2022
Exports
$5.63MWorld Rnk 22 / 163
Flag Rnk 191 / 1074
2022
PRODUCT COMPLEXITY IN Labels
-0.16Rnk 599 / 1025
2022
Imports
$17MWorld Rnk 19 / 211
Flag Rnk 186 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $5.63M in Labels, making it the 22nd largest exporter of Labels in the world. At the same year, Labels was the 191st most exported product in Sri Lanka. The main destination of Labels exports from Sri Lanka are: Jordan ($1.17M), Morocco ($1.12M), Indonesia ($1M), Kenya ($682k), and India ($403k).

The fastest growing export markets for Labels of Sri Lanka between 2021 and 2022 were Jordan ($562k), Indonesia ($511k), and Morocco ($375k).

Imports In 2022, Sri Lanka imported $17M in Labels, becoming the 19th largest importer of Labels in the world. At the same year, Labels was the 186th most imported product in Sri Lanka. Sri Lanka imports Labels primarily from: China ($6.37M), Hong Kong ($6.23M), India ($2.28M), Chinese Taipei ($490k), and Italy ($467k).

The fastest growing import markets in Labels for Sri Lanka between 2021 and 2022 were Chinese Taipei ($142k), Germany ($41.4k), and Italy ($31.5k).

COMPANIES In 2023, leading companies such as At Home Procurement (1) were at the forefront of shipping Labels from Sri Lanka to the United States.

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 Labels. 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)$5.63M
IMPORTS (2022)$17M
NET TRADE (2022)-$11.4M

In 2022, Sri Lanka exported $5.63M in Labels. The main destinations of Sri Lanka exports on Labels were Jordan ($1.17M), Morocco ($1.12M), Indonesia ($1M), Kenya ($682k), and India ($403k).

In 2022, Sri Lanka imported $17M in Labels, mainly from China ($6.37M), Hong Kong ($6.23M), India ($2.28M), Chinese Taipei ($490k), and Italy ($467k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Labels EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Jordan$562k (92.5%)
Indonesia$511k (104%)
Morocco$375k (50%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Labels BY Sri Lanka WERE (2021 - 2022):
India-$705k (-63.7%)
Kenya-$289k (-29.8%)
Ethiopia-$162k (-34.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Labels were:
In 2022, Sri Lanka's main importing competitors in Labels were:

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Trade Value of Labels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndonesia+ $179k
TOP IMPORT POTENTIALChina+ $803k

Labels’s highest export potential is Indonesia. With an export gap of $179k.   Labels’s highest import potential is China with an import gap of $803k.

See methodology.

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