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2022
Exports $40MWorld Rnk 19 / 172
Flag Rnk 62 / 1074
2022
Destination $1.51M India
2021 - 2022
FASTEST GROWING MARKET $1.51MBangladesh
2022
PRODUCT COMPLEXITY IN Narrow Woven Fabric-0.052Rnk 562 / 1025
2022
Imports $112MWorld Rnk 10 / 218
Flag Rnk 28 / 1171
2022
Origin $1.01M Hong Kong
2021 - 2022
FASTEST GROWING ORIGIN $1.01MPakistan
2022
ECONOMIC COMPLEXITY of Sri Lanka-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $40M in Narrow Woven Fabric, making it the 19th largest exporter of Narrow Woven Fabric in the world. At the same year, Narrow Woven Fabric was the 62nd most exported product in Sri Lanka. The main destination of Narrow Woven Fabric exports from Sri Lanka are: India ($12.2M), Bangladesh ($11.9M), Jordan ($4.3M), Kenya ($3.06M), and Indonesia ($2.37M).

The fastest growing export markets for Narrow Woven Fabric of Sri Lanka between 2021 and 2022 were Bangladesh ($1.51M), Jordan ($1.4M), and Kenya ($540k).

Imports In 2022, Sri Lanka imported $112M in Narrow Woven Fabric, becoming the 10th largest importer of Narrow Woven Fabric in the world. At the same year, Narrow Woven Fabric was the 28th most imported product in Sri Lanka. Sri Lanka imports Narrow Woven Fabric primarily from: Hong Kong ($31.6M), China ($30.5M), Italy ($18.3M), India ($16.1M), and Chinese Taipei ($4.02M).

The fastest growing import markets in Narrow Woven Fabric for Sri Lanka between 2021 and 2022 were Pakistan ($1.01M), South Korea ($984k), and Bangladesh ($637k).

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 Narrow Woven Fabric. 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)$40M
IMPORTS (2022)$112M
NET TRADE (2022)-$72.2M

In 2022, Sri Lanka exported $40M in Narrow Woven Fabric. The main destinations of Sri Lanka exports on Narrow Woven Fabric were India ($12.2M), Bangladesh ($11.9M), Jordan ($4.3M), Kenya ($3.06M), and Indonesia ($2.37M).

In 2022, Sri Lanka imported $112M in Narrow Woven Fabric, mainly from Hong Kong ($31.6M), China ($30.5M), Italy ($18.3M), India ($16.1M), and Chinese Taipei ($4.02M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Narrow Woven Fabric EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Bangladesh$1.51M (14.6%)
Jordan$1.4M (48.1%)
Kenya$540k (21.4%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Narrow Woven Fabric BY Sri Lanka WERE (2021 - 2022):
Pakistan-$3.81M (-75.9%)
India-$3.33M (-21.4%)
Indonesia-$1.03M (-30.2%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Narrow Woven Fabric were:
China $1.89B
Chinese Taipei $319M
Germany $300M
In 2022, Sri Lanka's main importing competitors in Narrow Woven Fabric were:
United States $441M
Vietnam $334M
Mexico $279M

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Trade Value of Narrow Woven Fabric by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndonesia+ $837k
TOP IMPORT POTENTIALChina+ $2.17M

Narrow Woven Fabric’s highest export potential is Indonesia. With an export gap of $837k.   Narrow Woven Fabric’s highest import potential is China with an import gap of $2.17M.

See methodology.

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