2022
Exports
$19.4kWorld Rnk 77 / 158
Flag Rnk 836 / 1074
2022
PRODUCT COMPLEXITY IN Pastes and Waxes
1Rnk 171 / 1025
2022
Imports
$1.14MWorld Rnk 89 / 209
Flag Rnk 669 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $19.4k in Pastes and Waxes, making it the 77th largest exporter of Pastes and Waxes in the world. At the same year, Pastes and Waxes was the 836th most exported product in Sri Lanka. The main destination of Pastes and Waxes exports from Sri Lanka are: China ($7.02k), Maldives ($3.58k), Bangladesh ($2.82k), India ($2.76k), and Pakistan ($2.41k).

The fastest growing export markets for Pastes and Waxes of Sri Lanka between 2021 and 2022 were China ($7.02k), Bangladesh ($2.82k), and India ($2.76k).

Imports In 2022, Sri Lanka imported $1.14M in Pastes and Waxes, becoming the 89th largest importer of Pastes and Waxes in the world. At the same year, Pastes and Waxes was the 669th most imported product in Sri Lanka. Sri Lanka imports Pastes and Waxes primarily from: China ($625k), Thailand ($402k), Malaysia ($60.4k), India ($19.3k), and Japan ($16.9k).

The fastest growing import markets in Pastes and Waxes for Sri Lanka between 2021 and 2022 were India ($10.3k), United Kingdom ($1.81k), and Japan ($1.42k).

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 Pastes and Waxes. 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)$19.4k
IMPORTS (2022)$1.14M
NET TRADE (2022)-$1.12M

In 2022, Sri Lanka exported $19.4k in Pastes and Waxes. The main destinations of Sri Lanka exports on Pastes and Waxes were China ($7.02k), Maldives ($3.58k), Bangladesh ($2.82k), India ($2.76k), and Pakistan ($2.41k).

In 2022, Sri Lanka imported $1.14M in Pastes and Waxes, mainly from China ($625k), Thailand ($402k), Malaysia ($60.4k), India ($19.3k), and Japan ($16.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Pastes and Waxes EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
China$7.02k (1%)
Bangladesh$2.82k (1%)
India$2.76k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Pastes and Waxes BY Sri Lanka WERE (2021 - 2022):
American Samoa-$172 (-79.6%)
Japan-$144 (-84.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Pastes and Waxes were:
In 2022, Sri Lanka's main importing competitors in Pastes and Waxes were:

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Trade Value of Pastes and Waxes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $561
TOP IMPORT POTENTIALChina+ $218k

Pastes and Waxes’s highest export potential is United States. With an export gap of $561.   Pastes and Waxes’s highest import potential is China with an import gap of $218k.

See methodology.

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