2022
Exports
$25.9kWorld Rnk 84 / 118
Flag Rnk 801 / 1074
2022
PRODUCT COMPLEXITY IN Aluminium Wire
-0.75Rnk 770 / 1025
2022
Imports
$7.77MWorld Rnk 69 / 195
Flag Rnk 286 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $25.9k in Aluminium Wire, making it the 84th largest exporter of Aluminium Wire in the world. At the same year, Aluminium Wire was the 801st most exported product in Sri Lanka. The main destination of Aluminium Wire exports from Sri Lanka are: Kenya ($13.9k), Bangladesh ($7.27k), Nepal ($3.21k), and Yemen ($1.51k).

The fastest growing export markets for Aluminium Wire of Sri Lanka between 2021 and 2022 were Kenya ($12.9k), Bangladesh ($4.09k), and Nepal ($3.21k).

Imports In 2022, Sri Lanka imported $7.77M in Aluminium Wire, becoming the 69th largest importer of Aluminium Wire in the world. At the same year, Aluminium Wire was the 286th most imported product in Sri Lanka. Sri Lanka imports Aluminium Wire primarily from: United Arab Emirates ($4.18M), India ($2.92M), Germany ($576k), Italy ($41.9k), and Netherlands ($30.1k).

The fastest growing import markets in Aluminium Wire for Sri Lanka between 2021 and 2022 were Germany ($76.3k), Italy ($41.9k), and Netherlands ($16k).

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 Wire. 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)$25.9k
IMPORTS (2022)$7.77M
NET TRADE (2022)-$7.74M

In 2022, Sri Lanka exported $25.9k in Aluminium Wire. The main destinations of Sri Lanka exports on Aluminium Wire were Kenya ($13.9k), Bangladesh ($7.27k), Nepal ($3.21k), and Yemen ($1.51k).

In 2022, Sri Lanka imported $7.77M in Aluminium Wire, mainly from United Arab Emirates ($4.18M), India ($2.92M), Germany ($576k), Italy ($41.9k), and Netherlands ($30.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Aluminium Wire EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Kenya$12.9k (1.27k%)
Bangladesh$4.09k (128%)
Nepal$3.21k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Aluminium Wire BY Sri Lanka WERE (2021 - 2022):
Lebanon-$2.24k (-100%)
Maldives-$601 (-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 Wire were:
In 2022, Sri Lanka's main importing competitors in Aluminium Wire were:

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Trade Value of Aluminium Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNepal+ $1.88k
TOP IMPORT POTENTIALIndia+ $804k

Aluminium Wire’s highest export potential is Nepal. With an export gap of $1.88k.   Aluminium Wire’s highest import potential is India with an import gap of $804k.

See methodology.

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