2022
Exports
$20.1kWorld Rnk 43 / 81
Flag Rnk 833 / 1074
2022
PRODUCT COMPLEXITY IN Jute Yarn
-1.22Rnk 882 / 1025
2022
Imports
$1.17MWorld Rnk 33 / 166
Flag Rnk 664 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $20.1k in Jute Yarn, making it the 43rd largest exporter of Jute Yarn in the world. At the same year, Jute Yarn was the 833rd most exported product in Sri Lanka. The main destination of Jute Yarn exports from Sri Lanka are: Oman ($14.8k), Maldives ($4.3k), Netherlands ($511), Norway ($343), and Ireland ($92).

The fastest growing export markets for Jute Yarn of Sri Lanka between 2021 and 2022 were Maldives ($1.49k), Netherlands ($435), and Norway ($343).

Imports In 2022, Sri Lanka imported $1.17M in Jute Yarn, becoming the 33rd largest importer of Jute Yarn in the world. At the same year, Jute Yarn was the 664th most imported product in Sri Lanka. Sri Lanka imports Jute Yarn primarily from: Bangladesh ($1.14M), India ($15.7k), China ($4.46k), and France ($848).

The fastest growing import markets in Jute Yarn for Sri Lanka between 2021 and 2022 were France ($848).

Latest Trends

Oct 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 Jute Yarn. 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)$20.1k
IMPORTS (2022)$1.17M
NET TRADE (2022)-$1.15M

In 2022, Sri Lanka exported $20.1k in Jute Yarn. The main destinations of Sri Lanka exports on Jute Yarn were Oman ($14.8k), Maldives ($4.3k), Netherlands ($511), Norway ($343), and Ireland ($92).

In 2022, Sri Lanka imported $1.17M in Jute Yarn, mainly from Bangladesh ($1.14M), India ($15.7k), China ($4.46k), and France ($848).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Jute Yarn EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Maldives$1.49k (53%)
Netherlands$435 (572%)
Norway$343 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Jute Yarn BY Sri Lanka WERE (2021 - 2022):Oman-$437 (-2.87%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Jute Yarn were:
In 2022, Sri Lanka's main importing competitors in Jute Yarn were:
China $127M
India $62.4M

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Trade Value of Jute Yarn by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $881
TOP IMPORT POTENTIALIndia+ $5.08k

Jute Yarn’s highest export potential is China. With an export gap of $881.   Jute Yarn’s highest import potential is India with an import gap of $5.08k.

See methodology.

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