2022
Exports
$338MWorld Rnk 6 / 195
Flag Rnk 11 / 1074
2022
PRODUCT COMPLEXITY IN Rubber Apparel
-0.51Rnk 706 / 1025
2022
Imports
$5.25MWorld Rnk 112 / 221
Flag Rnk 366 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $338M in Rubber Apparel, making it the 6th largest exporter of Rubber Apparel in the world. At the same year, Rubber Apparel was the 11th most exported product in Sri Lanka. The main destination of Rubber Apparel exports from Sri Lanka are: United States ($78.5M), Germany ($34M), Belgium ($29.1M), India ($21.8M), and Brazil ($19.5M).

The fastest growing export markets for Rubber Apparel of Sri Lanka between 2021 and 2022 were India ($4.26M), Saudi Arabia ($3.75M), and China ($2.46M).

Imports In 2022, Sri Lanka imported $5.25M in Rubber Apparel, becoming the 112th largest importer of Rubber Apparel in the world. At the same year, Rubber Apparel was the 366th most imported product in Sri Lanka. Sri Lanka imports Rubber Apparel primarily from: Malaysia ($3.55M), China ($532k), Germany ($437k), Denmark ($230k), and India ($214k).

The fastest growing import markets in Rubber Apparel for Sri Lanka between 2021 and 2022 were Malaysia ($1.96M), Germany ($436k), and Denmark ($229k).

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 Rubber Apparel. 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)$338M
IMPORTS (2022)$5.25M
NET TRADE (2022)$332M

In 2022, Sri Lanka exported $338M in Rubber Apparel. The main destinations of Sri Lanka exports on Rubber Apparel were United States ($78.5M), Germany ($34M), Belgium ($29.1M), India ($21.8M), and Brazil ($19.5M).

In 2022, Sri Lanka imported $5.25M in Rubber Apparel, mainly from Malaysia ($3.55M), China ($532k), Germany ($437k), Denmark ($230k), and India ($214k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Apparel EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
India$4.26M (24.2%)
Saudi Arabia$3.75M (243%)
China$2.46M (122%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Apparel BY Sri Lanka WERE (2021 - 2022):
Germany-$29M (-46%)
Netherlands-$5.83M (-30.9%)
Canada-$5.6M (-39.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Rubber Apparel were:
China $2.17B
In 2022, Sri Lanka's main importing competitors in Rubber Apparel were:

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Trade Value of Rubber Apparel by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $8.47M
TOP IMPORT POTENTIALChina+ $764k

Rubber Apparel’s highest export potential is United States. With an export gap of $8.47M.   Rubber Apparel’s highest import potential is China with an import gap of $764k.

See methodology.

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