2022
Exports
$1.6MWorld Rnk 147 / 196
Flag Rnk 322 / 1074
2022
PRODUCT COMPLEXITY IN Scrap Copper
-0.9Rnk 809 / 1025
2022
Imports
$6.83MWorld Rnk 55 / 147
Flag Rnk 309 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $1.6M in Scrap Copper, making it the 147th largest exporter of Scrap Copper in the world. At the same year, Scrap Copper was the 322nd most exported product in Sri Lanka. The main destination of Scrap Copper exports from Sri Lanka are: India ($880k), United Arab Emirates ($523k), Germany ($198k), and Maldives ($510).

The fastest growing export markets for Scrap Copper of Sri Lanka between 2021 and 2022 were India ($592k), United Arab Emirates ($523k), and Germany ($83.6k).

Imports In 2022, Sri Lanka imported $6.83M in Scrap Copper, becoming the 55th largest importer of Scrap Copper in the world. At the same year, Scrap Copper was the 309th most imported product in Sri Lanka. Sri Lanka imports Scrap Copper primarily from: United States ($3.55M), Germany ($1.12M), South Africa ($1.03M), Canada ($354k), and Australia ($247k).

The fastest growing import markets in Scrap Copper for Sri Lanka between 2021 and 2022 were United States ($932k), Canada ($354k), and Belgium ($91.1k).

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 Copper. 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)$1.6M
IMPORTS (2022)$6.83M
NET TRADE (2022)-$5.23M

In 2022, Sri Lanka exported $1.6M in Scrap Copper. The main destinations of Sri Lanka exports on Scrap Copper were India ($880k), United Arab Emirates ($523k), Germany ($198k), and Maldives ($510).

In 2022, Sri Lanka imported $6.83M in Scrap Copper, mainly from United States ($3.55M), Germany ($1.12M), South Africa ($1.03M), Canada ($354k), and Australia ($247k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Copper EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
India$592k (206%)
Germany$83.6k (72.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Copper BY Sri Lanka WERE (2021 - 2022):
Malaysia-$169k (-100%)
Israel-$102k (-100%)
Pakistan-$1.68k (-100%)

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

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Trade Value of Scrap Copper by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $1.3M
TOP IMPORT POTENTIALGermany+ $824k

Scrap Copper’s highest export potential is India. With an export gap of $1.3M.   Scrap Copper’s highest import potential is Germany with an import gap of $824k.

See methodology.

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