Exports In 2022, Sri Lanka exported $13.3M in Iron & steel, making it the 141st largest exporter of Iron & steel in the world. At the same year, Iron & steel was the 63rd most exported product in Sri Lanka. The main destination of Iron & steel exports from Sri Lanka are: Maldives ($6.83M), India ($3.53M), Malaysia ($714k), Oman ($589k), and Seychelles ($487k).
The fastest growing export markets for Iron & steel of Sri Lanka between 2021 and 2022 were Malaysia ($606k), Oman ($578k), and India ($463k).
Imports In 2022, Sri Lanka imported $379M in Iron & steel, becoming the 97th largest importer of Iron & steel in the world. At the same year, Iron & steel was the 13th most imported product in Sri Lanka. Sri Lanka imports Iron & steel primarily from: China ($135M), India ($128M), United Arab Emirates ($23.6M), Indonesia ($15.3M), and South Korea ($13.9M).
The fastest growing import markets in Iron & steel for Sri Lanka between 2021 and 2022 were United Arab Emirates ($14M), Japan ($2.17M), and South Africa ($1.45M).
COMPANIES In 2023, leading companies such as John Deere (14), SIGMA Corp (13), and Gap (4) were at the forefront of shipping Iron & steel from Sri Lanka to the United States.