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2023
Exports $1.27MWorld Rnk 70 / 221
Flag Rnk 362 / 1073
falsefalse Canada
2022 - 2023
FASTEST GROWING MARKETfalseCanada
2023
PRODUCT COMPLEXITY IN Other Hand Tools1.82Rnk 14 / 1025
2023
Imports $4.21MWorld Rnk 124 / 225
Flag Rnk 376 / 1170
2022 - 2023
FASTEST GROWING ORIGINfalseN/A
2023
ECONOMIC COMPLEXITY of Sri Lanka-0.44Rnk 85 / 132

About

Exports In 2023, Sri Lanka exported $1.27M in Other Hand Tools, making it the 70th largest exporter of Other Hand Tools in the world. At the same year, Other Hand Tools was the 362nd most exported product in Sri Lanka. The main destination of Other Hand Tools exports from Sri Lanka are: Canada ($514k), United States ($358k), Germany ($84.3k), Maldives ($70.7k), and Oman ($65.2k).

The fastest growing export markets for Other Hand Tools of Sri Lanka between 2022 and 2023 were Canada ($74k), Germany ($61.8k), and Oman ($56.8k).

Imports In 2023, Sri Lanka imported $4.21M in Other Hand Tools, becoming the 124th largest importer of Other Hand Tools in the world. At the same year, Other Hand Tools was the 376th most imported product in Sri Lanka. Sri Lanka imports Other Hand Tools primarily from: China ($2.52M), India ($242k), Germany ($179k), France ($154k), and United States ($143k).

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 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 (2023)$1.27M
IMPORTS (2023)$4.21M
NET TRADE (2023)-$2.94M

In 2023, Sri Lanka exported $1.27M in Other Hand Tools. The main destinations of Sri Lanka exports on Other Hand Tools were Canada ($514k), United States ($358k), Germany ($84.3k), Maldives ($70.7k), and Oman ($65.2k).

In 2023, Sri Lanka imported $4.21M in Other Hand Tools, mainly from China ($2.52M), India ($242k), Germany ($179k), France ($154k), and United States ($143k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Hand Tools EXPORT MARKETS FOR Sri Lanka WERE (2022 - 2023):
Canada$74k (16.8%)
Germany$61.8k (275%)
Oman$56.8k (680%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Hand Tools BY Sri Lanka WERE (2022 - 2023):
United States-$272k (-43.2%)
Seychelles-$38.4k (-91.1%)
Japan-$34.4k (-99.5%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Sri Lanka's main exporting competitors in Other Hand Tools were:
China $3.65B
Germany $905M
Chinese Taipei $812M
In 2023, Sri Lanka's main importing competitors in Other Hand Tools were:
United States $1.46B
Germany $630M
France $472M

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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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