2023
Exports
$413MWorld Rnk 22 / 221
Flag Rnk 8 / 1073
2023
PRODUCT COMPLEXITY IN Non-Knit Men's Suits
-1.21Rnk 878 / 1025
2023
Imports
$8.49MWorld Rnk 127 / 225
Flag Rnk 266 / 1170
2023
ECONOMIC COMPLEXITY of Sri Lanka
-0.44Rnk 85 / 132

About

Exports In 2023, Sri Lanka exported $413M in Non-Knit Men's Suits, making it the 22nd largest exporter of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 8th most exported product in Sri Lanka. The main destination of Non-Knit Men's Suits exports from Sri Lanka are: United States ($106M), Germany ($68.6M), United Kingdom ($50.2M), Netherlands ($24.2M), and Sweden ($23.1M).

The fastest growing export markets for Non-Knit Men's Suits of Sri Lanka between 2022 and 2023 were United Kingdom ($5.22M), Poland ($2.45M), and Canada ($1.8M).

Imports In 2023, Sri Lanka imported $8.49M in Non-Knit Men's Suits, becoming the 127th largest importer of Non-Knit Men's Suits in the world. At the same year, Non-Knit Men's Suits was the 266th most imported product in Sri Lanka. Sri Lanka imports Non-Knit Men's Suits primarily from: India ($4.5M), Sweden ($1.07M), China ($761k), Pakistan ($744k), and Bangladesh ($556k).

The fastest growing import markets in Non-Knit Men's Suits for Sri Lanka between 2022 and 2023 were Sweden ($1M), Pakistan ($608k), and India ($103k).

Latest Trends

Jan 2025

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 Non-Knit Men's Suits. 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 (2023)$413M
IMPORTS (2023)$8.49M
NET TRADE (2023)$405M

In 2023, Sri Lanka exported $413M in Non-Knit Men's Suits. The main destinations of Sri Lanka exports on Non-Knit Men's Suits were United States ($106M), Germany ($68.6M), United Kingdom ($50.2M), Netherlands ($24.2M), and Sweden ($23.1M).

In 2023, Sri Lanka imported $8.49M in Non-Knit Men's Suits, mainly from India ($4.5M), Sweden ($1.07M), China ($761k), Pakistan ($744k), and Bangladesh ($556k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Non-Knit Men's Suits EXPORT MARKETS FOR Sri Lanka WERE (2022 - 2023):
United Kingdom$5.22M (11.6%)
Poland$2.45M (34.5%)
Canada$1.8M (14.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Non-Knit Men's Suits BY Sri Lanka WERE (2022 - 2023):
United States-$40.5M (-27.7%)
Germany-$17.9M (-20.7%)
Belgium-$10.8M (-41.9%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Sri Lanka's main exporting competitors in Non-Knit Men's Suits were:
In 2023, Sri Lanka's main importing competitors in Non-Knit Men's Suits were:

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Trade Value of Non-Knit Men's Suits by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $53M
TOP IMPORT POTENTIALChina+ $2.03M

Non-Knit Men's Suits’s highest export potential is United States. With an export gap of $53M.   Non-Knit Men's Suits’s highest import potential is China with an import gap of $2.03M.

See methodology.

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