2022
Exports
$2.24MWorld Rnk 55 / 180
Flag Rnk 286 / 1074
2022
PRODUCT COMPLEXITY IN Tufted Carpets
0.096Rnk 524 / 1025
2022
Imports
$2.59MWorld Rnk 106 / 215
Flag Rnk 501 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $2.24M in Tufted Carpets, making it the 55th largest exporter of Tufted Carpets in the world. At the same year, Tufted Carpets was the 286th most exported product in Sri Lanka. The main destination of Tufted Carpets exports from Sri Lanka are: United Kingdom ($1.7M), Germany ($178k), United States ($126k), France ($49k), and Spain ($42.9k).

The fastest growing export markets for Tufted Carpets of Sri Lanka between 2021 and 2022 were Germany ($37.9k), India ($21.3k), and Poland ($12.6k).

Imports In 2022, Sri Lanka imported $2.59M in Tufted Carpets, becoming the 106th largest importer of Tufted Carpets in the world. At the same year, Tufted Carpets was the 501st most imported product in Sri Lanka. Sri Lanka imports Tufted Carpets primarily from: India ($1.16M), China ($753k), Indonesia ($397k), United Arab Emirates ($152k), and Singapore ($52.7k).

The fastest growing import markets in Tufted Carpets for Sri Lanka between 2021 and 2022 were India ($111k), Hong Kong ($23.6k), and Netherlands ($13.3k).

COMPANIES In 2023, leading companies such as Home Dynamix (2) and At Home Procurement (1) were at the forefront of shipping Tufted Carpets 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 Tufted Carpets. 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)$2.24M
IMPORTS (2022)$2.59M
NET TRADE (2022)-$348k

In 2022, Sri Lanka exported $2.24M in Tufted Carpets. The main destinations of Sri Lanka exports on Tufted Carpets were United Kingdom ($1.7M), Germany ($178k), United States ($126k), France ($49k), and Spain ($42.9k).

In 2022, Sri Lanka imported $2.59M in Tufted Carpets, mainly from India ($1.16M), China ($753k), Indonesia ($397k), United Arab Emirates ($152k), and Singapore ($52.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tufted Carpets EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Germany$37.9k (27.2%)
India$21.3k (305k%)
Poland$12.6k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tufted Carpets BY Sri Lanka WERE (2021 - 2022):
United States-$534k (-80.9%)
Portugal-$47.6k (-100%)
Australia-$38.2k (-65.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Tufted Carpets by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $101k
TOP IMPORT POTENTIALChina+ $468k

Tufted Carpets’s highest export potential is United Kingdom. With an export gap of $101k.   Tufted Carpets’s highest import potential is China with an import gap of $468k.

See methodology.

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