2022
Exports
$196MWorld Rnk 2 / 113
Flag Rnk 20 / 1074
2022
PRODUCT COMPLEXITY IN Coconut and Other Vegetable Fibers
-1.6Rnk 960 / 1025
2022
Imports
$4.29kWorld Rnk 156 / 177
Flag Rnk 1117 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $196M in Coconut and Other Vegetable Fibers, making it the 2nd largest exporter of Coconut and Other Vegetable Fibers in the world. At the same year, Coconut and Other Vegetable Fibers was the 20th most exported product in Sri Lanka. The main destination of Coconut and Other Vegetable Fibers exports from Sri Lanka are: China ($30.1M), Mexico ($19.6M), United States ($15.8M), Netherlands ($14.9M), and Japan ($12.5M).

The fastest growing export markets for Coconut and Other Vegetable Fibers of Sri Lanka between 2021 and 2022 were Netherlands ($7.18M), Azerbaijan ($2.8M), and Peru ($2.35M).

Imports In 2022, Sri Lanka imported $4.29k in Coconut and Other Vegetable Fibers, becoming the 156th largest importer of Coconut and Other Vegetable Fibers in the world. At the same year, Coconut and Other Vegetable Fibers was the 1117th most imported product in Sri Lanka. Sri Lanka imports Coconut and Other Vegetable Fibers primarily from: United States ($2.49k), United Kingdom ($801), Spain ($603), India ($89), and United Arab Emirates ($71).

The fastest growing import markets in Coconut and Other Vegetable Fibers for Sri Lanka between 2021 and 2022 were United States ($2.35k), United Kingdom ($801), and Spain ($597).

Latest Trends

Oct 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 Coconut and Other Vegetable Fibers. 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)$196M
IMPORTS (2022)$4.29k
NET TRADE (2022)$196M

In 2022, Sri Lanka exported $196M in Coconut and Other Vegetable Fibers. The main destinations of Sri Lanka exports on Coconut and Other Vegetable Fibers were China ($30.1M), Mexico ($19.6M), United States ($15.8M), Netherlands ($14.9M), and Japan ($12.5M).

In 2022, Sri Lanka imported $4.29k in Coconut and Other Vegetable Fibers, mainly from United States ($2.49k), United Kingdom ($801), Spain ($603), India ($89), and United Arab Emirates ($71).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut and Other Vegetable Fibers EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Netherlands$7.18M (93.1%)
Azerbaijan$2.8M (94%)
Peru$2.35M (44%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut and Other Vegetable Fibers BY Sri Lanka WERE (2021 - 2022):
Mexico-$6.41M (-24.6%)
Russia-$3.41M (-60.7%)
Spain-$2.53M (-43.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Coconut and Other Vegetable Fibers were:
India $293M
Kenya $54.5M
In 2022, Sri Lanka's main importing competitors in Coconut and Other Vegetable Fibers were:

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Trade Value of Coconut and Other Vegetable Fibers by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $2.95M
TOP IMPORT POTENTIALIndia+ $825

Coconut and Other Vegetable Fibers’s highest export potential is China. With an export gap of $2.95M.   Coconut and Other Vegetable Fibers’s highest import potential is India with an import gap of $825.

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