2022
Exports
$26.9kWorld Rnk 73 / 142
Flag Rnk 797 / 1074
2022
PRODUCT COMPLEXITY IN Tool Plates
1.66Rnk 31 / 1025
2022
Imports
$454kWorld Rnk 80 / 188
Flag Rnk 821 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $26.9k in Tool Plates, making it the 73rd largest exporter of Tool Plates in the world. At the same year, Tool Plates was the 797th most exported product in Sri Lanka. The main destination of Tool Plates exports from Sri Lanka are: Indonesia ($14.2k), Oman ($7.99k), Kuwait ($3.13k), Singapore ($1.15k), and Thailand ($279).

The fastest growing export markets for Tool Plates of Sri Lanka between 2021 and 2022 were Oman ($7.99k), Indonesia ($6.51k), and Kuwait ($3.13k).

Imports In 2022, Sri Lanka imported $454k in Tool Plates, becoming the 80th largest importer of Tool Plates in the world. At the same year, Tool Plates was the 821st most imported product in Sri Lanka. Sri Lanka imports Tool Plates primarily from: Singapore ($109k), Israel ($96.5k), India ($59.1k), China ($52.5k), and Japan ($46.2k).

The fastest growing import markets in Tool Plates for Sri Lanka between 2021 and 2022 were Singapore ($34.5k), Germany ($18.4k), and Iceland ($11k).

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 Tool Plates. 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)$26.9k
IMPORTS (2022)$454k
NET TRADE (2022)-$427k

In 2022, Sri Lanka exported $26.9k in Tool Plates. The main destinations of Sri Lanka exports on Tool Plates were Indonesia ($14.2k), Oman ($7.99k), Kuwait ($3.13k), Singapore ($1.15k), and Thailand ($279).

In 2022, Sri Lanka imported $454k in Tool Plates, mainly from Singapore ($109k), Israel ($96.5k), India ($59.1k), China ($52.5k), and Japan ($46.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tool Plates EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Oman$7.99k (1%)
Indonesia$6.51k (84.2%)
Kuwait$3.13k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tool Plates BY Sri Lanka WERE (2021 - 2022):
Germany-$4.29k (-100%)
Ethiopia-$270 (-73.6%)
Maldives-$49 (-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 Tool Plates were:
Germany $1.21B
Japan $880M
China $698M
In 2022, Sri Lanka's main importing competitors in Tool Plates were:

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Trade Value of Tool Plates by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $8.78k
TOP IMPORT POTENTIALIndia+ $133k

Tool Plates’s highest export potential is Indonesia. With an export gap of $8.78k.   Tool Plates’s highest import potential is India with an import gap of $133k.

See methodology.

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