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Exports In 2022, Sri Lanka exported $9.52k in Iron Sewing Needles, making it the 80th largest exporter of Iron Sewing Needles in the world. At the same year, Iron Sewing Needles was the 884th most exported product in Sri Lanka. The main destination of Iron Sewing Needles exports from Sri Lanka are: Mozambique ($2.96k), Maldives ($2.33k), Nigeria ($1.57k), Switzerland ($1.03k), and Ethiopia ($378).

The fastest growing export markets for Iron Sewing Needles of Sri Lanka between 2021 and 2022 were Mozambique ($2.96k), Nigeria ($1.57k), and Switzerland ($1.01k).

Imports In 2022, Sri Lanka imported $980k in Iron Sewing Needles, becoming the 56th largest importer of Iron Sewing Needles in the world. At the same year, Iron Sewing Needles was the 693rd most imported product in Sri Lanka. Sri Lanka imports Iron Sewing Needles primarily from: China ($493k), Germany ($180k), Malaysia ($65.6k), Hong Kong ($57.2k), and Japan ($38k).

The fastest growing import markets in Iron Sewing Needles for Sri Lanka between 2021 and 2022 were Germany ($173k), China ($120k), and Hong Kong ($54.3k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Sewing Needles. 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)$9.52k
IMPORTS (2022)$980k
NET TRADE (2022)-$971k

In 2022, Sri Lanka exported $9.52k in Iron Sewing Needles. The main destinations of Sri Lanka exports on Iron Sewing Needles were Mozambique ($2.96k), Maldives ($2.33k), Nigeria ($1.57k), Switzerland ($1.03k), and Ethiopia ($378).

In 2022, Sri Lanka imported $980k in Iron Sewing Needles, mainly from China ($493k), Germany ($180k), Malaysia ($65.6k), Hong Kong ($57.2k), and Japan ($38k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Sewing Needles EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Mozambique$2.96k (1%)
Nigeria$1.57k (1%)
Switzerland$1.01k (7.23k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Sewing Needles BY Sri Lanka WERE (2021 - 2022):
India-$8.51k (-99.7%)
Papua New Guinea-$3.57k (-100%)
Kenya-$1.41k (-83.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Sri Lanka's main exporting competitors in Iron Sewing Needles were:
In 2022, Sri Lanka's main importing competitors in Iron Sewing Needles were:

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Trade Value of Iron Sewing Needles by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $528
TOP IMPORT POTENTIALIndia+ $27.7k

Iron Sewing Needles’s highest export potential is United States. With an export gap of $528.   Iron Sewing Needles’s highest import potential is India with an import gap of $27.7k.

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