2022
Exports
$331kWorld Rnk 97 / 141
Flag Rnk 507 / 1074
2022
PRODUCT COMPLEXITY IN Inedible Fats and Oils
-0.34Rnk 660 / 1025
2022
Imports
$3.96MWorld Rnk 55 / 186
Flag Rnk 426 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $331k in Inedible Fats and Oils, making it the 97th largest exporter of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 507th most exported product in Sri Lanka. The main destination of Inedible Fats and Oils exports from Sri Lanka are: Malaysia ($275k), United States ($55.6k), South Africa ($164), and Canada ($2).

The fastest growing export markets for Inedible Fats and Oils of Sri Lanka between 2021 and 2022 were Malaysia ($251k), United States ($55.6k), and South Africa ($164).

Imports In 2022, Sri Lanka imported $3.96M in Inedible Fats and Oils, becoming the 55th largest importer of Inedible Fats and Oils in the world. At the same year, Inedible Fats and Oils was the 426th most imported product in Sri Lanka. Sri Lanka imports Inedible Fats and Oils primarily from: Malaysia ($2.57M), Ukraine ($703k), Saudi Arabia ($559k), India ($70.8k), and Israel ($29.1k).

The fastest growing import markets in Inedible Fats and Oils for Sri Lanka between 2021 and 2022 were Israel ($29.1k), Chinese Taipei ($4.01k), and Bulgaria ($2.98k).

Latest Trends

Nov 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 Inedible Fats and Oils. 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)$331k
IMPORTS (2022)$3.96M
NET TRADE (2022)-$3.63M

In 2022, Sri Lanka exported $331k in Inedible Fats and Oils. The main destinations of Sri Lanka exports on Inedible Fats and Oils were Malaysia ($275k), United States ($55.6k), South Africa ($164), and Canada ($2).

In 2022, Sri Lanka imported $3.96M in Inedible Fats and Oils, mainly from Malaysia ($2.57M), Ukraine ($703k), Saudi Arabia ($559k), India ($70.8k), and Israel ($29.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Inedible Fats and Oils EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Malaysia$251k (1.02k%)
United States$55.6k (1%)
South Africa$164 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Inedible Fats and Oils BY Sri Lanka WERE (2021 - 2022):
Singapore-$4.06k (-100%)
Canada-$1.81k (-99.9%)
Ukraine-$180 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Inedible Fats and Oils were:
In 2022, Sri Lanka's main importing competitors in Inedible Fats and Oils were:

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Trade Value of Inedible Fats and Oils by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $81.2k
TOP IMPORT POTENTIALIndia+ $72.6k

Inedible Fats and Oils’s highest export potential is United States. With an export gap of $81.2k.   Inedible Fats and Oils’s highest import potential is India with an import gap of $72.6k.

See methodology.

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