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Exports In 2022, Sri Lanka exported $97.8k in Other Musical Instruments, making it the 42nd largest exporter of Other Musical Instruments in the world. At the same year, Other Musical Instruments was the 655th most exported product in Sri Lanka. The main destination of Other Musical Instruments exports from Sri Lanka are: Germany ($80.7k), Italy ($13k), Maldives ($1.26k), Oman ($1.23k), and Hungary ($1.23k).

The fastest growing export markets for Other Musical Instruments of Sri Lanka between 2021 and 2022 were Germany ($23.8k), Italy ($11.3k), and Oman ($1.23k).

Imports In 2022, Sri Lanka imported $757k in Other Musical Instruments, becoming the 36th largest importer of Other Musical Instruments in the world. At the same year, Other Musical Instruments was the 726th most imported product in Sri Lanka. Sri Lanka imports Other Musical Instruments primarily from: China ($738k), United Kingdom ($8.03k), Chinese Taipei ($3.06k), Singapore ($2.69k), and Spain ($2.02k).

The fastest growing import markets in Other Musical Instruments for Sri Lanka between 2021 and 2022 were China ($407k), United Kingdom ($7.93k), and Singapore ($1.88k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Musical 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 (2022)$97.8k
IMPORTS (2022)$757k
NET TRADE (2022)-$660k

In 2022, Sri Lanka exported $97.8k in Other Musical Instruments. The main destinations of Sri Lanka exports on Other Musical Instruments were Germany ($80.7k), Italy ($13k), Maldives ($1.26k), Oman ($1.23k), and Hungary ($1.23k).

In 2022, Sri Lanka imported $757k in Other Musical Instruments, mainly from China ($738k), United Kingdom ($8.03k), Chinese Taipei ($3.06k), Singapore ($2.69k), and Spain ($2.02k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Musical Instruments EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Germany$23.8k (41.8%)
Italy$11.3k (660%)
Oman$1.23k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Musical Instruments BY Sri Lanka WERE (2021 - 2022):
French Polynesia-$93 (-100%)
Ireland-$43 (-100%)
Switzerland-$38 (-80.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Type
In 2022, Sri Lanka's main exporting competitors in Other Musical Instruments were:
In 2022, Sri Lanka's main importing competitors in Other Musical Instruments were:

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Trade Value of Other Musical Instruments by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALUnited States+ $453
TOP IMPORT POTENTIALChina+ $15.5k

Other Musical Instruments’s highest export potential is United States. With an export gap of $453.   Other Musical Instruments’s highest import potential is China with an import gap of $15.5k.

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