2022
Exports
$439kWorld Rnk 50 / 140
Flag Rnk 478 / 1074
2022
PRODUCT COMPLEXITY IN Ornamental Trimmings
-0.27Rnk 635 / 1025
2022
Imports
$1.62MWorld Rnk 57 / 201
Flag Rnk 587 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $439k in Ornamental Trimmings, making it the 50th largest exporter of Ornamental Trimmings in the world. At the same year, Ornamental Trimmings was the 478th most exported product in Sri Lanka. The main destination of Ornamental Trimmings exports from Sri Lanka are: France ($138k), South Korea ($79.3k), Dominican Republic ($35.3k), Vietnam ($32.7k), and United States ($20.5k).

The fastest growing export markets for Ornamental Trimmings of Sri Lanka between 2021 and 2022 were France ($56.9k), Dominican Republic ($35.3k), and South Korea ($15.2k).

Imports In 2022, Sri Lanka imported $1.62M in Ornamental Trimmings, becoming the 57th largest importer of Ornamental Trimmings in the world. At the same year, Ornamental Trimmings was the 587th most imported product in Sri Lanka. Sri Lanka imports Ornamental Trimmings primarily from: China ($1.35M), India ($66.6k), Chinese Taipei ($62.4k), Italy ($55.1k), and Vietnam ($20.7k).

The fastest growing import markets in Ornamental Trimmings for Sri Lanka between 2021 and 2022 were China ($415k), Chinese Taipei ($18.6k), and United Kingdom ($11.6k).

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 Ornamental Trimmings. 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)$439k
IMPORTS (2022)$1.62M
NET TRADE (2022)-$1.18M

In 2022, Sri Lanka exported $439k in Ornamental Trimmings. The main destinations of Sri Lanka exports on Ornamental Trimmings were France ($138k), South Korea ($79.3k), Dominican Republic ($35.3k), Vietnam ($32.7k), and United States ($20.5k).

In 2022, Sri Lanka imported $1.62M in Ornamental Trimmings, mainly from China ($1.35M), India ($66.6k), Chinese Taipei ($62.4k), Italy ($55.1k), and Vietnam ($20.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Ornamental Trimmings EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
France$56.9k (70.2%)
South Korea$15.2k (23.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Ornamental Trimmings BY Sri Lanka WERE (2021 - 2022):
India-$541k (-98.2%)
Vietnam-$140k (-81%)
China-$135k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Ornamental Trimmings by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALIndia+ $40.1k
TOP IMPORT POTENTIALIndia+ $81.4k

Ornamental Trimmings’s highest export potential is India. With an export gap of $40.1k.   Ornamental Trimmings’s highest import potential is India with an import gap of $81.4k.

See methodology.

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