2022
Exports
$84.7MWorld Rnk 39 / 224
Flag Rnk 35 / 1074
2022
PRODUCT COMPLEXITY IN Other Rubber Products
0.54Rnk 353 / 1025
2022
Imports
$19.8MWorld Rnk 88 / 225
Flag Rnk 171 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $84.7M in Other Rubber Products, making it the 39th largest exporter of Other Rubber Products in the world. At the same year, Other Rubber Products was the 35th most exported product in Sri Lanka. The main destination of Other Rubber Products exports from Sri Lanka are: United States ($24.6M), Sweden ($10.1M), Germany ($7.86M), Japan ($5.02M), and France ($4.7M).

The fastest growing export markets for Other Rubber Products of Sri Lanka between 2021 and 2022 were United States ($1.6M), South Africa ($708k), and Japan ($687k).

Imports In 2022, Sri Lanka imported $19.8M in Other Rubber Products, becoming the 88th largest importer of Other Rubber Products in the world. At the same year, Other Rubber Products was the 171st most imported product in Sri Lanka. Sri Lanka imports Other Rubber Products primarily from: China ($7.08M), India ($4M), Italy ($1.17M), Germany ($875k), and Japan ($816k).

The fastest growing import markets in Other Rubber Products for Sri Lanka between 2021 and 2022 were United States ($182k), Switzerland ($126k), and Hong Kong ($69k).

COMPANIES In 2023, leading companies such as Jo-Ann Stores (1) and Bridgestone Tires (1) were at the forefront of shipping Other Rubber Products 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 Rubber Products. 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)$84.7M
IMPORTS (2022)$19.8M
NET TRADE (2022)$64.9M

In 2022, Sri Lanka exported $84.7M in Other Rubber Products. The main destinations of Sri Lanka exports on Other Rubber Products were United States ($24.6M), Sweden ($10.1M), Germany ($7.86M), Japan ($5.02M), and France ($4.7M).

In 2022, Sri Lanka imported $19.8M in Other Rubber Products, mainly from China ($7.08M), India ($4M), Italy ($1.17M), Germany ($875k), and Japan ($816k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Rubber Products EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
United States$1.6M (6.95%)
South Africa$708k (134%)
Japan$687k (15.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Rubber Products BY Sri Lanka WERE (2021 - 2022):
France-$1.56M (-25%)
Austria-$1.44M (-78%)
South Korea-$1.2M (-62.3%)

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 Rubber Products were:
In 2022, Sri Lanka's main importing competitors in Other Rubber Products were:

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Trade Value of Other Rubber Products by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $13M
TOP IMPORT POTENTIALChina+ $2.67M

Other Rubber Products’s highest export potential is United States. With an export gap of $13M.   Other Rubber Products’s highest import potential is China with an import gap of $2.67M.

See methodology.

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