2022
Exports
$42.4kWorld Rnk 134 / 180
Flag Rnk 747 / 1074
2022
PRODUCT COMPLEXITY IN Spark-Ignition Engines
1.15Rnk 117 / 1025
2022
Imports
$5.38MWorld Rnk 115 / 222
Flag Rnk 362 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $42.4k in Spark-Ignition Engines, making it the 134th largest exporter of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 747th most exported product in Sri Lanka. The main destination of Spark-Ignition Engines exports from Sri Lanka are: Maldives ($27.1k), Germany ($5.53k), United States ($4.85k), Saudi Arabia ($2.37k), and Japan ($2.24k).

The fastest growing export markets for Spark-Ignition Engines of Sri Lanka between 2021 and 2022 were Germany ($5.53k), Saudi Arabia ($2.37k), and Japan ($2.24k).

Imports In 2022, Sri Lanka imported $5.38M in Spark-Ignition Engines, becoming the 115th largest importer of Spark-Ignition Engines in the world. At the same year, Spark-Ignition Engines was the 362nd most imported product in Sri Lanka. Sri Lanka imports Spark-Ignition Engines primarily from: Japan ($1.56M), India ($1.44M), China ($863k), Indonesia ($764k), and Thailand ($379k).

The fastest growing import markets in Spark-Ignition Engines for Sri Lanka between 2021 and 2022 were Malaysia ($114k), Chinese Taipei ($24.8k), and Hungary ($20.7k).

COMPANIES In 2023, leading companies such as DuPont (2) were at the forefront of shipping Spark-Ignition Engines 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 Spark-Ignition Engines. 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)$42.4k
IMPORTS (2022)$5.38M
NET TRADE (2022)-$5.34M

In 2022, Sri Lanka exported $42.4k in Spark-Ignition Engines. The main destinations of Sri Lanka exports on Spark-Ignition Engines were Maldives ($27.1k), Germany ($5.53k), United States ($4.85k), Saudi Arabia ($2.37k), and Japan ($2.24k).

In 2022, Sri Lanka imported $5.38M in Spark-Ignition Engines, mainly from Japan ($1.56M), India ($1.44M), China ($863k), Indonesia ($764k), and Thailand ($379k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Spark-Ignition Engines EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Germany$5.53k (1%)
Saudi Arabia$2.37k (1%)
Japan$2.24k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Spark-Ignition Engines BY Sri Lanka WERE (2021 - 2022):
United States-$80.8k (-94.3%)
Malaysia-$18.3k (-100%)
Kenya-$11.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Spark-Ignition Engines were:
In 2022, Sri Lanka's main importing competitors in Spark-Ignition Engines were:

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Trade Value of Spark-Ignition Engines by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $712
TOP IMPORT POTENTIALJapan+ $808k

Spark-Ignition Engines’s highest export potential is United States. With an export gap of $712.   Spark-Ignition Engines’s highest import potential is Japan with an import gap of $808k.

See methodology.

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