2022
Exports
$2.07MWorld Rnk 83 / 155
Flag Rnk 292 / 1074
2022
PRODUCT COMPLEXITY IN Margarine
-0.83Rnk 786 / 1025
2022
Imports
$16.9MWorld Rnk 92 / 219
Flag Rnk 187 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $2.07M in Margarine, making it the 83rd largest exporter of Margarine in the world. At the same year, Margarine was the 292nd most exported product in Sri Lanka. The main destination of Margarine exports from Sri Lanka are: India ($1.33M), Canada ($344k), Maldives ($157k), Germany ($48.3k), and Japan ($32.4k).

The fastest growing export markets for Margarine of Sri Lanka between 2021 and 2022 were India ($618k), Germany ($48.3k), and Maldives ($41.5k).

Imports In 2022, Sri Lanka imported $16.9M in Margarine, becoming the 92nd largest importer of Margarine in the world. At the same year, Margarine was the 187th most imported product in Sri Lanka. Sri Lanka imports Margarine primarily from: Malaysia ($7.13M), Indonesia ($6.67M), Singapore ($2.49M), India ($265k), and Italy ($164k).

The fastest growing import markets in Margarine for Sri Lanka between 2021 and 2022 were Indonesia ($2.27M), Singapore ($1.65M), and India ($188k).

COMPANIES In 2023, leading companies such as The Tile Shop (1) were at the forefront of shipping Margarine from Sri Lanka to the United States.

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 Margarine. 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)$2.07M
IMPORTS (2022)$16.9M
NET TRADE (2022)-$14.8M

In 2022, Sri Lanka exported $2.07M in Margarine. The main destinations of Sri Lanka exports on Margarine were India ($1.33M), Canada ($344k), Maldives ($157k), Germany ($48.3k), and Japan ($32.4k).

In 2022, Sri Lanka imported $16.9M in Margarine, mainly from Malaysia ($7.13M), Indonesia ($6.67M), Singapore ($2.49M), India ($265k), and Italy ($164k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Margarine EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
India$618k (86.1%)
Germany$48.3k (55.5k%)
Maldives$41.5k (36%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Margarine BY Sri Lanka WERE (2021 - 2022):
Canada-$330k (-49%)
Nepal-$66.6k (-100%)
Australia-$40.7k (-95.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Margarine were:
In 2022, Sri Lanka's main importing competitors in Margarine were:
China $1.33B

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Trade Value of Margarine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $86.1k
TOP IMPORT POTENTIALIndonesia+ $1.58M

Margarine’s highest export potential is Germany. With an export gap of $86.1k.   Margarine’s highest import potential is Indonesia with an import gap of $1.58M.

See methodology.

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