2023
Exports
$40.9MWorld Rnk 49 / 214
Flag Rnk 67 / 1073
2023
PRODUCT COMPLEXITY IN Other Measuring Instruments
1.75Rnk 17 / 1025
2023
Imports
$12.6MWorld Rnk 86 / 224
Flag Rnk 202 / 1170
2023
ECONOMIC COMPLEXITY of Sri Lanka
-0.44Rnk 85 / 132

About

Exports In 2023, Sri Lanka exported $40.9M in Other Measuring Instruments, making it the 49th largest exporter of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 67th most exported product in Sri Lanka. The main destination of Other Measuring Instruments exports from Sri Lanka are: Germany ($8.16M), United States ($8.15M), United Kingdom ($4.15M), Switzerland ($3.33M), and China ($2.22M).

The fastest growing export markets for Other Measuring Instruments of Sri Lanka between 2022 and 2023 were Mexico ($555k), France ($248k), and Spain ($165k).

Imports In 2023, Sri Lanka imported $12.6M in Other Measuring Instruments, becoming the 86th largest importer of Other Measuring Instruments in the world. At the same year, Other Measuring Instruments was the 202nd most imported product in Sri Lanka. Sri Lanka imports Other Measuring Instruments primarily from: Germany ($2.11M), China ($1.92M), United States ($1.61M), France ($1.2M), and Serbia ($939k).

The fastest growing import markets in Other Measuring Instruments for Sri Lanka between 2022 and 2023 were Serbia ($939k), Germany ($801k), and Australia ($400k).

COMPANIES In 2024, leading companies such as Robert Bosch (3) were at the forefront of shipping Other Measuring Instruments from Sri Lanka to the United States.

Latest Trends

Dec 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 Measuring Instruments. 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)$40.9M
IMPORTS (2023)$12.6M
NET TRADE (2023)$28.3M

In 2023, Sri Lanka exported $40.9M in Other Measuring Instruments. The main destinations of Sri Lanka exports on Other Measuring Instruments were Germany ($8.16M), United States ($8.15M), United Kingdom ($4.15M), Switzerland ($3.33M), and China ($2.22M).

In 2023, Sri Lanka imported $12.6M in Other Measuring Instruments, mainly from Germany ($2.11M), China ($1.92M), United States ($1.61M), France ($1.2M), and Serbia ($939k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Other Measuring Instruments EXPORT MARKETS FOR Sri Lanka WERE (2022 - 2023):
Mexico$555k (40.1%)
France$248k (1.4k%)
Spain$165k (28.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Measuring Instruments BY Sri Lanka WERE (2022 - 2023):
Germany-$5.3M (-39.4%)
United States-$2.21M (-21.3%)
Australia-$1.3M (-70.5%)

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 Measuring Instruments were:
In 2023, Sri Lanka's main importing competitors in Other Measuring Instruments were:

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Trade Value of Other Measuring Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $6.65M
TOP IMPORT POTENTIALChina+ $2.01M

Other Measuring Instruments’s highest export potential is United States. With an export gap of $6.65M.   Other Measuring Instruments’s highest import potential is China with an import gap of $2.01M.

See methodology.

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