2022
Exports
$42.2kWorld Rnk 72 / 116
Flag Rnk 749 / 1074
2022
PRODUCT COMPLEXITY IN Magnesium Carbonate
-0.46Rnk 685 / 1025
2022
Imports
$84kWorld Rnk 124 / 172
Flag Rnk 982 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $42.2k in Magnesium Carbonate, making it the 72nd largest exporter of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 749th most exported product in Sri Lanka. The main destination of Magnesium Carbonate exports from Sri Lanka are: India ($32.7k), Slovenia ($9.53k), and Qatar ($8).

The fastest growing export markets for Magnesium Carbonate of Sri Lanka between 2021 and 2022 were Slovenia ($9.53k) and Qatar ($8).

Imports In 2022, Sri Lanka imported $84k in Magnesium Carbonate, becoming the 124th largest importer of Magnesium Carbonate in the world. At the same year, Magnesium Carbonate was the 982nd most imported product in Sri Lanka. Sri Lanka imports Magnesium Carbonate primarily from: China ($47.6k), India ($22.2k), Japan ($10.8k), Thailand ($2.36k), and Israel ($528).

The fastest growing import markets in Magnesium Carbonate for Sri Lanka between 2021 and 2022 were China ($26.6k), India ($2.02k), and Japan ($1.83k).

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 Magnesium Carbonate. 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)$42.2k
IMPORTS (2022)$84k
NET TRADE (2022)-$41.8k

In 2022, Sri Lanka exported $42.2k in Magnesium Carbonate. The main destinations of Sri Lanka exports on Magnesium Carbonate were India ($32.7k), Slovenia ($9.53k), and Qatar ($8).

In 2022, Sri Lanka imported $84k in Magnesium Carbonate, mainly from China ($47.6k), India ($22.2k), Japan ($10.8k), Thailand ($2.36k), and Israel ($528).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Magnesium Carbonate EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Slovenia$9.53k (1%)
Qatar$8 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Magnesium Carbonate BY Sri Lanka WERE (2021 - 2022):
India-$59.9k (-64.7%)
Italy-$1 (-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 Magnesium Carbonate were:
In 2022, Sri Lanka's main importing competitors in Magnesium Carbonate were:

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Trade Value of Magnesium Carbonate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $65.4k
TOP IMPORT POTENTIALChina+ $33.1k

Magnesium Carbonate’s highest export potential is India. With an export gap of $65.4k.   Magnesium Carbonate’s highest import potential is China with an import gap of $33.1k.

See methodology.

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