2022
Exports
$456kWorld Rnk 67 / 153
Flag Rnk 474 / 1074
2022
PRODUCT COMPLEXITY IN Insect Resins
-2.5Rnk 1019 / 1025
2022
Imports
$848kWorld Rnk 74 / 197
Flag Rnk 711 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $456k in Insect Resins, making it the 67th largest exporter of Insect Resins in the world. At the same year, Insect Resins was the 474th most exported product in Sri Lanka. The main destination of Insect Resins exports from Sri Lanka are: India ($291k), Pakistan ($141k), Jordan ($7.04k), United States ($6.89k), and United Arab Emirates ($5.29k).

The fastest growing export markets for Insect Resins of Sri Lanka between 2021 and 2022 were Jordan ($7.04k), United States ($6.89k), and United Arab Emirates ($5.29k).

Imports In 2022, Sri Lanka imported $848k in Insect Resins, becoming the 74th largest importer of Insect Resins in the world. At the same year, Insect Resins was the 711th most imported product in Sri Lanka. Sri Lanka imports Insect Resins primarily from: Indonesia ($302k), India ($298k), Thailand ($85.6k), Pakistan ($51k), and Germany ($46.9k).

The fastest growing import markets in Insect Resins for Sri Lanka between 2021 and 2022 were Malaysia ($7.95k), Germany ($6.75k), and Italy ($3.05k).

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 Insect Resins. 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)$456k
IMPORTS (2022)$848k
NET TRADE (2022)-$392k

In 2022, Sri Lanka exported $456k in Insect Resins. The main destinations of Sri Lanka exports on Insect Resins were India ($291k), Pakistan ($141k), Jordan ($7.04k), United States ($6.89k), and United Arab Emirates ($5.29k).

In 2022, Sri Lanka imported $848k in Insect Resins, mainly from Indonesia ($302k), India ($298k), Thailand ($85.6k), Pakistan ($51k), and Germany ($46.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insect Resins EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Jordan$7.04k (1%)
United States$6.89k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insect Resins BY Sri Lanka WERE (2021 - 2022):
Pakistan-$219k (-60.8%)
India-$75.2k (-20.6%)
Vietnam-$25k (-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 Insect Resins were:
In 2022, Sri Lanka's main importing competitors in Insect Resins were:

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Trade Value of Insect Resins by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $224k
TOP IMPORT POTENTIALIndia+ $122k

Insect Resins’s highest export potential is India. With an export gap of $224k.   Insect Resins’s highest import potential is India with an import gap of $122k.

See methodology.

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