2022
Exports
$20.6kWorld Rnk 93 / 105
Flag Rnk 831 / 1074
2022
PRODUCT COMPLEXITY IN Silicates
-0.58Rnk 717 / 1025
2022
Imports
$1.7MWorld Rnk 84 / 193
Flag Rnk 580 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $20.6k in Silicates, making it the 93rd largest exporter of Silicates in the world. At the same year, Silicates was the 831st most exported product in Sri Lanka. The main destination of Silicates exports from Sri Lanka are: Bangladesh ($9.85k), Australia ($5.7k), Ethiopia ($3.87k), and China ($1.18k).

The fastest growing export markets for Silicates of Sri Lanka between 2021 and 2022 were China ($832) and Bangladesh ($575).

Imports In 2022, Sri Lanka imported $1.7M in Silicates, becoming the 84th largest importer of Silicates in the world. At the same year, Silicates was the 580th most imported product in Sri Lanka. Sri Lanka imports Silicates primarily from: India ($795k), Pakistan ($572k), Thailand ($111k), China ($101k), and United Kingdom ($43.1k).

The fastest growing import markets in Silicates for Sri Lanka between 2021 and 2022 were Pakistan ($572k), India ($63.8k), and Thailand ($54.9k).

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 Silicates. 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)$20.6k
IMPORTS (2022)$1.7M
NET TRADE (2022)-$1.68M

In 2022, Sri Lanka exported $20.6k in Silicates. The main destinations of Sri Lanka exports on Silicates were Bangladesh ($9.85k), Australia ($5.7k), Ethiopia ($3.87k), and China ($1.18k).

In 2022, Sri Lanka imported $1.7M in Silicates, mainly from India ($795k), Pakistan ($572k), Thailand ($111k), China ($101k), and United Kingdom ($43.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicates EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
China$832 (241%)
Bangladesh$575 (6.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicates BY Sri Lanka WERE (2021 - 2022):
Japan-$96.7k (-100%)
Ethiopia-$13.7k (-78%)
Australia-$6.35k (-52.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Silicates were:
In 2022, Sri Lanka's main importing competitors in Silicates were:

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Trade Value of Silicates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $779
TOP IMPORT POTENTIALChina+ $85.7k

Silicates’s highest export potential is Australia. With an export gap of $779.   Silicates’s highest import potential is China with an import gap of $85.7k.

See methodology.

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