2022
Exports
$99kWorld Rnk 105 / 178
Flag Rnk 652 / 1074
2022
PRODUCT COMPLEXITY IN Soil Preparation Machinery
0.69Rnk 279 / 1025
2022
Imports
$6.93MWorld Rnk 89 / 211
Flag Rnk 306 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $99k in Soil Preparation Machinery, making it the 105th largest exporter of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 652nd most exported product in Sri Lanka. The main destination of Soil Preparation Machinery exports from Sri Lanka are: United States ($79.2k), Egypt ($6.08k), Kenya ($3.13k), China ($2.91k), and Canada ($2.04k).

The fastest growing export markets for Soil Preparation Machinery of Sri Lanka between 2021 and 2022 were Egypt ($6.08k), Kenya ($3.13k), and China ($2.91k).

Imports In 2022, Sri Lanka imported $6.93M in Soil Preparation Machinery, becoming the 89th largest importer of Soil Preparation Machinery in the world. At the same year, Soil Preparation Machinery was the 306th most imported product in Sri Lanka. Sri Lanka imports Soil Preparation Machinery primarily from: India ($2.42M), China ($1.95M), Japan ($1.74M), Pakistan ($294k), and Vietnam ($173k).

The fastest growing import markets in Soil Preparation Machinery for Sri Lanka between 2021 and 2022 were Chinese Taipei ($78k), Indonesia ($17.5k), and Singapore ($5.24k).

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 Soil Preparation Machinery. 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)$99k
IMPORTS (2022)$6.93M
NET TRADE (2022)-$6.83M

In 2022, Sri Lanka exported $99k in Soil Preparation Machinery. The main destinations of Sri Lanka exports on Soil Preparation Machinery were United States ($79.2k), Egypt ($6.08k), Kenya ($3.13k), China ($2.91k), and Canada ($2.04k).

In 2022, Sri Lanka imported $6.93M in Soil Preparation Machinery, mainly from India ($2.42M), China ($1.95M), Japan ($1.74M), Pakistan ($294k), and Vietnam ($173k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soil Preparation Machinery EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Egypt$6.08k (1%)
Kenya$3.13k (1%)
China$2.91k (96.9k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soil Preparation Machinery BY Sri Lanka WERE (2021 - 2022):
United Kingdom-$18.1k (-100%)
Canada-$5.3k (-72.2%)
Maldives-$2.96k (-59.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Soil Preparation Machinery were:
Germany $2.11B
China $1.21B
Italy $1.12B
In 2022, Sri Lanka's main importing competitors in Soil Preparation Machinery were:

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Trade Value of Soil Preparation Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $98.5k
TOP IMPORT POTENTIALChina+ $898k

Soil Preparation Machinery’s highest export potential is United States. With an export gap of $98.5k.   Soil Preparation Machinery’s highest import potential is China with an import gap of $898k.

See methodology.

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