2018
Exports
$492kWorld Rnk 94 / 207
Flag Rnk 464 / 1074
2022
PRODUCT COMPLEXITY IN Iron Housewares
-0.78Rnk 776 / 1025
2018
Imports
$8.32MWorld Rnk 118 / 223
Flag Rnk 275 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2018, Sri Lanka exported $492k in Iron Housewares, making it the 94th largest exporter of Iron Housewares in the world. At the same year, Iron Housewares was the 464th most exported product in Sri Lanka. The main destination of Iron Housewares exports from Sri Lanka are: Maldives ($85.9k), Australia ($62.9k), Germany ($36.5k), United Kingdom ($34.7k), and Switzerland ($21.1k).

The fastest growing export markets for Iron Housewares of Sri Lanka between 2021 and 2022 were Indonesia ($16.3k), Bahrain ($14.4k), and Estonia ($12.1k).

Imports In 2022, Sri Lanka imported $8.32M in Iron Housewares, becoming the 118th largest importer of Iron Housewares in the world. At the same year, Iron Housewares was the 275th most imported product in Sri Lanka. Sri Lanka imports Iron Housewares primarily from: China ($4.54M), India ($2.25M), France ($523k), United Arab Emirates ($186k), and Indonesia ($154k).

The fastest growing import markets in Iron Housewares for Sri Lanka between 2021 and 2022 were France ($484k), United Arab Emirates ($129k), and Thailand ($124k).

COMPANIES In 2023, leading companies such as Volvo (3) and At Home Procurement (1) were at the forefront of shipping Iron Housewares from Sri Lanka to the United States.

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 Housewares. 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)$492k
IMPORTS (2022)$8.32M
NET TRADE (2022)-$7.83M

In 2022, Sri Lanka exported $492k in Iron Housewares. The main destinations of Sri Lanka exports on Iron Housewares were Maldives ($85.9k), Australia ($62.9k), Germany ($36.5k), United Kingdom ($34.7k), and Switzerland ($21.1k).

In 2022, Sri Lanka imported $8.32M in Iron Housewares, mainly from China ($4.54M), India ($2.25M), France ($523k), United Arab Emirates ($186k), and Indonesia ($154k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Housewares EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Indonesia$16.3k (271k%)
Bahrain$14.4k (2.7k%)
Estonia$12.1k (2.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Housewares BY Sri Lanka WERE (2021 - 2022):
Saudi Arabia-$227k (-94.9%)
Poland-$42.6k (-87.1%)
United Kingdom-$40.8k (-54.1%)

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 Housewares were:
China $12.2B
India $744M
In 2022, Sri Lanka's main importing competitors in Iron Housewares were:

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Trade Value of Iron Housewares by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $63.6k
TOP IMPORT POTENTIALChina+ $3.49M

Iron Housewares’s highest export potential is Germany. With an export gap of $63.6k.   Iron Housewares’s highest import potential is China with an import gap of $3.49M.

See methodology.

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