2022
Exports
$52.5kWorld Rnk 105 / 144
Flag Rnk 721 / 1074
2022
PRODUCT COMPLEXITY IN Copper Wire
-0.44Rnk 683 / 1025
2022
Imports
$56.6MWorld Rnk 56 / 204
Flag Rnk 64 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $52.5k in Copper Wire, making it the 105th largest exporter of Copper Wire in the world. At the same year, Copper Wire was the 721st most exported product in Sri Lanka. The main destination of Copper Wire exports from Sri Lanka are: India ($35.5k), Maldives ($16.6k), Germany ($218), Austria ($105), and Rwanda ($4).

The fastest growing export markets for Copper Wire of Sri Lanka between 2021 and 2022 were Maldives ($11k), India ($5.45k), and Germany ($218).

Imports In 2022, Sri Lanka imported $56.6M in Copper Wire, becoming the 56th largest importer of Copper Wire in the world. At the same year, Copper Wire was the 64th most imported product in Sri Lanka. Sri Lanka imports Copper Wire primarily from: United Arab Emirates ($36.1M), India ($16.5M), Malaysia ($3.21M), Hong Kong ($379k), and Germany ($90.2k).

The fastest growing import markets in Copper Wire for Sri Lanka between 2021 and 2022 were India ($3.15M), Malaysia ($1.34M), and Chinese Taipei ($47.5k).

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 Copper 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)$52.5k
IMPORTS (2022)$56.6M
NET TRADE (2022)-$56.6M

In 2022, Sri Lanka exported $52.5k in Copper Wire. The main destinations of Sri Lanka exports on Copper Wire were India ($35.5k), Maldives ($16.6k), Germany ($218), Austria ($105), and Rwanda ($4).

In 2022, Sri Lanka imported $56.6M in Copper Wire, mainly from United Arab Emirates ($36.1M), India ($16.5M), Malaysia ($3.21M), Hong Kong ($379k), and Germany ($90.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Copper Wire EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Maldives$11k (195%)
India$5.45k (18.1%)
Germany$218 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Copper Wire BY Sri Lanka WERE (2021 - 2022):
Pakistan-$1.74M (-100%)
Ethiopia-$2.01k (-100%)
Switzerland-$30 (-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 Copper Wire were:
In 2022, Sri Lanka's main importing competitors in Copper Wire were:

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Trade Value of Copper Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $55.9k
TOP IMPORT POTENTIALMalaysia+ $1.85M

Copper Wire’s highest export potential is India. With an export gap of $55.9k.   Copper Wire’s highest import potential is Malaysia with an import gap of $1.85M.

See methodology.

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