2022
Exports
$18.4MWorld Rnk 15 / 80
Flag Rnk 108 / 1074
2022
PRODUCT COMPLEXITY IN Unprocessed Artificial Staple Fibers
0.34Rnk 428 / 1025
2022
Imports
$23.6MWorld Rnk 25 / 141
Flag Rnk 144 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $18.4M in Unprocessed Artificial Staple Fibers, making it the 15th largest exporter of Unprocessed Artificial Staple Fibers in the world. At the same year, Unprocessed Artificial Staple Fibers was the 108th most exported product in Sri Lanka. The main destination of Unprocessed Artificial Staple Fibers exports from Sri Lanka are: India ($15.2M), Indonesia ($1.34M), Bangladesh ($471k), Pakistan ($406k), and Thailand ($282k).

The fastest growing export markets for Unprocessed Artificial Staple Fibers of Sri Lanka between 2021 and 2022 were Indonesia ($1.17M), Vietnam ($230k), and Japan ($53.3k).

Imports In 2022, Sri Lanka imported $23.6M in Unprocessed Artificial Staple Fibers, becoming the 25th largest importer of Unprocessed Artificial Staple Fibers in the world. At the same year, Unprocessed Artificial Staple Fibers was the 144th most imported product in Sri Lanka. Sri Lanka imports Unprocessed Artificial Staple Fibers primarily from: Austria ($23.1M), United Kingdom ($507k), China ($18.5k), India ($11.1k), and United States ($1.01k).

The fastest growing import markets in Unprocessed Artificial Staple Fibers for Sri Lanka between 2021 and 2022 were Austria ($7.51M), India ($1.56k), and United States ($1.01k).

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 Unprocessed Artificial Staple Fibers. 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)$18.4M
IMPORTS (2022)$23.6M
NET TRADE (2022)-$5.24M

In 2022, Sri Lanka exported $18.4M in Unprocessed Artificial Staple Fibers. The main destinations of Sri Lanka exports on Unprocessed Artificial Staple Fibers were India ($15.2M), Indonesia ($1.34M), Bangladesh ($471k), Pakistan ($406k), and Thailand ($282k).

In 2022, Sri Lanka imported $23.6M in Unprocessed Artificial Staple Fibers, mainly from Austria ($23.1M), United Kingdom ($507k), China ($18.5k), India ($11.1k), and United States ($1.01k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Unprocessed Artificial Staple Fibers EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Indonesia$1.17M (680%)
Vietnam$230k (3.91k%)
Japan$53.3k (57%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Unprocessed Artificial Staple Fibers BY Sri Lanka WERE (2021 - 2022):
Bangladesh-$2.75M (-85.4%)
China-$1.61M (-99.9%)
South Korea-$698k (-80.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Unprocessed Artificial Staple Fibers were:
In 2022, Sri Lanka's main importing competitors in Unprocessed Artificial Staple Fibers were:

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Trade Value of Unprocessed Artificial Staple Fibers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALVietnam+ $79k
TOP IMPORT POTENTIALIndia+ $19.6k

Unprocessed Artificial Staple Fibers’s highest export potential is Vietnam. With an export gap of $79k.   Unprocessed Artificial Staple Fibers’s highest import potential is India with an import gap of $19.6k.

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