2023
Exports
$7.27MWorld Rnk 101 / 215
Flag Rnk 70 / 96
2023
PRODUCT COMPLEXITY IN Organic chemicals
1.84Rnk 10 / 1025
2023
Imports
$231MWorld Rnk 76 / 225
Flag Rnk 22 / 96
2023
ECONOMIC COMPLEXITY of Sri Lanka
-0.44Rnk 85 / 132

About

Exports In 2023, Sri Lanka exported $7.27M in Organic chemicals, making it the 101st largest exporter of Organic chemicals in the world. At the same year, Organic chemicals was the 70th most exported product in Sri Lanka. The main destination of Organic chemicals exports from Sri Lanka are: Oman ($3.91M), Singapore ($489k), India ($430k), Maldives ($395k), and Germany ($329k).

The fastest growing export markets for Organic chemicals of Sri Lanka between 2022 and 2023 were Oman ($1.4M), Singapore ($485k), and Germany ($310k).

Imports In 2023, Sri Lanka imported $231M in Organic chemicals, becoming the 76th largest importer of Organic chemicals in the world. At the same year, Organic chemicals was the 22nd most imported product in Sri Lanka. Sri Lanka imports Organic chemicals primarily from: China ($92.9M), India ($55.9M), Singapore ($16M), Malaysia ($13.7M), and South Korea ($6.32M).

The fastest growing import markets in Organic chemicals for Sri Lanka between 2022 and 2023 were India ($10.4M), Mexico ($1.44M), and Hungary ($1.17M).

COMPANIES In 2024, leading companies such as Kontoor Brands (55), IKEA Group (39), and Givaudan Fragrances (11) were at the forefront of shipping Organic chemicals from Sri Lanka to the United States.

Latest Trends

Dec 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 Organic chemicals. 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 (2023)$7.27M
IMPORTS (2023)$231M
NET TRADE (2023)-$224M

In 2023, Sri Lanka exported $7.27M in Organic chemicals. The main destinations of Sri Lanka exports on Organic chemicals were Oman ($3.91M), Singapore ($489k), India ($430k), Maldives ($395k), and Germany ($329k).

In 2023, Sri Lanka imported $231M in Organic chemicals, mainly from China ($92.9M), India ($55.9M), Singapore ($16M), Malaysia ($13.7M), and South Korea ($6.32M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Organic chemicals EXPORT MARKETS FOR Sri Lanka WERE (2022 - 2023):
Oman$1.4M (55.9%)
Singapore$485k (10.9k%)
Germany$310k (1.63k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Organic chemicals BY Sri Lanka WERE (2022 - 2023):
Malaysia-$472k (-76.4%)
Bangladesh-$141k (-37.3%)
Slovenia-$84.9k (-49.2%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Sri Lanka's main exporting competitors in Organic chemicals were:
In 2023, Sri Lanka's main importing competitors in Organic chemicals were:

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Trade Value of Organic chemicals by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $313k
TOP IMPORT POTENTIALChina+ $29.8M

Organic chemicals’s highest export potential is India. With an export gap of $313k.   Organic chemicals’s highest import potential is China with an import gap of $29.8M.

See methodology.

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