2023
Exports
$742kWorld Rnk 109 / 176
Flag Rnk 426 / 1073
2023
PRODUCT COMPLEXITY IN Precious Metal Scraps
-0.62Rnk 738 / 1025
2023
Imports
$77.9kWorld Rnk 70 / 126
Flag Rnk 974 / 1170
2023
ECONOMIC COMPLEXITY of Sri Lanka
-0.44Rnk 85 / 132

About

Exports In 2023, Sri Lanka exported $742k in Precious Metal Scraps, making it the 109th largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 426th most exported product in Sri Lanka. The main destination of Precious Metal Scraps exports from Sri Lanka are: United Kingdom ($436k), Singapore ($99.4k), Lithuania ($76.5k), Italy ($64.7k), and Japan ($62.3k).

The fastest growing export markets for Precious Metal Scraps of Sri Lanka between 2022 and 2023 were United Kingdom ($374k), Singapore ($84.8k), and Lithuania ($32.6k).

Imports In 2023, Sri Lanka imported $77.9k in Precious Metal Scraps, becoming the 70th largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 974th most imported product in Sri Lanka. Sri Lanka imports Precious Metal Scraps primarily from: United Arab Emirates ($77k), Thailand ($746), and Australia ($237).

The fastest growing import markets in Precious Metal Scraps for Sri Lanka between 2022 and 2023 were United Arab Emirates ($77k), Thailand ($746), and Australia ($237).

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 Precious Metal Scraps. 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)$742k
IMPORTS (2023)$77.9k
NET TRADE (2023)$664k

In 2023, Sri Lanka exported $742k in Precious Metal Scraps. The main destinations of Sri Lanka exports on Precious Metal Scraps were United Kingdom ($436k), Singapore ($99.4k), Lithuania ($76.5k), Italy ($64.7k), and Japan ($62.3k).

In 2023, Sri Lanka imported $77.9k in Precious Metal Scraps, mainly from United Arab Emirates ($77k), Thailand ($746), and Australia ($237).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Scraps EXPORT MARKETS FOR Sri Lanka WERE (2022 - 2023):
United Kingdom$374k (599%)
Singapore$84.8k (578%)
Lithuania$32.6k (74%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Scraps BY Sri Lanka WERE (2022 - 2023):
Japan-$647k (-91.2%)
South Korea-$149k (-100%)
Germany-$26.9k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Sri Lanka's main exporting competitors in Precious Metal Scraps were:
In 2023, Sri Lanka's main importing competitors in Precious Metal Scraps were:

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Trade Value of Precious Metal Scraps by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALGermany+ $209k
TOP IMPORT POTENTIALIndia+ $1.68k

Precious Metal Scraps’s highest export potential is Germany. With an export gap of $209k.   Precious Metal Scraps’s highest import potential is India with an import gap of $1.68k.

See methodology.

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