The abundance of natural resources in the land area of Sri Lanka accompanied by the favorable climatic conditions fostering the production value and the thriving rubber industry have made the nation a top exporter of rubber-based products in 2024. The tropical climate of the nation with high rainfall has made it an export hub due to the increase in production of divergent globally demanded rubber products like crepe rubber, ribbed smoked sheets (RSS), and latex concentrates.
The low protein content of the rubber-based products produced in Sri Lanka Records itself as the producer of healthcare-free goods essential for both medical and industrial applications. The policies encouraging the rubber plantation of Sri Lanka accompanied by the growing trade demands of global traders worldwide have made the nation export rubber-based products worth the value of 2.5 billion US dollars in 2024. The thriving production rate of the rubber industry accompanied by the other industrial sectors has opened up investment opportunities for the leading trade destinations with closer geographical proximity resulting in a significant hike in the overall export value countering the annual Gross Domestic Product.
The country popular as one of the leading producers and exporter of rubber has now been recording an increase in its solidifying trade rate among the other global competitors. According to the Sri Lanka Export Data, the top 10 rubber-based products exported from the nation in 2024 are,
1. Industrial Rubber Products – The total export value of Industrial Rubber Products supplied from Sri Lanka in 2024- 900 million US dollars.
2. Rubber Gloves – The total export value of Rubber Gloves supplied from Sri Lanka in 2024- 700 million US dollars.
3. Rubber Mattresses – The total export value of Rubber Mattresses supplied from Sri Lanka in 2024- 600 million US dollars.
4. Rubber Footwear – The total export value of Rubber Footwear supplied from Sri Lanka in 2024- 500 million US dollars.
5. Automobile Components – The total export value of Automobile Components supplied from Sri Lanka in 2024- 400 million US dollars.
6. Latex Foam Products – The total export value of Latex Foam Products supplied from Sri Lanka in 2024- 300 million US dollars.
7. Rubber Household Products – The total export value of Rubber Household Products supplied from Sri Lanka in 2024- 200 million US dollars.
8. Rubber Toys – The total export value of Rubber Toys supplied from Sri Lanka in 2024- 180 million US dollars.
9. Rubber Seals and Gaskets – The total export value of Rubber Seals and Gaskets supplied from Sri Lanka in 2024- 145 million US dollars.
10. Rubber Rollers – The total export value of Rubber Rollers supplied from Sri Lanka in 2024- 125 million US dollars.
Sri Lanka, the country’s long been known as the top exporter of rubber-based products has now built up its overall trade rate with different trade destination estates. According to the Sri Lanka Trade Data, the top 10 export trade partners of the nation with which it exchanges most of the rubber-based products produced in the industrial sector in 2024 are,
1. United States - According to the USA Import Data, the total value of the rubber-based products exported from Sri Lanka in 2024- 876 million US dollars.
TOP RUBBER-BASED PRODUCTS EXPORTED
A. Solid tires
B. Pneumatic tires
C. Motorcycle tires
D. Industrial gloves
E. Rubber hoses
2. Germany - According to the Germany Import Data, the total value of the rubber-based products exported from Sri Lanka in 2024- 754 million US dollars.
TOP RUBBER-BASED PRODUCTS EXPORTED
A. Surgical gloves
B. Agricultural tires
C. Examination gloves
D. Rubber bands
E. Rubber seals
3. Belgium - According to the Belgium Import Data, the total value of the rubber-based products exported from Sri Lanka in 2024- 543 million US dollars.
TOP RUBBER-BASED PRODUCTS EXPORTED
A. Rubber gaskets
B. Rubber mats
C. Rubber flooring tiles
D. Rubber fenders
E. Rubber bushings
4. China - According to the China Import Data, the total value of the rubber-based products exported from Sri Lanka in 2024- 478 million US dollars.
TOP RUBBER-BASED PRODUCTS EXPORTED
A. Rubber mounts
B. Rubber bellows
C. Rubber diaphragms
D. Rubber sheets
E. Rubber profiles
5. India - According to the India Import Data, the total value of the rubber-based products exported from Sri Lanka in 2024- 387 million US dollars.
TOP RUBBER-BASED PRODUCTS EXPORTED
A. Rubber extrusions
B. Rubber O-rings
C. Rubber washers
D. Rubber plugs
E. Rubber stoppers
6. Netherlands - According to the Netherlands Import Data, the total value of the rubber-based products exported from Sri Lanka in 2024- 275 million US dollars.
TOP RUBBER-BASED PRODUCTS EXPORTED
A. Rubber grommets
B. Rubber bumpers
C. Rubber pads
D. Rubber suction cups
E. Rubber tracks
7. Italy - According to the Italy Import Data, the total value of the rubber-based products exported from Sri Lanka in 2024- 187 million US dollars.
TOP RUBBER-BASED PRODUCTS EXPORTED
A. Rubber conveyor belts
B. Rubber linings
C. Rubber expansion joints
D. Rubber insulation
E. Rubberized fabrics
8. United Kingdom - According to the United Kingdom Import Data, the total value of the rubber-based products exported from Sri Lanka in 2024- 145 million US dollars.
TOP RUBBER-BASED PRODUCTS EXPORTED
A. Rubber balloons
B. Rubber toys
C. Rubber erasers
D. Rubber shoe soles
E. Rubber adhesives
9. Thailand - According to the Thailand Import Data, the total value of the rubber-based products exported from Sri Lanka in 2024- 124 million US dollars.
TOP RUBBER-BASED PRODUCTS EXPORTED
A. Rubber bellows
B. Rubber casters
C. Rubber stoppers
D. Rubber tubing
E. Motorcycle tires
10. South Korea - According to the South Korea Import Data, the total value of the rubber-based products exported from Sri Lanka in 2024- 100 million US dollars.
TOP RUBBER-BASED PRODUCTS EXPORTED
A. Industrial gloves
B. Rubber rollers
C. Rubber profiles
D. Rubber linings
E. Rubber expansion joints
Que. What is the top exported rubber-based product of Sri Lanka in 2024?
Ans. Industrial Rubber Products are the top exported rubber-based products of Sri Lanka in 2024.
Que. What is the total value of the rubber-based products exported from Sri Lanka in 2024?
Ans. The total value of the rubber-based products exported from Sri Lanka and 2024 is 2.5 billion U.S dollars.
Que. Where can you get a detailed trade analysis of the rubber-based products export from Sri Lanka in 2024?
Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the rubber-based products export from Sri Lanka in 2024.