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2022
Exports $5.29MWorld Rnk 106 / 200
Flag Rnk 194 / 1074
2022
Destination $1.62M Saudi Arabia
2021 - 2022
FASTEST GROWING MARKET $1.62MSaudi Arabia
2022
PRODUCT COMPLEXITY IN Scrap Aluminium-0.74Rnk 767 / 1025
2022
Imports $48.9kWorld Rnk 124 / 157
Flag Rnk 1028 / 1171
2022
Origin $2.57k Australia
2021 - 2022
FASTEST GROWING ORIGIN $2.57kTogo
2022
ECONOMIC COMPLEXITY of Sri Lanka-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $5.29M in Scrap Aluminium, making it the 106th largest exporter of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 194th most exported product in Sri Lanka. The main destination of Scrap Aluminium exports from Sri Lanka are: Saudi Arabia ($2.77M), South Korea ($2.41M), India ($80.4k), and United Arab Emirates ($26.5k).

The fastest growing export markets for Scrap Aluminium of Sri Lanka between 2021 and 2022 were Saudi Arabia ($1.62M).

Imports In 2022, Sri Lanka imported $48.9k in Scrap Aluminium, becoming the 124th largest importer of Scrap Aluminium in the world. At the same year, Scrap Aluminium was the 1028th most imported product in Sri Lanka. Sri Lanka imports Scrap Aluminium primarily from: Australia ($46.4k) and Togo ($2.57k).

The fastest growing import markets in Scrap Aluminium for Sri Lanka between 2021 and 2022 were Togo ($2.57k).

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 Scrap Aluminium. 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)$5.29M
IMPORTS (2022)$48.9k
NET TRADE (2022)$5.24M

In 2022, Sri Lanka exported $5.29M in Scrap Aluminium. The main destinations of Sri Lanka exports on Scrap Aluminium were Saudi Arabia ($2.77M), South Korea ($2.41M), India ($80.4k), and United Arab Emirates ($26.5k).

In 2022, Sri Lanka imported $48.9k in Scrap Aluminium, mainly from Australia ($46.4k) and Togo ($2.57k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Aluminium EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):Saudi Arabia$1.62M (141%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Aluminium BY Sri Lanka WERE (2021 - 2022):
United States-$891k (-100%)
India-$360k (-81.8%)
South Korea-$74.4k (-3%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Scrap Aluminium were:
United States $3.83B
Germany $2.28B
Canada $1.36B
In 2022, Sri Lanka's main importing competitors in Scrap Aluminium were:
India $3.5B
South Korea $1.84B
Germany $1.76B

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Trade Value of Scrap Aluminium by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $717k
TOP IMPORT POTENTIALAustralia+ $21.4k

Scrap Aluminium’s highest export potential is India. With an export gap of $717k.   Scrap Aluminium’s highest import potential is Australia with an import gap of $21.4k.

See methodology.

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