2022
Exports
$106kWorld Rnk 104 / 209
Flag Rnk 642 / 1074
2022
PRODUCT COMPLEXITY IN Electrical Lighting and Signalling Equipment
0.96Rnk 190 / 1025
2022
Imports
$8.11MWorld Rnk 99 / 222
Flag Rnk 278 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $106k in Electrical Lighting and Signalling Equipment, making it the 104th largest exporter of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 642nd most exported product in Sri Lanka. The main destination of Electrical Lighting and Signalling Equipment exports from Sri Lanka are: Oman ($36.6k), Germany ($19.1k), United States ($16.1k), Maldives ($11k), and Australia ($4.62k).

The fastest growing export markets for Electrical Lighting and Signalling Equipment of Sri Lanka between 2021 and 2022 were Oman ($35k), United States ($16.1k), and Germany ($12.1k).

Imports In 2022, Sri Lanka imported $8.11M in Electrical Lighting and Signalling Equipment, becoming the 99th largest importer of Electrical Lighting and Signalling Equipment in the world. At the same year, Electrical Lighting and Signalling Equipment was the 278th most imported product in Sri Lanka. Sri Lanka imports Electrical Lighting and Signalling Equipment primarily from: China ($4.42M), India ($2.08M), Japan ($766k), Hong Kong ($149k), and Chinese Taipei ($133k).

The fastest growing import markets in Electrical Lighting and Signalling Equipment for Sri Lanka between 2021 and 2022 were China ($1.41M), Hong Kong ($31k), and Italy ($13.4k).

COMPANIES In 2023, leading companies such as General Motors (4) were at the forefront of shipping Electrical Lighting and Signalling Equipment from Sri Lanka to the United States.

Latest Trends

Sep 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 Electrical Lighting and Signalling Equipment. 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)$106k
IMPORTS (2022)$8.11M
NET TRADE (2022)-$8.01M

In 2022, Sri Lanka exported $106k in Electrical Lighting and Signalling Equipment. The main destinations of Sri Lanka exports on Electrical Lighting and Signalling Equipment were Oman ($36.6k), Germany ($19.1k), United States ($16.1k), Maldives ($11k), and Australia ($4.62k).

In 2022, Sri Lanka imported $8.11M in Electrical Lighting and Signalling Equipment, mainly from China ($4.42M), India ($2.08M), Japan ($766k), Hong Kong ($149k), and Chinese Taipei ($133k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electrical Lighting and Signalling Equipment EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Oman$35k (2.19k%)
United States$16.1k (1%)
Germany$12.1k (172%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electrical Lighting and Signalling Equipment BY Sri Lanka WERE (2021 - 2022):
Maldives-$15.7k (-58.7%)
Switzerland-$3.56k (-97.1%)
Saudi Arabia-$2.3k (-64.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Electrical Lighting and Signalling Equipment were:
China $5.89B
Mexico $3.86B
Germany $3.32B
In 2022, Sri Lanka's main importing competitors in Electrical Lighting and Signalling Equipment were:

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Trade Value of Electrical Lighting and Signalling Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $55.2k
TOP IMPORT POTENTIALChina+ $2.3M

Electrical Lighting and Signalling Equipment’s highest export potential is United States. With an export gap of $55.2k.   Electrical Lighting and Signalling Equipment’s highest import potential is China with an import gap of $2.3M.

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