2022
Exports
$256kWorld Rnk 61 / 119
Flag Rnk 542 / 1074
2022
PRODUCT COMPLEXITY IN Textile Fiber Machinery
1.53Rnk 47 / 1025
2022
Imports
$4.91MWorld Rnk 50 / 178
Flag Rnk 385 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $256k in Textile Fiber Machinery, making it the 61st largest exporter of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 542nd most exported product in Sri Lanka. The main destination of Textile Fiber Machinery exports from Sri Lanka are: India ($232k), United States ($21.1k), Dominican Republic ($1.76k), Kenya ($247), and Italy ($115).

The fastest growing export markets for Textile Fiber Machinery of Sri Lanka between 2021 and 2022 were India ($232k), United States ($21.1k), and Kenya ($247).

Imports In 2022, Sri Lanka imported $4.91M in Textile Fiber Machinery, becoming the 50th largest importer of Textile Fiber Machinery in the world. At the same year, Textile Fiber Machinery was the 385th most imported product in Sri Lanka. Sri Lanka imports Textile Fiber Machinery primarily from: China ($2.39M), Italy ($1.36M), Switzerland ($672k), India ($220k), and Pakistan ($103k).

The fastest growing import markets in Textile Fiber Machinery for Sri Lanka between 2021 and 2022 were China ($277k), Italy ($227k), and Pakistan ($103k).

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 Textile Fiber 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)$256k
IMPORTS (2022)$4.91M
NET TRADE (2022)-$4.66M

In 2022, Sri Lanka exported $256k in Textile Fiber Machinery. The main destinations of Sri Lanka exports on Textile Fiber Machinery were India ($232k), United States ($21.1k), Dominican Republic ($1.76k), Kenya ($247), and Italy ($115).

In 2022, Sri Lanka imported $4.91M in Textile Fiber Machinery, mainly from China ($2.39M), Italy ($1.36M), Switzerland ($672k), India ($220k), and Pakistan ($103k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Textile Fiber Machinery EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
India$232k (1%)
United States$21.1k (1%)
Kenya$247 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Textile Fiber Machinery BY Sri Lanka WERE (2021 - 2022):
Indonesia-$2.46M (-100%)
Dominican Republic-$34k (-95.1%)
Ethiopia-$193 (-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 Textile Fiber Machinery were:
China $1.08B
Japan $807M
In 2022, Sri Lanka's main importing competitors in Textile Fiber Machinery were:
China $687M
India $547M

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Trade Value of Textile Fiber Machinery by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $171k
TOP IMPORT POTENTIALChina+ $595k

Textile Fiber Machinery’s highest export potential is India. With an export gap of $171k.   Textile Fiber Machinery’s highest import potential is China with an import gap of $595k.

See methodology.

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