HS Icon Tea in  Flag Sri Lanka

2019
Exports | Imports
: $811M | $13.5M, World Rnk 4 / 188
Flag Rnk 1 / 971 | World Rnk 68 / 222
Flag Rnk 223 / 1149

2018 - 2019
FASTEST GROWING MARKET | FASTEST GROWING ORIGIN
: $13.7M | $286k, India |  China

2019
ECONOMIC COMPLEXITY of Sri Lanka
: -0.53, Rnk 96 / 147

2019
PRODUCT COMPLEXITY  IN Tea
: -2, Rnk 1005 / 1029

Exports In 2019, Sri Lanka exported $811M in Tea, making it the 4th 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 ($129M), China ($61.7M), United States ($48.5M), Japan ($45.6M), and Azerbaijan ($44.9M).

The fastest growing export markets for Tea of Sri Lanka between 2018 and 2019 were India ($13.7M), Turkey ($6.58M), and United States ($5.25M).

Imports In 2019, Sri Lanka imported $13.5M in Tea, becoming the 68th largest importer of Tea in the world. At the same year, Tea was the 223rd most imported product in Sri Lanka. Sri Lanka imports Tea primarily from: China ($6.19M), India ($4.32M), Kenya ($1.39M), United Arab Emirates ($434k), and Japan ($305k).

The fastest growing import markets in Tea for Sri Lanka between 2018 and 2019 were China ($286k), Malawi ($219k), and Japan ($183k).

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 (Most Favoured Nation duty rate treatement, 30%), Burundi (Most Favoured Nation duty rate treatement, 30%), Benin (Most Favoured Nation duty rate treatement, 30%), Burkina Faso (Most Favoured Nation duty rate treatement, 30%), and Botswana (Most Favoured Nation duty rate treatement, 30%).

Historical Data

#permalink to section
Value
Compare to

EXPORTS (2019): $811M

IMPORTS (2019): $13.5M

NET TRADE (2019): $797M

In 2019, Sri Lanka exported $811M in Tea. The main destinations of Sri Lanka exports on Tea were Russia ($129M), China ($61.7M), United States ($48.5M), Japan ($45.6M), and Azerbaijan ($44.9M).

In 2019, Sri Lanka imported $13.5M in Tea, mainly from China ($6.19M), India ($4.32M), Kenya ($1.39M), United Arab Emirates ($434k), and Japan ($305k).

Explore Visualizations

IN 2019, Sri Lanka HAD A POSITIVE NET TRADE IN Tea WITH:

IN 2019, Sri Lanka HAD A NEGATIVE NET TRADE IN Tea WITH:

Flow

THE FASTEST GROWING Tea EXPORT MARKETS FOR Sri Lanka WERE (2018 - 2019):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Sri Lanka WERE (2018 - 2019):

Explore Visualizations

Market Concentration

#permalink to section
Flow
Type

In 2019, Sri Lanka's main exporting competitors in Tea were:

In 2019, Sri Lanka's main importing competitors in Tea were:

Explore Visualizations

Tariffs by Country

#permalink to section

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 (Most Favoured Nation duty rate treatement, 30%), Burundi (Most Favoured Nation duty rate treatement, 30%), Benin (Most Favoured Nation duty rate treatement, 30%), Burkina Faso (Most Favoured Nation duty rate treatement, 30%), and Botswana (Most Favoured Nation duty rate treatement, 30%).