2022
Exports
$803kWorld Rnk 52 / 174
Flag Rnk 413 / 1074
2022
PRODUCT COMPLEXITY IN Umbrellas
-0.043Rnk 560 / 1025
2022
Imports
$246kWorld Rnk 172 / 218
Flag Rnk 890 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $803k in Umbrellas, making it the 52nd largest exporter of Umbrellas in the world. At the same year, Umbrellas was the 413th most exported product in Sri Lanka. The main destination of Umbrellas exports from Sri Lanka are: Maldives ($297k), United Kingdom ($180k), India ($105k), Germany ($58.8k), and Australia ($45.4k).

The fastest growing export markets for Umbrellas of Sri Lanka between 2021 and 2022 were India ($105k), Maldives ($90.1k), and Australia ($44.3k).

Imports In 2022, Sri Lanka imported $246k in Umbrellas, becoming the 172nd largest importer of Umbrellas in the world. At the same year, Umbrellas was the 890th most imported product in Sri Lanka. Sri Lanka imports Umbrellas primarily from: China ($198k), Australia ($36.6k), Singapore ($3.69k), India ($2.89k), and Italy ($2.41k).

The fastest growing import markets in Umbrellas for Sri Lanka between 2021 and 2022 were Australia ($36.6k), Singapore ($3.42k), and Italy ($2.41k).

COMPANIES In 2023, leading companies such as John Deere (6), General Motors (2), and Team Hardinger (1) were at the forefront of shipping Umbrellas from Sri Lanka to the United States.

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 Umbrellas. 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)$803k
IMPORTS (2022)$246k
NET TRADE (2022)$557k

In 2022, Sri Lanka exported $803k in Umbrellas. The main destinations of Sri Lanka exports on Umbrellas were Maldives ($297k), United Kingdom ($180k), India ($105k), Germany ($58.8k), and Australia ($45.4k).

In 2022, Sri Lanka imported $246k in Umbrellas, mainly from China ($198k), Australia ($36.6k), Singapore ($3.69k), India ($2.89k), and Italy ($2.41k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Umbrellas EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
India$105k (170k%)
Maldives$90.1k (43.5%)
Australia$44.3k (4.21k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Umbrellas BY Sri Lanka WERE (2021 - 2022):
United Kingdom-$48.4k (-21.2%)
Netherlands-$7.67k (-88.7%)
Fiji-$5.26k (-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 Umbrellas were:
In 2022, Sri Lanka's main importing competitors in Umbrellas were:

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Trade Value of Umbrellas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $56.1k
TOP IMPORT POTENTIALChina+ $198k

Umbrellas’s highest export potential is India. With an export gap of $56.1k.   Umbrellas’s highest import potential is China with an import gap of $198k.

See methodology.

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