2022
Exports
$2.6MWorld Rnk 83 / 208
Flag Rnk 75 / 96
2022
PRODUCT COMPLEXITY IN Clocks, watches, & parts
1.76Rnk 17 / 1025
2022
Imports
$11.5MWorld Rnk 105 / 224
Flag Rnk 74 / 96
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $2.6M in Clocks, watches, & parts, making it the 83rd largest exporter of Clocks, watches, & parts in the world. At the same year, Clocks, watches, & parts was the 75th most exported product in Sri Lanka. The main destination of Clocks, watches, & parts exports from Sri Lanka are: Hong Kong ($1.44M), Australia ($379k), Singapore ($276k), Germany ($96.1k), and United States ($76.3k).

The fastest growing export markets for Clocks, watches, & parts of Sri Lanka between 2021 and 2022 were Hong Kong ($945k), Australia ($379k), and Singapore ($262k).

Imports In 2022, Sri Lanka imported $11.5M in Clocks, watches, & parts, becoming the 105th largest importer of Clocks, watches, & parts in the world. At the same year, Clocks, watches, & parts was the 74th most imported product in Sri Lanka. Sri Lanka imports Clocks, watches, & parts primarily from: Switzerland ($4.74M), China ($2.43M), Hong Kong ($1.71M), India ($1.09M), and Singapore ($362k).

The fastest growing import markets in Clocks, watches, & parts for Sri Lanka between 2021 and 2022 were France ($17.1k), Luxembourg ($10.3k), and Belgium ($9.17k).

COMPANIES In 2023, leading companies such as Sobel Westex (1) were at the forefront of shipping Clocks, watches, & parts 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 Clocks, watches, & parts. 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)$2.6M
IMPORTS (2022)$11.5M
NET TRADE (2022)-$8.89M

In 2022, Sri Lanka exported $2.6M in Clocks, watches, & parts. The main destinations of Sri Lanka exports on Clocks, watches, & parts were Hong Kong ($1.44M), Australia ($379k), Singapore ($276k), Germany ($96.1k), and United States ($76.3k).

In 2022, Sri Lanka imported $11.5M in Clocks, watches, & parts, mainly from Switzerland ($4.74M), China ($2.43M), Hong Kong ($1.71M), India ($1.09M), and Singapore ($362k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Clocks, watches, & parts EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Hong Kong$945k (189%)
Australia$379k (1%)
Singapore$262k (1.81k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Clocks, watches, & parts BY Sri Lanka WERE (2021 - 2022):
India-$25.1k (-99.2%)
Spain-$20.2k (-100%)
South Africa-$6.07k (-99.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Clocks, watches, & parts were:
In 2022, Sri Lanka's main importing competitors in Clocks, watches, & parts were:

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Trade Value of Clocks, watches, & parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALHong Kong+ $373k
TOP IMPORT POTENTIALSwitzerland+ $1.57M

Clocks, watches, & parts’s highest export potential is Hong Kong. With an export gap of $373k.   Clocks, watches, & parts’s highest import potential is Switzerland with an import gap of $1.57M.

See methodology.

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