2022
Exports
$105kWorld Rnk 98 / 188
Flag Rnk 645 / 1074
2022
PRODUCT COMPLEXITY IN Iron Chains
1.44Rnk 65 / 1025
2022
Imports
$6.35MWorld Rnk 90 / 222
Flag Rnk 327 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $105k in Iron Chains, making it the 98th largest exporter of Iron Chains in the world. At the same year, Iron Chains was the 645th most exported product in Sri Lanka. The main destination of Iron Chains exports from Sri Lanka are: Nepal ($23.1k), Seychelles ($21.3k), Bangladesh ($15.2k), Malaysia ($14.5k), and Canada ($11k).

The fastest growing export markets for Iron Chains of Sri Lanka between 2021 and 2022 were Nepal ($23.1k), Seychelles ($20.1k), and Bangladesh ($15.2k).

Imports In 2022, Sri Lanka imported $6.35M in Iron Chains, becoming the 90th largest importer of Iron Chains in the world. At the same year, Iron Chains was the 327th most imported product in Sri Lanka. Sri Lanka imports Iron Chains primarily from: China ($4.05M), India ($720k), Germany ($378k), Hong Kong ($223k), and Malaysia ($221k).

The fastest growing import markets in Iron Chains for Sri Lanka between 2021 and 2022 were Hong Kong ($154k), Vietnam ($98.9k), and Germany ($88.4k).

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 Iron Chains. 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)$105k
IMPORTS (2022)$6.35M
NET TRADE (2022)-$6.24M

In 2022, Sri Lanka exported $105k in Iron Chains. The main destinations of Sri Lanka exports on Iron Chains were Nepal ($23.1k), Seychelles ($21.3k), Bangladesh ($15.2k), Malaysia ($14.5k), and Canada ($11k).

In 2022, Sri Lanka imported $6.35M in Iron Chains, mainly from China ($4.05M), India ($720k), Germany ($378k), Hong Kong ($223k), and Malaysia ($221k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Chains EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Nepal$23.1k (1%)
Seychelles$20.1k (1.74k%)
Bangladesh$15.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Chains BY Sri Lanka WERE (2021 - 2022):
Singapore-$9.16k (-100%)
Colombia-$7.75k (-100%)
Maldives-$5.74k (-37.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Iron Chains were:
China $2.52B
Japan $503M
In 2022, Sri Lanka's main importing competitors in Iron Chains were:

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Trade Value of Iron Chains by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $19.6k
TOP IMPORT POTENTIALChina+ $1.17M

Iron Chains’s highest export potential is India. With an export gap of $19.6k.   Iron Chains’s highest import potential is China with an import gap of $1.17M.

See methodology.

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