2022
Exports
$7.98MWorld Rnk 76 / 175
Flag Rnk 166 / 1074
2022
PRODUCT COMPLEXITY IN Aluminium Bars
-0.097Rnk 580 / 1025
2022
Imports
$6.27MWorld Rnk 129 / 218
Flag Rnk 332 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $7.98M in Aluminium Bars, making it the 76th largest exporter of Aluminium Bars in the world. At the same year, Aluminium Bars was the 166th most exported product in Sri Lanka. The main destination of Aluminium Bars exports from Sri Lanka are: United Kingdom ($5.13M), United States ($1.1M), Australia ($712k), Italy ($343k), and Maldives ($180k).

The fastest growing export markets for Aluminium Bars of Sri Lanka between 2021 and 2022 were United Kingdom ($2.45M), Australia ($423k), and United States ($403k).

Imports In 2022, Sri Lanka imported $6.27M in Aluminium Bars, becoming the 129th largest importer of Aluminium Bars in the world. At the same year, Aluminium Bars was the 332nd most imported product in Sri Lanka. Sri Lanka imports Aluminium Bars primarily from: China ($3.42M), India ($1.57M), Singapore ($400k), United Arab Emirates ($203k), and Germany ($154k).

The fastest growing import markets in Aluminium Bars for Sri Lanka between 2021 and 2022 were India ($708k), Singapore ($279k), and Germany ($97.9k).

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 Aluminium Bars. 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)$7.98M
IMPORTS (2022)$6.27M
NET TRADE (2022)$1.71M

In 2022, Sri Lanka exported $7.98M in Aluminium Bars. The main destinations of Sri Lanka exports on Aluminium Bars were United Kingdom ($5.13M), United States ($1.1M), Australia ($712k), Italy ($343k), and Maldives ($180k).

In 2022, Sri Lanka imported $6.27M in Aluminium Bars, mainly from China ($3.42M), India ($1.57M), Singapore ($400k), United Arab Emirates ($203k), and Germany ($154k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Bars EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
United Kingdom$2.45M (91.3%)
Australia$423k (146%)
United States$403k (57.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Bars BY Sri Lanka WERE (2021 - 2022):
Canada-$734k (-81.8%)
Maldives-$220k (-54.9%)
Austria-$71.7k (-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 Aluminium Bars were:
China $3.88B
In 2022, Sri Lanka's main importing competitors in Aluminium Bars were:

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Trade Value of Aluminium Bars by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $692k
TOP IMPORT POTENTIALChina+ $1.55M

Aluminium Bars’s highest export potential is United States. With an export gap of $692k.   Aluminium Bars’s highest import potential is China with an import gap of $1.55M.

See methodology.

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