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2022
Exports $4.34kWorld Rnk 86 / 112
Flag Rnk 929 / 1074
2022
Destination $1.7k Maldives
2021 - 2022
FASTEST GROWING MARKET $1.7kMaldives
2022
PRODUCT COMPLEXITY IN Fireworks0.54Rnk 355 / 1025
2022
Imports $32.5kWorld Rnk 153 / 195
Flag Rnk 1051 / 1171
2022
Origin $9.66k Sweden
2021 - 2022
FASTEST GROWING ORIGIN $9.66kGermany
2022
ECONOMIC COMPLEXITY of Sri Lanka-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $4.34k in Fireworks, making it the 86th largest exporter of Fireworks in the world. At the same year, Fireworks was the 929th most exported product in Sri Lanka. The main destination of Fireworks exports from Sri Lanka are: Maldives ($4.34k).

The fastest growing export markets for Fireworks of Sri Lanka between 2021 and 2022 were Maldives ($1.7k).

Imports In 2022, Sri Lanka imported $32.5k in Fireworks, becoming the 153rd largest importer of Fireworks in the world. At the same year, Fireworks was the 1051st most imported product in Sri Lanka. Sri Lanka imports Fireworks primarily from: Sweden ($21.6k), Germany ($9.66k), and Singapore ($1.22k).

The fastest growing import markets in Fireworks for Sri Lanka between 2021 and 2022 were Germany ($9.66k).

Latest Trends

Jul 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 Fireworks. 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)$4.34k
IMPORTS (2022)$32.5k
NET TRADE (2022)-$28.2k

In 2022, Sri Lanka exported $4.34k in Fireworks. The main destinations of Sri Lanka exports on Fireworks were Maldives ($4.34k).

In 2022, Sri Lanka imported $32.5k in Fireworks, mainly from Sweden ($21.6k), Germany ($9.66k), and Singapore ($1.22k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fireworks EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):Maldives$1.7k (64.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fireworks BY Sri Lanka WERE (2021 - 2022):United Arab Emirates-$1.08k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Fireworks were:
China $1.29B
Germany $91.7M
France $89.4M
In 2022, Sri Lanka's main importing competitors in Fireworks were:
United States $711M
Germany $94.5M
Netherlands $60.5M

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Trade Value of Fireworks by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $475
TOP IMPORT POTENTIALGermany+ $5.93k

Fireworks’s highest export potential is United States. With an export gap of $475.   Fireworks’s highest import potential is Germany with an import gap of $5.93k.

See methodology.

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