2022
Exports
$4.11kWorld Rnk 83 / 110
Flag Rnk 931 / 1074
2022
PRODUCT COMPLEXITY IN Time Switches
0.78Rnk 256 / 1025
2022
Imports
$168kWorld Rnk 90 / 198
Flag Rnk 927 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $4.11k in Time Switches, making it the 83rd largest exporter of Time Switches in the world. At the same year, Time Switches was the 931st most exported product in Sri Lanka. The main destination of Time Switches exports from Sri Lanka are: China ($1.45k), Argentina ($1.17k), United Arab Emirates ($685), New Zealand ($659), and Vietnam ($75).

The fastest growing export markets for Time Switches of Sri Lanka between 2021 and 2022 were China ($1.45k), United Arab Emirates ($685), and Vietnam ($75).

Imports In 2022, Sri Lanka imported $168k in Time Switches, becoming the 90th largest importer of Time Switches in the world. At the same year, Time Switches was the 927th most imported product in Sri Lanka. Sri Lanka imports Time Switches primarily from: China ($62.7k), South Korea ($62.2k), Singapore ($15.5k), Vietnam ($6.24k), and Germany ($4.37k).

The fastest growing import markets in Time Switches for Sri Lanka between 2021 and 2022 were South Korea ($4.31k), Italy ($945), and Indonesia ($769).

Latest Trends

Oct 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 Time Switches. 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)$4.11k
IMPORTS (2022)$168k
NET TRADE (2022)-$164k

In 2022, Sri Lanka exported $4.11k in Time Switches. The main destinations of Sri Lanka exports on Time Switches were China ($1.45k), Argentina ($1.17k), United Arab Emirates ($685), New Zealand ($659), and Vietnam ($75).

In 2022, Sri Lanka imported $168k in Time Switches, mainly from China ($62.7k), South Korea ($62.2k), Singapore ($15.5k), Vietnam ($6.24k), and Germany ($4.37k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Time Switches EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
China$1.45k (1%)
Vietnam$75 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Time Switches BY Sri Lanka WERE (2021 - 2022):
Argentina-$4.03k (-77.5%)
India-$1.23k (-100%)
New Zealand-$1.09k (-62.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Time Switches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $1.11k
TOP IMPORT POTENTIALChina+ $36.3k

Time Switches’s highest export potential is China. With an export gap of $1.11k.   Time Switches’s highest import potential is China with an import gap of $36.3k.

See methodology.

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