2022
Exports
$3.25MWorld Rnk 71 / 167
Flag Rnk 243 / 1074
2022
PRODUCT COMPLEXITY IN Recreational Boats
0.3Rnk 445 / 1025
2022
Imports
$327kWorld Rnk 170 / 217
Flag Rnk 856 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $3.25M in Recreational Boats, making it the 71st largest exporter of Recreational Boats in the world. At the same year, Recreational Boats was the 243rd most exported product in Sri Lanka. The main destination of Recreational Boats exports from Sri Lanka are: Netherlands ($841k), France ($782k), United Kingdom ($400k), Norway ($254k), and Seychelles ($240k).

The fastest growing export markets for Recreational Boats of Sri Lanka between 2021 and 2022 were United Kingdom ($361k), Maldives ($177k), and Finland ($51.1k).

Imports In 2022, Sri Lanka imported $327k in Recreational Boats, becoming the 170th largest importer of Recreational Boats in the world. At the same year, Recreational Boats was the 856th most imported product in Sri Lanka. Sri Lanka imports Recreational Boats primarily from: Mexico ($182k), United States ($89.2k), Japan ($17.5k), Norway ($13.4k), and Portugal ($8.07k).

The fastest growing import markets in Recreational Boats for Sri Lanka between 2021 and 2022 were United States ($21.9k), Norway ($13.4k), and Portugal ($8.07k).

COMPANIES In 2023, leading companies such as The Tile Shop (1) were at the forefront of shipping Recreational Boats from Sri Lanka to the United States.

Latest Trends

Sep 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 Recreational Boats. 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)$3.25M
IMPORTS (2022)$327k
NET TRADE (2022)$2.93M

In 2022, Sri Lanka exported $3.25M in Recreational Boats. The main destinations of Sri Lanka exports on Recreational Boats were Netherlands ($841k), France ($782k), United Kingdom ($400k), Norway ($254k), and Seychelles ($240k).

In 2022, Sri Lanka imported $327k in Recreational Boats, mainly from Mexico ($182k), United States ($89.2k), Japan ($17.5k), Norway ($13.4k), and Portugal ($8.07k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Recreational Boats EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
United Kingdom$361k (909%)
Maldives$177k (1.09k%)
Finland$51.1k (139%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Recreational Boats BY Sri Lanka WERE (2021 - 2022):
Fiji-$1.95M (-100%)
Kenya-$1.28M (-91%)
Norway-$291k (-53.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Recreational Boats were:
In 2022, Sri Lanka's main importing competitors in Recreational Boats were:

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Trade Value of Recreational Boats by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALFrance+ $337k
TOP IMPORT POTENTIALUnited States+ $73.2k

Recreational Boats’s highest export potential is France. With an export gap of $337k.   Recreational Boats’s highest import potential is United States with an import gap of $73.2k.

See methodology.

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