2023
Exports
$206kWorld Rnk 112 / 208
Flag Rnk 580 / 1073
2023
PRODUCT COMPLEXITY IN Video Recording Equipment
0.86Rnk 223 / 1025
2023
Imports
$10.4MWorld Rnk 102 / 219
Flag Rnk 231 / 1170
2023
ECONOMIC COMPLEXITY of Sri Lanka
-0.44Rnk 85 / 132

About

Exports In 2023, Sri Lanka exported $206k in Video Recording Equipment, making it the 112th largest exporter of Video Recording Equipment in the world. At the same year, Video Recording Equipment was the 580th most exported product in Sri Lanka. The main destination of Video Recording Equipment exports from Sri Lanka are: South Korea ($42.1k), Maldives ($40.8k), Bangladesh ($27.6k), Singapore ($25.3k), and Oman ($23.3k).

The fastest growing export markets for Video Recording Equipment of Sri Lanka between 2022 and 2023 were South Korea ($42.1k), Bangladesh ($27.6k), and Oman ($23.3k).

Imports In 2023, Sri Lanka imported $10.4M in Video Recording Equipment, becoming the 102nd largest importer of Video Recording Equipment in the world. At the same year, Video Recording Equipment was the 231st most imported product in Sri Lanka. Sri Lanka imports Video Recording Equipment primarily from: China ($8.94M), United States ($387k), India ($224k), Hong Kong ($117k), and Thailand ($93.1k).

The fastest growing import markets in Video Recording Equipment for Sri Lanka between 2022 and 2023 were China ($1.47M), United States ($340k), and Austria ($72.4k).

Latest Trends

Jan 2025

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 Video Recording Equipment. 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 (2023)$206k
IMPORTS (2023)$10.4M
NET TRADE (2023)-$10.2M

In 2023, Sri Lanka exported $206k in Video Recording Equipment. The main destinations of Sri Lanka exports on Video Recording Equipment were South Korea ($42.1k), Maldives ($40.8k), Bangladesh ($27.6k), Singapore ($25.3k), and Oman ($23.3k).

In 2023, Sri Lanka imported $10.4M in Video Recording Equipment, mainly from China ($8.94M), United States ($387k), India ($224k), Hong Kong ($117k), and Thailand ($93.1k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Video Recording Equipment EXPORT MARKETS FOR Sri Lanka WERE (2022 - 2023):
South Korea$42.1k (1%)
Bangladesh$27.6k (1%)
Oman$23.3k (111k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Video Recording Equipment BY Sri Lanka WERE (2022 - 2023):
United States-$24.6k (-99.8%)
Australia-$23.5k (-99.9%)
Maldives-$15.9k (-28.1%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Sri Lanka's main exporting competitors in Video Recording Equipment were:
China $16.5B
Vietnam $3.13B
In 2023, Sri Lanka's main importing competitors in Video Recording Equipment were:

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Trade Value of Video Recording Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALAustralia+ $2.79k
TOP IMPORT POTENTIALChina+ $701k

Video Recording Equipment’s highest export potential is Australia. With an export gap of $2.79k.   Video Recording Equipment’s highest import potential is China with an import gap of $701k.

See methodology.

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