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2022
Exports $21MWorld Rnk 22 / 197
Flag Rnk 94 / 1074
2022
Destination $4.78M United States
2021 - 2022
FASTEST GROWING MARKET $4.78MUnited States
2022
PRODUCT COMPLEXITY IN Party Decorations-0.73Rnk 764 / 1025
2022
Imports $1.39MWorld Rnk 125 / 221
Flag Rnk 621 / 1171
2022
Origin $19.7k China
2021 - 2022
FASTEST GROWING ORIGIN $19.7kPhilippines
2022
ECONOMIC COMPLEXITY of Sri Lanka-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $21M in Party Decorations, making it the 22nd largest exporter of Party Decorations in the world. At the same year, Party Decorations was the 94th most exported product in Sri Lanka. The main destination of Party Decorations exports from Sri Lanka are: United States ($18.3M), United Kingdom ($1.79M), Canada ($294k), Australia ($154k), and Maldives ($112k).

The fastest growing export markets for Party Decorations of Sri Lanka between 2021 and 2022 were United States ($4.78M), United Kingdom ($341k), and Australia ($94.3k).

Imports In 2022, Sri Lanka imported $1.39M in Party Decorations, becoming the 125th largest importer of Party Decorations in the world. At the same year, Party Decorations was the 621st most imported product in Sri Lanka. Sri Lanka imports Party Decorations primarily from: China ($1.3M), India ($51.5k), Philippines ($19.8k), Hong Kong ($4.88k), and United Kingdom ($4.48k).

The fastest growing import markets in Party Decorations for Sri Lanka between 2021 and 2022 were Philippines ($19.7k), India ($17.8k), and United Kingdom ($3.51k).

Latest Trends

Nov 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 (2022)$21M
IMPORTS (2022)$1.39M
NET TRADE (2022)$19.6M

In 2022, Sri Lanka exported $21M in Party Decorations. The main destinations of Sri Lanka exports on Party Decorations were United States ($18.3M), United Kingdom ($1.79M), Canada ($294k), Australia ($154k), and Maldives ($112k).

In 2022, Sri Lanka imported $1.39M in Party Decorations, mainly from China ($1.3M), India ($51.5k), Philippines ($19.8k), Hong Kong ($4.88k), and United Kingdom ($4.48k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Party Decorations EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
United States$4.78M (35.4%)
United Kingdom$341k (23.5%)
Australia$94.3k (158%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Party Decorations BY Sri Lanka WERE (2021 - 2022):
Canada-$524k (-64%)
Russia-$71k (-100%)
China-$65.7k (-47.9%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Party Decorations were:
China $11.7B
Netherlands $304M
United States $168M
In 2022, Sri Lanka's main importing competitors in Party Decorations were:
United States $7.33B
United Kingdom $624M
Canada $568M

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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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