2022
Exports
$9.96MWorld Rnk 73 / 216
Flag Rnk 146 / 1074
2022
PRODUCT COMPLEXITY IN Machinery Having Individual Functions
1.9Rnk 10 / 1025
2022
Imports
$49.4MWorld Rnk 100 / 225
Flag Rnk 75 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $9.96M in Machinery Having Individual Functions, making it the 73rd largest exporter of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 146th most exported product in Sri Lanka. The main destination of Machinery Having Individual Functions exports from Sri Lanka are: Switzerland ($3.02M), France ($1.71M), Malaysia ($1.09M), India ($971k), and Belgium ($606k).

The fastest growing export markets for Machinery Having Individual Functions of Sri Lanka between 2021 and 2022 were Switzerland ($1.38M), France ($668k), and India ($577k).

Imports In 2022, Sri Lanka imported $49.4M in Machinery Having Individual Functions, becoming the 100th largest importer of Machinery Having Individual Functions in the world. At the same year, Machinery Having Individual Functions was the 75th most imported product in Sri Lanka. Sri Lanka imports Machinery Having Individual Functions primarily from: China ($13.4M), India ($9.72M), Turkey ($5.6M), Germany ($3.56M), and United Kingdom ($2.65M).

The fastest growing import markets in Machinery Having Individual Functions for Sri Lanka between 2021 and 2022 were Turkey ($4.42M), France ($1.87M), and United Kingdom ($1.6M).

COMPANIES In 2023, leading companies such as Team Hardinger (10) and Old Navy (1) were at the forefront of shipping Machinery Having Individual Functions from Sri Lanka to the United States.

Latest Trends

Nov 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 Machinery Having Individual Functions. 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)$9.96M
IMPORTS (2022)$49.4M
NET TRADE (2022)-$39.4M

In 2022, Sri Lanka exported $9.96M in Machinery Having Individual Functions. The main destinations of Sri Lanka exports on Machinery Having Individual Functions were Switzerland ($3.02M), France ($1.71M), Malaysia ($1.09M), India ($971k), and Belgium ($606k).

In 2022, Sri Lanka imported $49.4M in Machinery Having Individual Functions, mainly from China ($13.4M), India ($9.72M), Turkey ($5.6M), Germany ($3.56M), and United Kingdom ($2.65M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Machinery Having Individual Functions EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Switzerland$1.38M (83.9%)
France$668k (64%)
India$577k (146%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Machinery Having Individual Functions BY Sri Lanka WERE (2021 - 2022):
United States-$1.52M (-91.2%)
Chinese Taipei-$1.34M (-95.1%)
China-$656k (-56.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Machinery Having Individual Functions were:
In 2022, Sri Lanka's main importing competitors in Machinery Having Individual Functions were:

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Trade Value of Machinery Having Individual Functions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.58M
TOP IMPORT POTENTIALChina+ $8.11M

Machinery Having Individual Functions’s highest export potential is United States. With an export gap of $4.58M.   Machinery Having Individual Functions’s highest import potential is China with an import gap of $8.11M.

See methodology.

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