2022
Exports
$2.9MWorld Rnk 37 / 152
Flag Rnk 260 / 1074
2022
PRODUCT COMPLEXITY IN Granite
-1.39Rnk 929 / 1025
2022
Imports
$2.32MWorld Rnk 54 / 197
Flag Rnk 522 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $2.9M in Granite, making it the 37th largest exporter of Granite in the world. At the same year, Granite was the 260th most exported product in Sri Lanka. The main destination of Granite exports from Sri Lanka are: China ($1.97M), India ($563k), Egypt ($187k), Italy ($74.6k), and United Arab Emirates ($59k).

The fastest growing export markets for Granite of Sri Lanka between 2021 and 2022 were Egypt ($187k), China ($62.9k), and United Kingdom ($17.5k).

Imports In 2022, Sri Lanka imported $2.32M in Granite, becoming the 54th largest importer of Granite in the world. At the same year, Granite was the 522nd most imported product in Sri Lanka. Sri Lanka imports Granite primarily from: India ($2.24M), China ($76.4k), Turkey ($7.48k), South Korea ($15), and Singapore ($15).

The fastest growing import markets in Granite for Sri Lanka between 2021 and 2022 were Turkey ($7.47k) and South Korea ($15).

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 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 (2022)$2.9M
IMPORTS (2022)$2.32M
NET TRADE (2022)$583k

In 2022, Sri Lanka exported $2.9M in Granite. The main destinations of Sri Lanka exports on Granite were China ($1.97M), India ($563k), Egypt ($187k), Italy ($74.6k), and United Arab Emirates ($59k).

In 2022, Sri Lanka imported $2.32M in Granite, mainly from India ($2.24M), China ($76.4k), Turkey ($7.48k), South Korea ($15), and Singapore ($15).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Granite EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Egypt$187k (1%)
China$62.9k (3.3%)
United Kingdom$17.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Granite BY Sri Lanka WERE (2021 - 2022):
India-$298k (-34.6%)
Italy-$65.8k (-46.9%)
Chinese Taipei-$59k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Granite were:
In 2022, 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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