2022
Exports
$3.71MWorld Rnk 36 / 166
Flag Rnk 350 / 3471
2022
Imports
$19.4MWorld Rnk 30 / 210
Flag Rnk 148 / 4248
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $3.71M in Clasps/buckles, etc for clothing, footwear, bags etc, making it the 36th largest exporter of Clasps/buckles, etc for clothing, footwear, bags etc in the world. At the same year, Clasps/buckles, etc for clothing, footwear, bags etc was the 350th most exported product in Sri Lanka. The main destination of Clasps/buckles, etc for clothing, footwear, bags etc exports from Sri Lanka are: India ($1.96M), Italy ($541k), Indonesia ($315k), Bangladesh ($257k), and Morocco ($112k).

The fastest growing export markets for Clasps/buckles, etc for clothing, footwear, bags etc of Sri Lanka between 2021 and 2022 were India ($308k), Italy ($221k), and Morocco ($99.7k).

Imports In 2022, Sri Lanka imported $19.4M in Clasps/buckles, etc for clothing, footwear, bags etc, becoming the 30th largest importer of Clasps/buckles, etc for clothing, footwear, bags etc in the world. At the same year, Clasps/buckles, etc for clothing, footwear, bags etc was the 148th most imported product in Sri Lanka. Sri Lanka imports Clasps/buckles, etc for clothing, footwear, bags etc primarily from: China ($10.6M), Hong Kong ($5.03M), India ($1.04M), Germany ($509k), and United States ($455k).

The fastest growing import markets in Clasps/buckles, etc for clothing, footwear, bags etc for Sri Lanka between 2021 and 2022 were China ($2M), India ($514k), and United States ($249k).

COMPANIES In 2023, leading companies such as Kontoor Brands (1.31k), Gap (1.11k), and Guess Clothing (857) were at the forefront of shipping Clasps/buckles, etc for clothing, footwear, bags etc 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 Clasps/buckles, etc for clothing, footwear, bags etc. 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)$3.71M
IMPORTS (2022)$19.4M
NET TRADE (2022)-$15.7M

In 2022, Sri Lanka exported $3.71M in Clasps/buckles, etc for clothing, footwear, bags etc. The main destinations of Sri Lanka exports on Clasps/buckles, etc for clothing, footwear, bags etc were India ($1.96M), Italy ($541k), Indonesia ($315k), Bangladesh ($257k), and Morocco ($112k).

In 2022, Sri Lanka imported $19.4M in Clasps/buckles, etc for clothing, footwear, bags etc, mainly from China ($10.6M), Hong Kong ($5.03M), India ($1.04M), Germany ($509k), and United States ($455k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Clasps/buckles, etc for clothing, footwear, bags etc EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
India$308k (18.6%)
Italy$221k (69.1%)
Morocco$99.7k (832%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Clasps/buckles, etc for clothing, footwear, bags etc BY Sri Lanka WERE (2021 - 2022):
Indonesia-$174k (-35.6%)
China-$80.1k (-92.4%)
United States-$66.9k (-82.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Clasps/buckles, etc for clothing, footwear, bags etc were:
China $583M
Italy $493M
In 2022, Sri Lanka's main importing competitors in Clasps/buckles, etc for clothing, footwear, bags etc were:

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Trade Value of Clasps/buckles, etc for clothing, footwear, bags etc by Exporters

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