2023
Exports
$3.44MWorld Rnk 51 / 180
Flag Rnk 233 / 1073
2023
PRODUCT COMPLEXITY IN Precious Metal Watches
0.62Rnk 321 / 1025
2023
Imports
$2.17MWorld Rnk 103 / 210
Flag Rnk 507 / 1170
2023
ECONOMIC COMPLEXITY of Sri Lanka
-0.44Rnk 85 / 132

About

Exports In 2023, Sri Lanka exported $3.44M in Precious Metal Watches, making it the 51st largest exporter of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 233rd most exported product in Sri Lanka. The main destination of Precious Metal Watches exports from Sri Lanka are: Hong Kong ($2.79M), United Arab Emirates ($306k), United States ($115k), Australia ($78.5k), and Qatar ($51.3k).

The fastest growing export markets for Precious Metal Watches of Sri Lanka between 2022 and 2023 were Hong Kong ($2.18M), United Arab Emirates ($279k), and Qatar ($51.3k).

Imports In 2023, Sri Lanka imported $2.17M in Precious Metal Watches, becoming the 103rd largest importer of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 507th most imported product in Sri Lanka. Sri Lanka imports Precious Metal Watches primarily from: Switzerland ($1.66M), Singapore ($255k), China ($94.9k), United Arab Emirates ($74.5k), and Thailand ($36.3k).

The fastest growing import markets in Precious Metal Watches for Sri Lanka between 2022 and 2023 were Singapore ($249k), Germany ($889), and France ($740).

Latest Trends

Jan 2025

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 Watches. 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)$3.44M
IMPORTS (2023)$2.17M
NET TRADE (2023)$1.27M

In 2023, Sri Lanka exported $3.44M in Precious Metal Watches. The main destinations of Sri Lanka exports on Precious Metal Watches were Hong Kong ($2.79M), United Arab Emirates ($306k), United States ($115k), Australia ($78.5k), and Qatar ($51.3k).

In 2023, Sri Lanka imported $2.17M in Precious Metal Watches, mainly from Switzerland ($1.66M), Singapore ($255k), China ($94.9k), United Arab Emirates ($74.5k), and Thailand ($36.3k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Watches EXPORT MARKETS FOR Sri Lanka WERE (2022 - 2023):
Hong Kong$2.18M (356%)
United Arab Emirates$279k (1.05k%)
Qatar$51.3k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Watches BY Sri Lanka WERE (2022 - 2023):
Kuwait-$22.9k (-100%)
Singapore-$11.4k (-28.3%)
Germany-$548 (-98.6%)

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 Watches were:
In 2023, Sri Lanka's main importing competitors in Precious Metal Watches were:

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Trade Value of Precious Metal Watches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $150k
TOP IMPORT POTENTIALSwitzerland+ $443k

Precious Metal Watches’s highest export potential is Hong Kong. With an export gap of $150k.   Precious Metal Watches’s highest import potential is Switzerland with an import gap of $443k.

See methodology.

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