2023
Exports
$3.19MWorld Rnk 35 / 147
Flag Rnk 245 / 1073
2023
PRODUCT COMPLEXITY IN Granite
-1.45Rnk 936 / 1025
2023
Imports
$2.65MWorld Rnk 45 / 199
Flag Rnk 470 / 1170
2023
ECONOMIC COMPLEXITY of Sri Lanka
-0.44Rnk 85 / 132

About

Exports In 2023, Sri Lanka exported $3.19M in Granite, making it the 35th largest exporter of Granite in the world. At the same year, Granite was the 245th most exported product in Sri Lanka. The main destination of Granite exports from Sri Lanka are: China ($2.83M), India ($288k), Italy ($51.8k), Poland ($16.9k), and Australia ($2.24k).

The fastest growing export markets for Granite of Sri Lanka between 2022 and 2023 were China ($1.03M), Poland ($10k), and Australia ($2.24k).

Imports In 2023, Sri Lanka imported $2.65M in Granite, becoming the 45th largest importer of Granite in the world. At the same year, Granite was the 470th most imported product in Sri Lanka. Sri Lanka imports Granite primarily from: India ($2.49M), Norway ($120k), Portugal ($19.7k), United Arab Emirates ($13.5k), and China ($13.4k).

The fastest growing import markets in Granite for Sri Lanka between 2022 and 2023 were Norway ($120k), India ($33.3k), and Portugal ($19.7k).

COMPANIES In 2024, leading companies such as Bedrosians Tile & Stone (1) were at the forefront of shipping Granite 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 Granite. 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)$3.19M
IMPORTS (2023)$2.65M
NET TRADE (2023)$538k

In 2023, Sri Lanka exported $3.19M in Granite. The main destinations of Sri Lanka exports on Granite were China ($2.83M), India ($288k), Italy ($51.8k), Poland ($16.9k), and Australia ($2.24k).

In 2023, Sri Lanka imported $2.65M in Granite, mainly from India ($2.49M), Norway ($120k), Portugal ($19.7k), United Arab Emirates ($13.5k), and China ($13.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Granite EXPORT MARKETS FOR Sri Lanka WERE (2022 - 2023):
China$1.03M (57%)
Poland$10k (145%)
Australia$2.24k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Granite BY Sri Lanka WERE (2022 - 2023):
India-$306k (-51.5%)
Egypt-$193k (-100%)
Iran-$62.8k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Sri Lanka's main exporting competitors in Granite were:
In 2023, Sri Lanka's main importing competitors in Granite were:

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Trade Value of Granite by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $813k
TOP IMPORT POTENTIALIndia+ $473k

Granite’s highest export potential is China. With an export gap of $813k.   Granite’s highest import potential is India with an import gap of $473k.

See methodology.

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