2022
Exports
$26.8MWorld Rnk 69 / 223
Flag Rnk 81 / 1074
2022
PRODUCT COMPLEXITY IN Other Furniture
0.34Rnk 424 / 1025
2022
Imports
$31.8MWorld Rnk 121 / 225
Flag Rnk 112 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $26.8M in Other Furniture, making it the 69th largest exporter of Other Furniture in the world. At the same year, Other Furniture was the 81st most exported product in Sri Lanka. The main destination of Other Furniture exports from Sri Lanka are: India ($19.3M), United States ($3.6M), Ireland ($864k), Maldives ($641k), and New Zealand ($558k).

The fastest growing export markets for Other Furniture of Sri Lanka between 2021 and 2022 were United States ($3.2M), India ($2.11M), and Ireland ($352k).

Imports In 2018, Sri Lanka imported $31.8M in Other Furniture, becoming the 121st largest importer of Other Furniture in the world. At the same year, Other Furniture was the 112th most imported product in Sri Lanka. Sri Lanka imports Other Furniture primarily from: United Arab Emirates ($14M), China ($8.79M), Vietnam ($1.61M), India ($1.59M), and Germany ($1.14M).

The fastest growing import markets in Other Furniture for Sri Lanka between 2021 and 2022 were United Arab Emirates ($4.27M), India ($729k), and Vietnam ($713k).

COMPANIES In 2023, leading companies such as Rooms To Go (3) and At Home Procurement (1) were at the forefront of shipping Other Furniture from Sri Lanka to the United States.

Latest Trends

Jul 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 Other Furniture. 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)$26.8M
IMPORTS (2022)$31.8M
NET TRADE (2022)-$5.02M

In 2022, Sri Lanka exported $26.8M in Other Furniture. The main destinations of Sri Lanka exports on Other Furniture were India ($19.3M), United States ($3.6M), Ireland ($864k), Maldives ($641k), and New Zealand ($558k).

In 2022, Sri Lanka imported $31.8M in Other Furniture, mainly from United Arab Emirates ($14M), China ($8.79M), Vietnam ($1.61M), India ($1.59M), and Germany ($1.14M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Furniture EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
United States$3.2M (811%)
India$2.11M (12.2%)
Ireland$352k (68.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Furniture BY Sri Lanka WERE (2021 - 2022):
Norway-$1.1M (-99.6%)
Germany-$228k (-35.4%)
United Kingdom-$118k (-34.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Other Furniture were:
China $36.6B
Vietnam $9.13B
Germany $8.79B
In 2022, Sri Lanka's main importing competitors in Other Furniture were:

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Trade Value of Other Furniture by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $7.79M
TOP IMPORT POTENTIALChina+ $11.9M

Other Furniture’s highest export potential is United States. With an export gap of $7.79M.   Other Furniture’s highest import potential is China with an import gap of $11.9M.

See methodology.

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