2022
Exports
$1.19MWorld Rnk 68 / 178
Flag Rnk 367 / 1074
2022
PRODUCT COMPLEXITY IN Precious Metal Watches
0.4Rnk 410 / 1025
2022
Imports
$4.23MWorld Rnk 93 / 208
Flag Rnk 415 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $1.19M in Precious Metal Watches, making it the 68th largest exporter of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 367th most exported product in Sri Lanka. The main destination of Precious Metal Watches exports from Sri Lanka are: Hong Kong ($809k), Singapore ($198k), United States ($66.1k), Australia ($62.1k), and United Arab Emirates ($29.2k).

The fastest growing export markets for Precious Metal Watches of Sri Lanka between 2021 and 2022 were Hong Kong ($461k), Singapore ($192k), and United States ($66.1k).

Imports In 2022, Sri Lanka imported $4.23M in Precious Metal Watches, becoming the 93rd largest importer of Precious Metal Watches in the world. At the same year, Precious Metal Watches was the 415th most imported product in Sri Lanka. Sri Lanka imports Precious Metal Watches primarily from: Switzerland ($2.49M), Hong Kong ($1.29M), China ($121k), United Arab Emirates ($97.5k), and Japan ($88.2k).

The fastest growing import markets in Precious Metal Watches for Sri Lanka between 2021 and 2022 were Thailand ($43.7k), Eswatini ($7.64k), and India ($3.22k).

Latest Trends

Oct 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 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 (2022)$1.19M
IMPORTS (2022)$4.23M
NET TRADE (2022)-$3.03M

In 2022, Sri Lanka exported $1.19M in Precious Metal Watches. The main destinations of Sri Lanka exports on Precious Metal Watches were Hong Kong ($809k), Singapore ($198k), United States ($66.1k), Australia ($62.1k), and United Arab Emirates ($29.2k).

In 2022, Sri Lanka imported $4.23M in Precious Metal Watches, mainly from Switzerland ($2.49M), Hong Kong ($1.29M), China ($121k), United Arab Emirates ($97.5k), and Japan ($88.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Watches EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Hong Kong$461k (133%)
Singapore$192k (3.57k%)
United States$66.1k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Watches BY Sri Lanka WERE (2021 - 2022):
United Arab Emirates-$6.5k (-18.2%)
Qatar-$698 (-100%)
Serbia-$171 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Precious Metal Watches were:
In 2022, 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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