main importing competitors in Non-Knit Men's Suits were:

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Trade Value of Non-Knit Men's Suits by Exporters

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