2022
Exports
$8.14MWorld Rnk 103 / 217
Flag Rnk 163 / 1074
2022
PRODUCT COMPLEXITY IN Packaged Medicaments
0.67Rnk 291 / 1025
2022
Imports
$348MWorld Rnk 85 / 224
Flag Rnk 4 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $8.14M in Packaged Medicaments, making it the 103rd largest exporter of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 163rd most exported product in Sri Lanka. The main destination of Packaged Medicaments exports from Sri Lanka are: Maldives ($2.96M), India ($772k), United Arab Emirates ($767k), Kenya ($609k), and Georgia ($405k).

The fastest growing export markets for Packaged Medicaments of Sri Lanka between 2021 and 2022 were Kenya ($609k), United Arab Emirates ($589k), and Russia ($217k).

Imports In 2022, Sri Lanka imported $348M in Packaged Medicaments, becoming the 85th largest importer of Packaged Medicaments in the world. At the same year, Packaged Medicaments was the 4th most imported product in Sri Lanka. Sri Lanka imports Packaged Medicaments primarily from: India ($180M), Pakistan ($29.6M), Bangladesh ($21.2M), Germany ($19.5M), and France ($14.6M).

The fastest growing import markets in Packaged Medicaments for Sri Lanka between 2021 and 2022 were United States ($7.2M), Germany ($4.87M), and Argentina ($3.02M).

Latest Trends

Sep 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 Packaged Medicaments. 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)$8.14M
IMPORTS (2022)$348M
NET TRADE (2022)-$340M

In 2022, Sri Lanka exported $8.14M in Packaged Medicaments. The main destinations of Sri Lanka exports on Packaged Medicaments were Maldives ($2.96M), India ($772k), United Arab Emirates ($767k), Kenya ($609k), and Georgia ($405k).

In 2022, Sri Lanka imported $348M in Packaged Medicaments, mainly from India ($180M), Pakistan ($29.6M), Bangladesh ($21.2M), Germany ($19.5M), and France ($14.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Packaged Medicaments EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Kenya$609k (479k%)
Russia$217k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Packaged Medicaments BY Sri Lanka WERE (2021 - 2022):
Finland-$443k (-74.3%)
Kazakhstan-$262k (-59.7%)
Malaysia-$191k (-71.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Packaged Medicaments were:
In 2022, Sri Lanka's main importing competitors in Packaged Medicaments were:

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Trade Value of Packaged Medicaments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $621k
TOP IMPORT POTENTIALIndia+ $29.2M

Packaged Medicaments’s highest export potential is India. With an export gap of $621k.   Packaged Medicaments’s highest import potential is India with an import gap of $29.2M.

See methodology.

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