2022
Exports
$876kWorld Rnk 117 / 171
Flag Rnk 402 / 1074
2022
PRODUCT COMPLEXITY IN Raw Sugar
-1.78Rnk 979 / 1025
2022
Imports
$287MWorld Rnk 32 / 224
Flag Rnk 7 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $876k in Raw Sugar, making it the 117th largest exporter of Raw Sugar in the world. At the same year, Raw Sugar was the 402nd most exported product in Sri Lanka. The main destination of Raw Sugar exports from Sri Lanka are: Maldives ($199k), Australia ($193k), Japan ($119k), United Kingdom ($103k), and France ($39.5k).

The fastest growing export markets for Raw Sugar of Sri Lanka between 2021 and 2022 were Australia ($161k), Japan ($79.3k), and France ($20.4k).

Imports In 2022, Sri Lanka imported $287M in Raw Sugar, becoming the 32nd largest importer of Raw Sugar in the world. At the same year, Raw Sugar was the 7th most imported product in Sri Lanka. Sri Lanka imports Raw Sugar primarily from: India ($268M), Thailand ($11.6M), United Arab Emirates ($4.67M), South Korea ($1.36M), and Malaysia ($388k).

The fastest growing import markets in Raw Sugar for Sri Lanka between 2021 and 2022 were India ($32.9M), South Korea ($543k), and Malaysia ($371k).

Latest Trends

Oct 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 Raw Sugar. 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)$876k
IMPORTS (2022)$287M
NET TRADE (2022)-$286M

In 2022, Sri Lanka exported $876k in Raw Sugar. The main destinations of Sri Lanka exports on Raw Sugar were Maldives ($199k), Australia ($193k), Japan ($119k), United Kingdom ($103k), and France ($39.5k).

In 2022, Sri Lanka imported $287M in Raw Sugar, mainly from India ($268M), Thailand ($11.6M), United Arab Emirates ($4.67M), South Korea ($1.36M), and Malaysia ($388k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Raw Sugar EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Australia$161k (505%)
Japan$79.3k (199%)
France$20.4k (106%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Raw Sugar BY Sri Lanka WERE (2021 - 2022):
China-$1.94M (-100%)
Maldives-$48.8k (-19.7%)
United Kingdom-$47.1k (-31.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Raw Sugar were:
Brazil $11.5B
India $6.03B
In 2022, Sri Lanka's main importing competitors in Raw Sugar were:

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Trade Value of Raw Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALJapan+ $239k
TOP IMPORT POTENTIALThailand+ $6.07M

Raw Sugar’s highest export potential is Japan. With an export gap of $239k.   Raw Sugar’s highest import potential is Thailand with an import gap of $6.07M.

See methodology.

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