2022
Exports
$65.8MWorld Rnk 75 / 225
Flag Rnk 28 / 96
2022
PRODUCT COMPLEXITY IN Furniture, bedding, lamps, & prefab buildings
0.86Rnk 222 / 1025
2022
Imports
$115MWorld Rnk 112 / 225
Flag Rnk 34 / 96
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $65.8M in Furniture, bedding, lamps, & prefab buildings, making it the 75th largest exporter of Furniture, bedding, lamps, & prefab buildings in the world. At the same year, Furniture, bedding, lamps, & prefab buildings was the 28th most exported product in Sri Lanka. The main destination of Furniture, bedding, lamps, & prefab buildings exports from Sri Lanka are: India ($33.1M), United States ($9.62M), Australia ($4.07M), China ($2.46M), and Chinese Taipei ($1.73M).

The fastest growing export markets for Furniture, bedding, lamps, & prefab buildings of Sri Lanka between 2021 and 2022 were India ($3.63M), United States ($1.83M), and Maldives ($496k).

Imports In 2022, Sri Lanka imported $115M in Furniture, bedding, lamps, & prefab buildings, becoming the 112th largest importer of Furniture, bedding, lamps, & prefab buildings in the world. At the same year, Furniture, bedding, lamps, & prefab buildings was the 34th most imported product in Sri Lanka. Sri Lanka imports Furniture, bedding, lamps, & prefab buildings primarily from: China ($56.9M), Vietnam ($19.1M), United Arab Emirates ($18.2M), India ($3.28M), and Germany ($2.51M).

The fastest growing import markets in Furniture, bedding, lamps, & prefab buildings for Sri Lanka between 2021 and 2022 were Vietnam ($15.4M), Belgium ($907k), and Saudi Arabia ($885k).

COMPANIES In 2023, leading companies such as IKEA Group (14), John Deere (10), and Rooms To Go (3) were at the forefront of shipping Furniture, bedding, lamps, & prefab buildings 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 Furniture, bedding, lamps, & prefab buildings. 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)$65.8M
IMPORTS (2022)$115M
NET TRADE (2022)-$48.7M

In 2022, Sri Lanka exported $65.8M in Furniture, bedding, lamps, & prefab buildings. The main destinations of Sri Lanka exports on Furniture, bedding, lamps, & prefab buildings were India ($33.1M), United States ($9.62M), Australia ($4.07M), China ($2.46M), and Chinese Taipei ($1.73M).

In 2022, Sri Lanka imported $115M in Furniture, bedding, lamps, & prefab buildings, mainly from China ($56.9M), Vietnam ($19.1M), United Arab Emirates ($18.2M), India ($3.28M), and Germany ($2.51M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Furniture, bedding, lamps, & prefab buildings EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
India$3.63M (12.3%)
United States$1.83M (23.5%)
Maldives$496k (50.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Furniture, bedding, lamps, & prefab buildings BY Sri Lanka WERE (2021 - 2022):
China-$1.48M (-37.7%)
Norway-$989k (-56%)
United Kingdom-$778k (-38.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Furniture, bedding, lamps, & prefab buildings were:
China $124B
Germany $17.6B
Poland $16.5B
In 2022, Sri Lanka's main importing competitors in Furniture, bedding, lamps, & prefab buildings were:

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Trade Value of Furniture, bedding, lamps, & prefab buildings by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $15.2M
TOP IMPORT POTENTIALChina+ $36.6M

Furniture, bedding, lamps, & prefab buildings’s highest export potential is United States. With an export gap of $15.2M.   Furniture, bedding, lamps, & prefab buildings’s highest import potential is China with an import gap of $36.6M.

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