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2022
Exports $33World Rnk 124 / 128
Flag Rnk 1058 / 1074
falsefalse Bangladesh
2022
PRODUCT COMPLEXITY IN Iron Ore-1.79Rnk 980 / 1025
2022
Imports $2.03kWorld Rnk 0 / 0
Flag Rnk 0 / 0
2022
ECONOMIC COMPLEXITY of Sri Lanka-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $33 in Iron Ore, making it the 124th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 1058th most exported product in Sri Lanka. The main destination of Iron Ore exports from Sri Lanka are: Bangladesh ($33).

The fastest growing export markets for Iron Ore of Sri Lanka between N/A and 2022 were Bangladesh ($33).

Imports In 2018, Sri Lanka imported $2.03k in Iron Ore, becoming the 0th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 0th most imported product in Sri Lanka. Sri Lanka imports Iron Ore primarily from: N/A.

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 Iron Ore. 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)$33
IMPORTS (2018)$2.03k
NET TRADE (2022)$33

In 2022, Sri Lanka exported $33 in Iron Ore. The main destinations of Sri Lanka exports on Iron Ore were Bangladesh ($33).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Sri Lanka WERE (N/A - 2022):Bangladesh$33 (1%)
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Change in Exports by Market (2020 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Iron Ore were:
Australia $87.9B
Brazil $30.1B
Canada $6.81B
In 2022, Sri Lanka's main importing competitors in Iron Ore were:
China $103B
Japan $11.3B
South Korea $7.58B

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $1.11k
TOP IMPORT POTENTIALAustralia+ $779

Iron Ore’s highest export potential is China. With an export gap of $1.11k.   Iron Ore’s highest import potential is Australia with an import gap of $779.

See methodology.

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