2022
Exports
$3.78MWorld Rnk 68 / 169
Flag Rnk 229 / 1074
2022
PRODUCT COMPLEXITY IN Cranes
0.76Rnk 258 / 1025
2022
Imports
$34.2MWorld Rnk 67 / 215
Flag Rnk 106 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $3.78M in Cranes, making it the 68th largest exporter of Cranes in the world. At the same year, Cranes was the 229th most exported product in Sri Lanka. The main destination of Cranes exports from Sri Lanka are: India ($2.45M), Singapore ($909k), Maldives ($257k), and United Arab Emirates ($170k).

The fastest growing export markets for Cranes of Sri Lanka between 2021 and 2022 were India ($942k), Singapore ($841k), and Maldives ($228k).

Imports In 2022, Sri Lanka imported $34.2M in Cranes, becoming the 67th largest importer of Cranes in the world. At the same year, Cranes was the 106th most imported product in Sri Lanka. Sri Lanka imports Cranes primarily from: China ($29.8M), Netherlands ($1.46M), Japan ($1.24M), India ($451k), and Italy ($299k).

The fastest growing import markets in Cranes for Sri Lanka between 2021 and 2022 were China ($20.7M), Netherlands ($1.11M), and Italy ($281k).

COMPANIES In 2023, leading companies such as YOKOHAMA INDUSTRIES AMERICAS INC. (4) and JOHN DEERE COMMERCIAL PRODUCTS (2) were at the forefront of shipping Cranes from Sri Lanka to the United States.

Latest Trends

Mar 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 Cranes. 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)$3.78M
IMPORTS (2022)$34.2M
NET TRADE (2022)-$30.4M

In 2022, Sri Lanka exported $3.78M in Cranes. The main destinations of Sri Lanka exports on Cranes were India ($2.45M), Singapore ($909k), Maldives ($257k), and United Arab Emirates ($170k).

In 2022, Sri Lanka imported $34.2M in Cranes, mainly from China ($29.8M), Netherlands ($1.46M), Japan ($1.24M), India ($451k), and Italy ($299k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cranes EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
India$942k (62.5%)
Singapore$841k (1.24k%)
Maldives$228k (795%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Cranes were:
China $4.1B
Germany $1.93B
Italy $1.28B
In 2022, Sri Lanka's main importing competitors in Cranes were:

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Trade Value of Cranes by Exporters

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