2022
Exports
$904kWorld Rnk 75 / 218
Flag Rnk 398 / 1074
2022
PRODUCT COMPLEXITY IN Other Hand Tools
1.51Rnk 50 / 1025
2022
Imports
$4.99MWorld Rnk 115 / 224
Flag Rnk 381 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $904k in Other Hand Tools, making it the 75th largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 398th most exported product in Sri Lanka. The main destination of Other Hand Tools exports from Sri Lanka are: Canada ($430k), United States ($203k), Japan ($34.6k), Maldives ($33.7k), and Seychelles ($20.9k).

The fastest growing export markets for Other Hand Tools of Sri Lanka between 2021 and 2022 were United States ($134k), Japan ($34.4k), and Canada ($31k).

Imports In 2022, Sri Lanka imported $4.99M in Other Hand Tools, becoming the 115th largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 381st most imported product in Sri Lanka. Sri Lanka imports Other Hand Tools primarily from: China ($3.58M), India ($510k), Chinese Taipei ($118k), Germany ($109k), and France ($96.5k).

The fastest growing import markets in Other Hand Tools for Sri Lanka between 2021 and 2022 were France ($52.4k), Norway ($33.1k), and Finland ($15.9k).

COMPANIES In 2023, leading companies such as David's Bridal (45) were at the forefront of shipping Other Hand Tools from Sri Lanka to the United States.

Latest Trends

Oct 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 Other Hand Tools. 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)$904k
IMPORTS (2022)$4.99M
NET TRADE (2022)-$4.09M

In 2022, Sri Lanka exported $904k in Other Hand Tools. The main destinations of Sri Lanka exports on Other Hand Tools were Canada ($430k), United States ($203k), Japan ($34.6k), Maldives ($33.7k), and Seychelles ($20.9k).

In 2022, Sri Lanka imported $4.99M in Other Hand Tools, mainly from China ($3.58M), India ($510k), Chinese Taipei ($118k), Germany ($109k), and France ($96.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
United States$134k (197%)
Japan$34.4k (23.1k%)
Canada$31k (7.77%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Sri Lanka WERE (2021 - 2022):
India-$62.2k (-85.8%)
Austria-$19.1k (-99.9%)
Germany-$11.7k (-39.2%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Other Hand Tools by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $429k
TOP IMPORT POTENTIALChina+ $1.58M

Other Hand Tools’s highest export potential is United States. With an export gap of $429k.   Other Hand Tools’s highest import potential is China with an import gap of $1.58M.

See methodology.

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