2022
Exports
$177kWorld Rnk 83 / 207
Flag Rnk 581 / 1074
2022
PRODUCT COMPLEXITY IN Iron Springs
0.94Rnk 195 / 1025
2022
Imports
$3.62MWorld Rnk 90 / 218
Flag Rnk 447 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $177k in Iron Springs, making it the 83rd largest exporter of Iron Springs in the world. At the same year, Iron Springs was the 581st most exported product in Sri Lanka. The main destination of Iron Springs exports from Sri Lanka are: Romania ($54.4k), Japan ($52.1k), Maldives ($17.2k), Philippines ($12.9k), and Canada ($9.61k).

The fastest growing export markets for Iron Springs of Sri Lanka between 2021 and 2022 were Maldives ($15.9k), Philippines ($11.6k), and Canada ($8.97k).

Imports In 2022, Sri Lanka imported $3.62M in Iron Springs, becoming the 90th largest importer of Iron Springs in the world. At the same year, Iron Springs was the 447th most imported product in Sri Lanka. Sri Lanka imports Iron Springs primarily from: China ($1.82M), India ($795k), Germany ($149k), Indonesia ($101k), and Denmark ($97.3k).

The fastest growing import markets in Iron Springs for Sri Lanka between 2021 and 2022 were Sweden ($15.8k), Australia ($13.5k), and New Zealand ($11.5k).

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 Springs. 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)$177k
IMPORTS (2022)$3.62M
NET TRADE (2022)-$3.44M

In 2022, Sri Lanka exported $177k in Iron Springs. The main destinations of Sri Lanka exports on Iron Springs were Romania ($54.4k), Japan ($52.1k), Maldives ($17.2k), Philippines ($12.9k), and Canada ($9.61k).

In 2022, Sri Lanka imported $3.62M in Iron Springs, mainly from China ($1.82M), India ($795k), Germany ($149k), Indonesia ($101k), and Denmark ($97.3k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Springs EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Maldives$15.9k (1.26k%)
Philippines$11.6k (932%)
Canada$8.97k (1.39k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Springs BY Sri Lanka WERE (2021 - 2022):
Japan-$34.1k (-39.5%)
Singapore-$9.94k (-98.7%)
Russia-$8.24k (-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 Iron Springs were:
In 2022, Sri Lanka's main importing competitors in Iron Springs were:

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Trade Value of Iron Springs by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $24.2k
TOP IMPORT POTENTIALChina+ $471k

Iron Springs’s highest export potential is Japan. With an export gap of $24.2k.   Iron Springs’s highest import potential is China with an import gap of $471k.

See methodology.

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