2023
Exports
$20.8MWorld Rnk 22 / 201
Flag Rnk 100 / 1073
2023
PRODUCT COMPLEXITY IN Party Decorations
-1.05Rnk 843 / 1025
2023
Imports
$2.94MWorld Rnk 101 / 222
Flag Rnk 450 / 1170
2023
ECONOMIC COMPLEXITY of Sri Lanka
-0.44Rnk 85 / 132

About

Exports In 2023, Sri Lanka exported $20.8M in Party Decorations, making it the 22nd largest exporter of Party Decorations in the world. At the same year, Party Decorations was the 100th most exported product in Sri Lanka. The main destination of Party Decorations exports from Sri Lanka are: United States ($19M), Canada ($1.08M), Australia ($178k), United Kingdom ($160k), and Norway ($112k).

The fastest growing export markets for Party Decorations of Sri Lanka between 2022 and 2023 were United States ($1.6M), Canada ($309k), and Norway ($56.7k).

Imports In 2023, Sri Lanka imported $2.94M in Party Decorations, becoming the 101st largest importer of Party Decorations in the world. At the same year, Party Decorations was the 450th most imported product in Sri Lanka. Sri Lanka imports Party Decorations primarily from: China ($2.84M), India ($90k), Spain ($3.97k), Hong Kong ($3.85k), and United Arab Emirates ($2.36k).

The fastest growing import markets in Party Decorations for Sri Lanka between 2022 and 2023 were India ($33.8k), Canada ($1.3k), and Malaysia ($967).

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 Party Decorations. 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)$20.8M
IMPORTS (2023)$2.94M
NET TRADE (2023)$17.8M

In 2023, Sri Lanka exported $20.8M in Party Decorations. The main destinations of Sri Lanka exports on Party Decorations were United States ($19M), Canada ($1.08M), Australia ($178k), United Kingdom ($160k), and Norway ($112k).

In 2023, Sri Lanka imported $2.94M in Party Decorations, mainly from China ($2.84M), India ($90k), Spain ($3.97k), Hong Kong ($3.85k), and United Arab Emirates ($2.36k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Party Decorations EXPORT MARKETS FOR Sri Lanka WERE (2022 - 2023):
United States$1.6M (9.18%)
Canada$309k (40%)
Norway$56.7k (103%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Party Decorations BY Sri Lanka WERE (2022 - 2023):
United Kingdom-$394k (-71.2%)
China-$47.7k (-75.2%)
Poland-$10.4k (-96.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Sri Lanka's main exporting competitors in Party Decorations were:
In 2023, Sri Lanka's main importing competitors in Party Decorations were:

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Trade Value of Party Decorations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $4.23M
TOP IMPORT POTENTIALChina+ $1.37M

Party Decorations’s highest export potential is United States. With an export gap of $4.23M.   Party Decorations’s highest import potential is China with an import gap of $1.37M.

See methodology.

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