2022
Exports
$1.14MWorld Rnk 68 / 194
Flag Rnk 374 / 1074
2022
PRODUCT COMPLEXITY IN Harvesting Machinery
0.77Rnk 257 / 1025
2022
Imports
$9.72MWorld Rnk 92 / 222
Flag Rnk 252 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $1.14M in Harvesting Machinery, making it the 68th largest exporter of Harvesting Machinery in the world. At the same year, Harvesting Machinery was the 374th most exported product in Sri Lanka. The main destination of Harvesting Machinery exports from Sri Lanka are: India ($972k), Germany ($56.8k), Switzerland ($28.9k), United Kingdom ($23.9k), and Canada ($13.5k).

The fastest growing export markets for Harvesting Machinery of Sri Lanka between 2021 and 2022 were India ($942k), Germany ($42.5k), and United Kingdom ($23.9k).

Imports In 2022, Sri Lanka imported $9.72M in Harvesting Machinery, becoming the 92nd largest importer of Harvesting Machinery in the world. At the same year, Harvesting Machinery was the 252nd most imported product in Sri Lanka. Sri Lanka imports Harvesting Machinery primarily from: China ($6.77M), Thailand ($1.56M), India ($590k), Japan ($293k), and Italy ($114k).

The fastest growing import markets in Harvesting Machinery for Sri Lanka between 2021 and 2022 were Netherlands ($41.4k), Spain ($27k), and United Kingdom ($25.1k).

COMPANIES In 2023, leading companies such as John Deere (8) were at the forefront of shipping Harvesting Machinery from Sri Lanka to the United States.

Latest Trends

Oct 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 Harvesting Machinery. 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)$1.14M
IMPORTS (2022)$9.72M
NET TRADE (2022)-$8.59M

In 2022, Sri Lanka exported $1.14M in Harvesting Machinery. The main destinations of Sri Lanka exports on Harvesting Machinery were India ($972k), Germany ($56.8k), Switzerland ($28.9k), United Kingdom ($23.9k), and Canada ($13.5k).

In 2022, Sri Lanka imported $9.72M in Harvesting Machinery, mainly from China ($6.77M), Thailand ($1.56M), India ($590k), Japan ($293k), and Italy ($114k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Harvesting Machinery EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
India$942k (3.13k%)
Germany$42.5k (298%)
United Kingdom$23.9k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Harvesting Machinery BY Sri Lanka WERE (2021 - 2022):
Spain-$2.4k (-61.5%)
Norway-$2.25k (-94.5%)
Poland-$1.78k (-36.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Harvesting Machinery were:
In 2022, Sri Lanka's main importing competitors in Harvesting Machinery were:

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Trade Value of Harvesting Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $254k
TOP IMPORT POTENTIALChina+ $1.95M

Harvesting Machinery’s highest export potential is India. With an export gap of $254k.   Harvesting Machinery’s highest import potential is China with an import gap of $1.95M.

See methodology.

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