2022
Exports
$93.8kWorld Rnk 43 / 111
Flag Rnk 659 / 1074
2022
PRODUCT COMPLEXITY IN Watch Movements
1.76Rnk 17 / 1025
2022
Imports
$48.3kWorld Rnk 88 / 168
Flag Rnk 1029 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $93.8k in Watch Movements, making it the 43rd largest exporter of Watch Movements in the world. At the same year, Watch Movements was the 659th most exported product in Sri Lanka. The main destination of Watch Movements exports from Sri Lanka are: Germany ($92.6k) and United Kingdom ($1.15k).

The fastest growing export markets for Watch Movements of Sri Lanka between 2021 and 2022 were Germany ($92.6k) and United Kingdom ($1.15k).

Imports In 2022, Sri Lanka imported $48.3k in Watch Movements, becoming the 88th largest importer of Watch Movements in the world. At the same year, Watch Movements was the 1029th most imported product in Sri Lanka. Sri Lanka imports Watch Movements primarily from: China ($32k), Hong Kong ($5.78k), Switzerland ($4.69k), United Arab Emirates ($3.42k), and India ($2.28k).

The fastest growing import markets in Watch Movements for Sri Lanka between 2021 and 2022 were China ($28.4k), United States ($166), and Hong Kong ($120).

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 Watch Movements. 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)$93.8k
IMPORTS (2022)$48.3k
NET TRADE (2022)$45.5k

In 2022, Sri Lanka exported $93.8k in Watch Movements. The main destinations of Sri Lanka exports on Watch Movements were Germany ($92.6k) and United Kingdom ($1.15k).

In 2022, Sri Lanka imported $48.3k in Watch Movements, mainly from China ($32k), Hong Kong ($5.78k), Switzerland ($4.69k), United Arab Emirates ($3.42k), and India ($2.28k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Watch Movements EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Germany$92.6k (1%)
United Kingdom$1.15k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Watch Movements BY Sri Lanka WERE (2021 - 2022):Italy-$892 (-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 Watch Movements were:
In 2022, Sri Lanka's main importing competitors in Watch Movements were:

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Trade Value of Watch Movements by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $2.34k
TOP IMPORT POTENTIALChina+ $14k

Watch Movements’s highest export potential is United Kingdom. With an export gap of $2.34k.   Watch Movements’s highest import potential is China with an import gap of $14k.

See methodology.

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