2022
Exports
$48.2MWorld Rnk 23 / 131
Flag Rnk 55 / 1074
2022
PRODUCT COMPLEXITY IN Rubber
-2.24Rnk 1010 / 1025
2022
Imports
$132MWorld Rnk 26 / 192
Flag Rnk 22 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $48.2M in Rubber, making it the 23rd largest exporter of Rubber in the world. At the same year, Rubber was the 55th most exported product in Sri Lanka. The main destination of Rubber exports from Sri Lanka are: Pakistan ($9.18M), Japan ($6.38M), China ($4.22M), Germany ($4.05M), and Vietnam ($3.02M).

The fastest growing export markets for Rubber of Sri Lanka between 2021 and 2022 were India ($1.2M), Vietnam ($847k), and Italy ($752k).

Imports In 2022, Sri Lanka imported $132M in Rubber, becoming the 26th largest importer of Rubber in the world. At the same year, Rubber was the 22nd most imported product in Sri Lanka. Sri Lanka imports Rubber primarily from: Indonesia ($48.3M), Thailand ($45.1M), Vietnam ($30.7M), Cote d'Ivoire ($3.39M), and India ($1.66M).

The fastest growing import markets in Rubber for Sri Lanka between 2021 and 2022 were Thailand ($2.11M), Cote d'Ivoire ($1.28M), and Spain ($403k).

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. 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)$48.2M
IMPORTS (2022)$132M
NET TRADE (2022)-$84M

In 2022, Sri Lanka exported $48.2M in Rubber. The main destinations of Sri Lanka exports on Rubber were Pakistan ($9.18M), Japan ($6.38M), China ($4.22M), Germany ($4.05M), and Vietnam ($3.02M).

In 2022, Sri Lanka imported $132M in Rubber, mainly from Indonesia ($48.3M), Thailand ($45.1M), Vietnam ($30.7M), Cote d'Ivoire ($3.39M), and India ($1.66M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rubber EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
India$1.2M (312%)
Vietnam$847k (39%)
Italy$752k (37.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rubber BY Sri Lanka WERE (2021 - 2022):
Malaysia-$6.68M (-78.1%)
United States-$5.66M (-74.5%)
New Zealand-$814k (-47.9%)

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

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Trade Value of Rubber by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.63M
TOP IMPORT POTENTIALIndonesia+ $4.38M

Rubber’s highest export potential is China. With an export gap of $4.63M.   Rubber’s highest import potential is Indonesia with an import gap of $4.38M.

See methodology.

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