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Sri-Lanka export

Sri Lanka Export Data

Nestled in the heart of South Asia, Sri Lanka is a tropical paradise known for its stunning landscapes, rich cultural heritage, and promising business environment. With a strategic location on major international trade routes, this island nation has emerged as a key player in the global export market. Due to the Palk Strait between India and Sri Lanka, these two countries share a marine border. In terms of land area, Sri Lanka ranks 17th among Asian countries. Sri Lanka occupies a land area of about 65,610 km^2. Sri Lanka has emerged as a prominent player in the global export market. With a rich cultural heritage and a diverse range of products, the country has gained recognition for its high-quality exports.

According to Sri Lanka’s export data, Sri Lanka exported a total of $11.9 billion of goods in 2023, with a decrease of 6% from the previous year. Articles of apparel knitted or crocheted are the biggest export of Sri Lanka in 2023, while the USA is its top export partner. Sri Lanka’s current total GDP is $74.40 billion with a total GDP export share of 21.48%. Sri Lanka is a part of trading blocs such as SAFTA and AFTA. Let's delve into the world of Sri Lanka export data, exploring the key trends and insights for the year 2023.

Sri Lanka Export Data | Sri Lanka Trade Data | Sri Lanka Customs Data

92

The country has been ranked 92nd in global exports, showing a significant position in the international trade and export landscape.

0.1%

With a mere 0.1% share in global export trade, it becomes evident that its presence in the international export market is fairly on the rise.

USA

The USA holds a significant role as the largest export partner of the country in terms of goods exports and export share.

ARTICLES OF APPAREL, KNITTED OR CROCHETED

Articles of apparel, knitted or crocheted are the major and biggest export commodity of the country, playing a vital role in its economy.

export

Top 10 Exports of Sri Lanka

Sri Lanka, a nation known for its diverse and vibrant economy, boasts an impressive array of top exports that have positioned the country as a formidable player in the global market. The top 10 exports of Sri Lanka encompass a wide range of industries. Sri Lanka’s top 10 exports in 2023 based on its export data are:

  • Articles of apparel, knitted or crocheted (HS code 61): 22.64% ($2.72 billion)
  • Articles of apparel, not knitted or crocheted (HS code 62): 14.55% ($1.75 billion)
  • Coffee, tea, maté, and spices (HS code 09): 13.84% ($1.66 billion)
  • Rubber and articles thereof (HS code 40): 7.81% ($941.02 million)
  • Pearls, precious stones, and metals (HS code 71): 3.56% ($429.47 million)
  • Electrical machinery and equipment (HS code 85): 3.17% ($382.56 million)
  • Mineral fuels and mineral oils (HS code 27): 3.16% ($380.37 million)
  • Nuclear reactors and machinery (HS code 84): 2.44% ($293.52 million)
  • Fish and crustaceans, and other aquatic invertebrates (HS code 03): 2.42% ($291.25 million)
  • Preparations of vegetables, fruit, or parts of plants (HS code 20): 1.69% ($204.03 million)
    • Partners

    Top 10 Export Partners of Sri Lanka

    Additionally, Sri Lanka's export partners play a crucial role in fueling the nation's economic growth. The top 10 export partners of Sri Lanka comprise both Asian and Western countries. These partnerships have enabled Sri Lanka to establish a strong foothold in the international trade arena, fostering economic stability and prosperity in the process. The Top 10 Export Partners of Sri Lanka in 2023 according to the export data include:

    Value In Percentage(%)

  • USA: 23.2% (2.79 billion US$)
  • United Kingdom: 7.1% (861.10 million US$)
  • India: 7.1% (860.79 million US$)
  • Italy: 5.7% (684.28 million US$)
  • Germany: 5% (603.88 million US$)
  • United Arab Emirates: 3.2% (390.13 million US$)
  • Netherlands: 2.9% (348.14 million US$)
  • France: 2.6% (311.80 million US$)
  • Canada: 2.5% (296.43 million US$)
  • China: 2.2% (268.56 million US$)
    • Sample Data

    Assessing Sri Lanka’s Export Data

    We obtain trustworthy data from organizations, shipping businesses, and customs ports. This Trade Data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them to make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of this trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    To truly understand the export landscape of Sri Lanka, it is crucial to analyze the export data for the year 2023. This data provides valuable insights into the country's export performance, top export destinations, and popular export commodities. Based on the export data for Sri Lanka’s exports, the country exported a total of $11.9 billion of goods in 2023. You can discover a range of fields in Sri Lanka trade and export data, including total currency value, product description, quantity, price, and more. It contains information such as the destination country, exporter name, and HS codes. For dealers and marketers, this bespoke export data is extremely valuable information. So, as you can see, we obtain trustworthy data from organizations, shipping businesses, and customs ports. The trade data contains a wide range of fields, such as HS codes, product descriptions, prices, quantities, origin country, importers/exporters names and addresses, destination country, and port names together with currency values. For traders and marketers, this trade data is crucial information that helps them make informed decisions. From the HS codes and product descriptions to the quantity and cost of each product, everything can be obtained through this trade data. We have included a sample of the trade data for your convenience and greater understanding so that you can see what the trade data looks like as a whole, with complete details.

    Benefits

    Benefits of Sri Lanka’s Export Data

  • Produce authentic leads from the export market in Sri Lanka.
  • Discover Sri Lanka's most recent product demand.
  • Keep track of your rivals and overtake them in the market.
  • Make your marketing plan driven by export data.
  • Make a significant impact on Sri Lanka's export market.
  • Establish long-term objectives and maximize earnings.

    • Frequently Asked Questions!!

    The decrease in Sri Lanka's goods exports in 2023 was 6%.

    The total export value of Sri Lanka's exports in 2023 is $11.9 billion.

    Knitted articles of apparel are the top exported product of Sri Lanka in 2023.

    The USA is the top export destination for Sri Lanka in 2023.

    Produce authentic leads, discover product demand, keep an eye on rivals, make marketing plans driven by export data, make a significant impact on the export market, and establish long-term objectives.

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