2023
Exports
$15.5MWorld Rnk 46 / 205
Flag Rnk 119 / 1073
2023
PRODUCT COMPLEXITY IN Felt or Coated Fabric Garments
-1.59Rnk 960 / 1025
2023
Imports
$242kWorld Rnk 175 / 221
Flag Rnk 875 / 1170
2023
ECONOMIC COMPLEXITY of Sri Lanka
-0.44Rnk 85 / 132

About

Exports In 2023, Sri Lanka exported $15.5M in Felt or Coated Fabric Garments, making it the 46th largest exporter of Felt or Coated Fabric Garments in the world. At the same year, Felt or Coated Fabric Garments was the 119th most exported product in Sri Lanka. The main destination of Felt or Coated Fabric Garments exports from Sri Lanka are: United States ($5.8M), Belgium ($2.01M), Germany ($1.59M), Canada ($1.08M), and United Kingdom ($873k).

The fastest growing export markets for Felt or Coated Fabric Garments of Sri Lanka between 2022 and 2023 were Germany ($409k), Costa Rica ($190k), and Saudi Arabia ($146k).

Imports In 2023, Sri Lanka imported $242k in Felt or Coated Fabric Garments, becoming the 175th largest importer of Felt or Coated Fabric Garments in the world. At the same year, Felt or Coated Fabric Garments was the 875th most imported product in Sri Lanka. Sri Lanka imports Felt or Coated Fabric Garments primarily from: China ($126k), Turkey ($47.2k), Singapore ($15.5k), India ($10.5k), and France ($7.32k).

The fastest growing import markets in Felt or Coated Fabric Garments for Sri Lanka between 2022 and 2023 were China ($116k), Turkey ($39.7k), and Singapore ($15.5k).

COMPANIES In 2024, leading companies such as Nike (2) were at the forefront of shipping Felt or Coated Fabric Garments from Sri Lanka to the United States.

Latest Trends

Dec 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 Felt or Coated Fabric Garments. 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 (2023)$15.5M
IMPORTS (2023)$242k
NET TRADE (2023)$15.3M

In 2023, Sri Lanka exported $15.5M in Felt or Coated Fabric Garments. The main destinations of Sri Lanka exports on Felt or Coated Fabric Garments were United States ($5.8M), Belgium ($2.01M), Germany ($1.59M), Canada ($1.08M), and United Kingdom ($873k).

In 2023, Sri Lanka imported $242k in Felt or Coated Fabric Garments, mainly from China ($126k), Turkey ($47.2k), Singapore ($15.5k), India ($10.5k), and France ($7.32k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Felt or Coated Fabric Garments EXPORT MARKETS FOR Sri Lanka WERE (2022 - 2023):
Germany$409k (34.6%)
Costa Rica$190k (227%)
Saudi Arabia$146k (573%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Felt or Coated Fabric Garments BY Sri Lanka WERE (2022 - 2023):
Canada-$226k (-17.3%)
United Kingdom-$191k (-17.9%)
United Arab Emirates-$132k (-88.5%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Sri Lanka's main exporting competitors in Felt or Coated Fabric Garments were:
In 2023, Sri Lanka's main importing competitors in Felt or Coated Fabric Garments were:

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Trade Value of Felt or Coated Fabric Garments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.45M
TOP IMPORT POTENTIALChina+ $145k

Felt or Coated Fabric Garments’s highest export potential is United States. With an export gap of $3.45M.   Felt or Coated Fabric Garments’s highest import potential is China with an import gap of $145k.

See methodology.

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