Tea in Sri Lanka

EXPORTS (2018): $858M, World Rnk 3 / 156
Flag Rnk 1 / 940

TOP DESTINATION (2018): $146M, Russia

FASTEST GROWING MARKET (2017 - 2018): $10.4M, Saudi Arabia

IMPORTS (2018): $17.6M, World Rnk 65 / 215
Flag Rnk 204 / 1125

TOP ORIGIN (2018): $8.74M, India

FASTEST GROWING ORIGIN (2017 - 2018): $343k, United Arab Emirates

ECONOMIC COMPLEXITY of Sri Lanka (2018): -0.65, Rnk 97 / 137

Overview: This page contains the latest trade data of Tea in Sri Lanka.

Exports: In 2018, Sri Lanka exported $858M in Tea, making it the 3rd largest exporter of Tea in the world. At the same year, Tea was the 1st most exported product in Sri Lanka. The main destination of Tea exports from Sri Lanka are: Russia ($146M), China ($59.1M), Japan ($48.9M), United Arab Emirates ($44.6M), and United States ($41.9M).

The fastest growing export markets for Tea of Sri Lanka between 2017 and 2018 were Saudi Arabia ($10.4M), China ($8.35M), and Netherlands ($5.31M).

Imports: In 2018, Sri Lanka imported $17.6M in Tea, becoming the 65th largest importer of Tea in the world. At the same year, Tea was the 204th most imported product in Sri Lanka. Sri Lanka imports Tea primarily from: India ($8.74M), China ($5.9M), Kenya ($1.74M), United Arab Emirates ($350k), and Italy ($152k).

The fastest growing import markets in Tea for Sri Lanka between 2017 and 2018 were United Arab Emirates ($343k), Italy ($139k), and Saudi Arabia ($124k).

Tariffs: In 2018, the average tariff for Sri Lanka in Tea was 29.9%. The countries with the highest import tariffs for Tea were Angola (30%), Burundi (30%), Benin (30%), Burkina Faso (30%), and Botswana (30%).

Value

EXPORTS (2018): $858M

IMPORTS (2018): $17.6M

NET TRADE (2018): $841M

In 2018, Sri Lanka exported $858M in Tea. The main destinations of Sri Lanka exports on Tea were Russia ($146M), China ($59.1M), Japan ($48.9M), United Arab Emirates ($44.6M), and United States ($41.9M).

In 2018, Sri Lanka imported $17.6M in Tea, mainly from India ($8.74M), China ($5.9M), Kenya ($1.74M), United Arab Emirates ($350k), and Italy ($152k).

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IN 2018, Sri Lanka HAD A POSITIVE NET TRADE IN Tea WITH:

  • Russia, $146M ($146M - $0)
  • China, $53.2M ($59.1M - $5.9M)
  • Japan, $48.8M ($48.9M - $123k)

IN 2018, Sri Lanka HAD A NEGATIVE NET TRADE IN Tea WITH:

  • India, -$4.54M ($4.19M - $8.74M)
  • Kenya, -$1.52M ($220k - $1.74M)
Flow

THE FASTEST GROWING Tea EXPORT MARKETS FOR Sri Lanka WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Sri Lanka WERE (2017 - 2018):

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Market Concentration

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Type

In 2018, Sri Lanka's main exporting competitors in Tea were:

In 2018, Sri Lanka's main importing competitors in Tea were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Tea in Sri Lanka. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Sri Lanka in Tea was 29.9%.

The countries with the highest tariffs for Tea in Sri Lanka were Angola (30%), Burundi (30%), Benin (30%), Burkina Faso (30%), and Botswana (30%).

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