2022
Exports
$2.04MWorld Rnk 65 / 203
Flag Rnk 294 / 1074
2022
PRODUCT COMPLEXITY IN Other Wood Articles
-0.26Rnk 632 / 1025
2022
Imports
$4.42MWorld Rnk 83 / 225
Flag Rnk 409 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $2.04M in Other Wood Articles, making it the 65th largest exporter of Other Wood Articles in the world. At the same year, Other Wood Articles was the 294th most exported product in Sri Lanka. The main destination of Other Wood Articles exports from Sri Lanka are: United States ($434k), United Kingdom ($363k), Australia ($257k), Saudi Arabia ($116k), and Poland ($106k).

The fastest growing export markets for Other Wood Articles of Sri Lanka between 2021 and 2022 were Saudi Arabia ($42.8k), Australia ($40.3k), and Sweden ($37.5k).

Imports In 2022, Sri Lanka imported $4.42M in Other Wood Articles, becoming the 83rd largest importer of Other Wood Articles in the world. At the same year, Other Wood Articles was the 409th most imported product in Sri Lanka. Sri Lanka imports Other Wood Articles primarily from: China ($3.85M), Lithuania ($175k), Belgium ($136k), India ($75.9k), and Czechia ($38k).

The fastest growing import markets in Other Wood Articles for Sri Lanka between 2021 and 2022 were Lithuania ($140k), Vietnam ($30.8k), and Chinese Taipei ($20.1k).

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 Other Wood Articles. 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)$2.04M
IMPORTS (2022)$4.42M
NET TRADE (2022)-$2.39M

In 2022, Sri Lanka exported $2.04M in Other Wood Articles. The main destinations of Sri Lanka exports on Other Wood Articles were United States ($434k), United Kingdom ($363k), Australia ($257k), Saudi Arabia ($116k), and Poland ($106k).

In 2022, Sri Lanka imported $4.42M in Other Wood Articles, mainly from China ($3.85M), Lithuania ($175k), Belgium ($136k), India ($75.9k), and Czechia ($38k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Wood Articles EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Saudi Arabia$42.8k (58.6%)
Australia$40.3k (18.6%)
Sweden$37.5k (143%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Wood Articles BY Sri Lanka WERE (2021 - 2022):
United States-$364k (-45.6%)
United Kingdom-$127k (-25.9%)
New Zealand-$47.3k (-69.9%)

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 Wood Articles were:
China $4.03B
In 2022, Sri Lanka's main importing competitors in Other Wood Articles were:

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Trade Value of Other Wood Articles by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $270k
TOP IMPORT POTENTIALChina+ $1.26M

Other Wood Articles’s highest export potential is United States. With an export gap of $270k.   Other Wood Articles’s highest import potential is China with an import gap of $1.26M.

See methodology.

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