2022
Exports
$1.53MWorld Rnk 103 / 177
Flag Rnk 327 / 1074
2022
PRODUCT COMPLEXITY IN Precious Metal Scraps
-0.68Rnk 752 / 1025
2022
Imports
$634World Rnk 105 / 118
Flag Rnk 1146 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $1.53M in Precious Metal Scraps, making it the 103rd largest exporter of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 327th most exported product in Sri Lanka. The main destination of Precious Metal Scraps exports from Sri Lanka are: Japan ($709k), United Kingdom ($549k), South Korea ($149k), Italy ($71.2k), and Lithuania ($29.1k).

The fastest growing export markets for Precious Metal Scraps of Sri Lanka between 2021 and 2022 were Germany ($7.75k) and Singapore ($1.94k).

Imports In 2022, Sri Lanka imported $634 in Precious Metal Scraps, becoming the 105th largest importer of Precious Metal Scraps in the world. At the same year, Precious Metal Scraps was the 1146th most imported product in Sri Lanka. Sri Lanka imports Precious Metal Scraps primarily from: India ($620) and Canada ($14).

The fastest growing import markets in Precious Metal Scraps for Sri Lanka between N/A and 2022 were India ($620) and Canada ($14).

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 Precious Metal Scraps. 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)$1.53M
IMPORTS (2022)$634
NET TRADE (2022)$1.53M

In 2022, Sri Lanka exported $1.53M in Precious Metal Scraps. The main destinations of Sri Lanka exports on Precious Metal Scraps were Japan ($709k), United Kingdom ($549k), South Korea ($149k), Italy ($71.2k), and Lithuania ($29.1k).

In 2022, Sri Lanka imported $634 in Precious Metal Scraps, mainly from India ($620) and Canada ($14).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Precious Metal Scraps EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Germany$7.75k (1%)
Singapore$1.94k (15.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Precious Metal Scraps BY Sri Lanka WERE (2021 - 2022):
United Kingdom-$1.07M (-66.2%)
Japan-$883k (-55.5%)
South Korea-$130k (-46.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Precious Metal Scraps were:
In 2022, Sri Lanka's main importing competitors in Precious Metal Scraps were:
Canada $3.02B
Japan $2.87B

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Trade Value of Precious Metal Scraps by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $209k
TOP IMPORT POTENTIALIndia+ $1.68k

Precious Metal Scraps’s highest export potential is Germany. With an export gap of $209k.   Precious Metal Scraps’s highest import potential is India with an import gap of $1.68k.

See methodology.

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