2022
Exports
$65.6kWorld Rnk 104 / 159
Flag Rnk 697 / 1074
2022
PRODUCT COMPLEXITY IN Electric Furnaces
1.31Rnk 93 / 1025
2022
Imports
$2.11MWorld Rnk 107 / 209
Flag Rnk 541 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $65.6k in Electric Furnaces, making it the 104th largest exporter of Electric Furnaces in the world. At the same year, Electric Furnaces was the 697th most exported product in Sri Lanka. The main destination of Electric Furnaces exports from Sri Lanka are: China ($19.2k), United States ($15.4k), Maldives ($10.8k), Singapore ($6.04k), and Peru ($3.55k).

The fastest growing export markets for Electric Furnaces of Sri Lanka between 2021 and 2022 were China ($19k), Singapore ($6.04k), and Oman ($3.52k).

Imports In 2022, Sri Lanka imported $2.11M in Electric Furnaces, becoming the 107th largest importer of Electric Furnaces in the world. At the same year, Electric Furnaces was the 541st most imported product in Sri Lanka. Sri Lanka imports Electric Furnaces primarily from: China ($673k), India ($329k), Chinese Taipei ($317k), Singapore ($236k), and Italy ($126k).

The fastest growing import markets in Electric Furnaces for Sri Lanka between 2021 and 2022 were Chinese Taipei ($317k), Singapore ($194k), and United Kingdom ($58.3k).

Latest Trends

Mar 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 Electric Furnaces. 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)$65.6k
IMPORTS (2022)$2.11M
NET TRADE (2022)-$2.04M

In 2022, Sri Lanka exported $65.6k in Electric Furnaces. The main destinations of Sri Lanka exports on Electric Furnaces were China ($19.2k), United States ($15.4k), Maldives ($10.8k), Singapore ($6.04k), and Peru ($3.55k).

In 2022, Sri Lanka imported $2.11M in Electric Furnaces, mainly from China ($673k), India ($329k), Chinese Taipei ($317k), Singapore ($236k), and Italy ($126k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Furnaces EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
China$19k (9.43k%)
Singapore$6.04k (1%)
Oman$3.52k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Furnaces BY Sri Lanka WERE (2021 - 2022):
Thailand-$154k (-100%)
Brazil-$8.87k (-100%)
South Korea-$8.31k (-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 Electric Furnaces were:
China $1.22B
Italy $722M
In 2022, Sri Lanka's main importing competitors in Electric Furnaces were:

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Trade Value of Electric Furnaces by Exporters

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