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2022
Exports $14.9MWorld Rnk 8 / 113
Flag Rnk 119 / 1074
2022
Destination $870k Germany
2021 - 2022
FASTEST GROWING MARKET $870kGermany
2022
Imports $311kWorld Rnk 73 / 161
Flag Rnk 862 / 1171
2022
Origin $21.7k United States
2021 - 2022
FASTEST GROWING ORIGIN $21.7kGermany
2022
ECONOMIC COMPLEXITY of Sri Lanka-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $14.9M in Parachutes, making it the 8th largest exporter of Parachutes in the world. At the same year, Parachutes was the 119th most exported product in Sri Lanka. The main destination of Parachutes exports from Sri Lanka are: Germany ($4.93M), Austria ($4.42M), Czechia ($1.1M), France ($1.09M), and United States ($957k).

The fastest growing export markets for Parachutes of Sri Lanka between 2021 and 2022 were Germany ($870k), Austria ($251k), and Australia ($171k).

Imports In 2022, Sri Lanka imported $311k in Parachutes, becoming the 73rd largest importer of Parachutes in the world. At the same year, Parachutes was the 862nd most imported product in Sri Lanka. Sri Lanka imports Parachutes primarily from: United States ($93.3k), South Korea ($81.5k), Vietnam ($55.5k), Germany ($47.7k), and Portugal ($16.5k).

The fastest growing import markets in Parachutes for Sri Lanka between 2021 and 2022 were Germany ($21.7k), Portugal ($16.5k), and France ($4.94k).

Latest Trends

Sep 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 Parachutes. 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)$14.9M
IMPORTS (2022)$311k
NET TRADE (2022)$14.6M

In 2022, Sri Lanka exported $14.9M in Parachutes. The main destinations of Sri Lanka exports on Parachutes were Germany ($4.93M), Austria ($4.42M), Czechia ($1.1M), France ($1.09M), and United States ($957k).

In 2022, Sri Lanka imported $311k in Parachutes, mainly from United States ($93.3k), South Korea ($81.5k), Vietnam ($55.5k), Germany ($47.7k), and Portugal ($16.5k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Parachutes EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Germany$870k (21.4%)
Austria$251k (6.02%)
Australia$171k (122%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Parachutes BY Sri Lanka WERE (2021 - 2022):
France-$612k (-36%)
Slovenia-$258k (-36.7%)
China-$73.5k (-39.4%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Parachutes were:
United States $127M
Vietnam $37.5M
United Kingdom $29.9M
In 2022, Sri Lanka's main importing competitors in Parachutes were:
United States $57.3M
France $43.1M
Germany $39.7M

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Trade Value of Parachutes by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $408k
TOP IMPORT POTENTIALVietnam+ $28.9k

Parachutes’s highest export potential is United States. With an export gap of $408k.   Parachutes’s highest import potential is Vietnam with an import gap of $28.9k.

See methodology.

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