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Sri Lanka | Imports and Exports | World | Parts and accessories of the motor vehicles of headings 8701 to 8705 | Value (US$) and Value Growth, YoY (%) | 2011 - 2023

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The value of exports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" from Sri Lanka totalled $ 5.7 million in 2023. Sales of commodity group 8708 from Sri Lanka decreased by 26% in value terms compared to 2022. exports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" decreased by $ 2.02 million (cumulative exports of commodity group 8708 from Sri Lanka amounted $7.72 million in 2022)

Exports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" amounted to 0.047% of total exports from Sri Lanka (cumulative merchandise exports from Sri Lanka totalled $ 12 billion in 2023). The share of commodity group 8708 in total exports from Sri Lanka decreased by 0.009 p.p. compared to 2022 (it was 0.056% in 2022 and cumulative exports from Sri Lanka were equal to $ 13.5 billion).

Exports of commodity group 8708 amounted to 9.53% of total sales of group "" from Sri Lanka in 2023 (the value of exports of commodity group from Sri Lanka amounted to $59 million in 2023). The share of exports of commodity group 8708 in sales of commodity group from Sri Lanka increased by 1.85 p.p. compared to 2022 (it was 7.67% in 2022, and exports of commodity group from Sri Lanka were $100 million).

Exports | Sri Lanka | 8708

Export destinations of 8708 Parts and accessories of the motor vehicles of headings 87.01 to 87.05 from Sri Lanka

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Where does Sri Lanka export Parts and accessories of the motor vehicles of headings 87.01 to 87.05?

Top export destinations of "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" from Sri Lanka in 2023:

USA with a share of 26% (1.53 million US$)
Germany with a share of 17.1% (977 thousand US$)
Netherlands with a share of 9.17% (523 thousand US$)
Japan with a share of 7.16% (409 thousand US$)
Spain with a share of 5.58% (319 thousand US$)
Maldives with a share of 4.92% (281 thousand US$)
Saudi Arabia with a share of 4.56% (260 thousand US$)
Belgium with a share of 4.37% (249 thousand US$)
United Arab Emirates with a share of 3.28% (187 thousand US$)
India with a share of 3.13% (179 thousand US$)

Exports structure of 8708 - Parts and accessories of the motor vehicles of headings 87.01 to 87.05 - from Sri Lanka in 2023 represented by the following main commodity groups:

78% (4.45 million US$): 870870 - Vehicle parts; road wheels and parts and accessories thereof
14.5% (829 thousand US$): 870899 - Vehicle parts and accessories; n.e.s. in heading no. 8708
1.43% (82 thousand US$): 870850 - Vehicle parts; drive-axles with differential, whether or not provided with other transmission components, and non-driving axles; parts thereof
1.11% (63 thousand US$): 870829 - Parts & accessories of bodies (incl. cabs) of the motor vehicles of 87.01-87.05, n.e.s. in 87.08
1% (57 thousand US$): 870893 - Vehicle parts; clutches and parts thereof
0.866% (49 thousand US$): 870891 - Vehicles; parts, radiators
0.599% (34 thousand US$): 870892 - Vehicle parts; silencers (mufflers) and exhaust pipes; parts thereof
0.447% (25 thousand US$): 870840 - Vehicle parts; gear boxes and parts thereof
0.174% (9.93 thousand US$): 870894 - Vehicles; parts, steering wheels, columns and boxes
0.172% (9.84 thousand US$): 870880 - Vehicle parts; suspension systems and parts thereof (including shock-absorbers)

The value of imports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" to Sri Lanka totalled $ 45 million in 2023. Sales of commodity group 8708 to Sri Lanka decreased by 6.97% in value terms compared to 2022. imports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" decreased by $ 3.38 million (the value of imports of commodity group 8708 to Sri Lanka was equal to $48 million in 2022)

Imports of commodity group 8708 "Parts and accessories of the motor vehicles of headings 87.01 to 87.05" accounted for 0.275% of total import flow to Sri Lanka (in 2023, total imports to Sri Lanka amounted to $ 16.3 billion). The share of commodity group 8708 in total imports to Sri Lanka decreased by 0 p.p. compared to 2022 (it was 0.276% in 2022 and cumulative imports to Sri Lanka were equal to $ 17.5 billion).

Imports of commodity group 8708 reached 30% of total imports of group "" to Sri Lanka in 2023 (imports of commodity group to Sri Lanka totalled $149 million in 2023). The share of purchases of commodity group 8708 in total imports of commodity group to Sri Lanka increased by 3.08 p.p. compared to 2022 (it was 27% in 2022, and imports of commodity group to Sri Lanka accounted for $179 million).

Imports | Sri Lanka | 8708

Sources of imports of 8708 Parts and accessories of the motor vehicles of headings 87.01 to 87.05 for Sri Lanka