2022
Exports
$192MWorld Rnk 39 / 203
Flag Rnk 21 / 1074
2022
PRODUCT COMPLEXITY IN Rubber Tires
0.16Rnk 500 / 1025
2022
Imports
$32MWorld Rnk 135 / 225
Flag Rnk 111 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $192M in Rubber Tires, making it the 39th largest exporter of Rubber Tires in the world. At the same year, Rubber Tires was the 21st most exported product in Sri Lanka. The main destination of Rubber Tires exports from Sri Lanka are: United States ($58.9M), Germany ($12.7M), France ($10.6M), Italy ($8.17M), and Brazil ($7.15M).

The fastest growing export markets for Rubber Tires of Sri Lanka between 2021 and 2022 were Czechia ($2.69M), Mexico ($2.52M), and Australia ($1.52M).

Imports In 2022, Sri Lanka imported $32M in Rubber Tires, becoming the 135th largest importer of Rubber Tires in the world. At the same year, Rubber Tires was the 111th most imported product in Sri Lanka. Sri Lanka imports Rubber Tires primarily from: China ($14.8M), India ($6.29M), Thailand ($3.37M), Chinese Taipei ($2.97M), and Japan ($965k).

The fastest growing import markets in Rubber Tires for Sri Lanka between 2021 and 2022 were Pakistan ($159k), Romania ($35.8k), and Spain ($15.6k).

COMPANIES In 2023, leading companies such as Yokohama Industries (498) and American Omni Trading Company (17) were at the forefront of shipping Rubber Tires from Sri Lanka to the United States.

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 Rubber Tires. 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)$192M
IMPORTS (2022)$32M
NET TRADE (2022)$160M

In 2022, Sri Lanka exported $192M in Rubber Tires. The main destinations of Sri Lanka exports on Rubber Tires were United States ($58.9M), Germany ($12.7M), France ($10.6M), Italy ($8.17M), and Brazil ($7.15M).

In 2022, Sri Lanka imported $32M in Rubber Tires, mainly from China ($14.8M), India ($6.29M), Thailand ($3.37M), Chinese Taipei ($2.97M), and Japan ($965k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber Tires EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Czechia$2.69M (145%)
Mexico$2.52M (111%)
Australia$1.52M (52.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber Tires BY Sri Lanka WERE (2021 - 2022):
United States-$5.91M (-9.12%)
France-$3.73M (-26.1%)
Germany-$2.07M (-14%)

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 Tires were:
In 2022, Sri Lanka's main importing competitors in Rubber Tires were:

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Trade Value of Rubber Tires by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $38.5M
TOP IMPORT POTENTIALChina+ $8.05M

Rubber Tires’s highest export potential is United States. With an export gap of $38.5M.   Rubber Tires’s highest import potential is China with an import gap of $8.05M.

See methodology.

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