2022
Exports
$1.51MWorld Rnk 86 / 215
Flag Rnk 329 / 1074
2022
PRODUCT COMPLEXITY IN Electric Heaters
0.46Rnk 379 / 1025
2022
Imports
$23MWorld Rnk 112 / 224
Flag Rnk 151 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $1.51M in Electric Heaters, making it the 86th largest exporter of Electric Heaters in the world. At the same year, Electric Heaters was the 329th most exported product in Sri Lanka. The main destination of Electric Heaters exports from Sri Lanka are: Switzerland ($1.13M), Maldives ($80.4k), Bangladesh ($56.2k), Jordan ($20.6k), and Germany ($18.8k).

The fastest growing export markets for Electric Heaters of Sri Lanka between 2021 and 2022 were Switzerland ($461k), Maldives ($51.2k), and Jordan ($17.2k).

Imports In 2022, Sri Lanka imported $23M in Electric Heaters, becoming the 112th largest importer of Electric Heaters in the world. At the same year, Electric Heaters was the 151st most imported product in Sri Lanka. Sri Lanka imports Electric Heaters primarily from: China ($16.1M), Malaysia ($2.16M), India ($1.13M), Turkey ($1M), and Italy ($755k).

The fastest growing import markets in Electric Heaters for Sri Lanka between 2021 and 2022 were Germany ($92.3k), Poland ($54.2k), and Norway ($50k).

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 Electric Heaters. 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)$1.51M
IMPORTS (2022)$23M
NET TRADE (2022)-$21.5M

In 2022, Sri Lanka exported $1.51M in Electric Heaters. The main destinations of Sri Lanka exports on Electric Heaters were Switzerland ($1.13M), Maldives ($80.4k), Bangladesh ($56.2k), Jordan ($20.6k), and Germany ($18.8k).

In 2022, Sri Lanka imported $23M in Electric Heaters, mainly from China ($16.1M), Malaysia ($2.16M), India ($1.13M), Turkey ($1M), and Italy ($755k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Heaters EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Switzerland$461k (68.9%)
Maldives$51.2k (176%)
Jordan$17.2k (505%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Heaters BY Sri Lanka WERE (2021 - 2022):
Germany-$419k (-95.7%)
United States-$104k (-96.6%)
Bangladesh-$15.3k (-21.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Electric Heaters were:
China $31.5B
Italy $2.96B
In 2022, Sri Lanka's main importing competitors in Electric Heaters were:

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Trade Value of Electric Heaters by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $80.2k
TOP IMPORT POTENTIALChina+ $11.1M

Electric Heaters’s highest export potential is Germany. With an export gap of $80.2k.   Electric Heaters’s highest import potential is China with an import gap of $11.1M.

See methodology.

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