2022
Exports
$1.29BWorld Rnk 3 / 197
Flag Rnk 1 / 1074
2022
PRODUCT COMPLEXITY IN Tea
-1.99Rnk 1002 / 1025
2022
Imports
$16.8MWorld Rnk 68 / 223
Flag Rnk 189 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $1.29B in Tea, making it the 3rd 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: Iraq ($153M), Russia ($131M), United Arab Emirates ($110M), Iran ($74M), and Azerbaijan ($67.6M).

The fastest growing export markets for Tea of Sri Lanka between 2021 and 2022 were Azerbaijan ($17.5M), United Arab Emirates ($11.9M), and Russia ($9.69M).

Imports In 2022, Sri Lanka imported $16.8M in Tea, becoming the 68th largest importer of Tea in the world. At the same year, Tea was the 189th most imported product in Sri Lanka. Sri Lanka imports Tea primarily from: India ($7.39M), China ($6.42M), Kenya ($1.99M), United Arab Emirates ($283k), and Japan ($202k).

The fastest growing import markets in Tea for Sri Lanka between 2021 and 2022 were China ($671k), India ($660k), and United Arab Emirates ($172k).

COMPANIES In 2023, leading companies such as Walmart (4), ASOS (2), and 99 Cents Only Stores (1) were at the forefront of shipping Tea from Sri Lanka to the United States.

Latest Trends

Aug 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 Tea. 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)$1.29B
IMPORTS (2022)$16.8M
NET TRADE (2022)$1.27B

In 2022, Sri Lanka exported $1.29B in Tea. The main destinations of Sri Lanka exports on Tea were Iraq ($153M), Russia ($131M), United Arab Emirates ($110M), Iran ($74M), and Azerbaijan ($67.6M).

In 2022, Sri Lanka imported $16.8M in Tea, mainly from India ($7.39M), China ($6.42M), Kenya ($1.99M), United Arab Emirates ($283k), and Japan ($202k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Tea EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Azerbaijan$17.5M (34.9%)
United Arab Emirates$11.9M (12.2%)
Russia$9.69M (7.97%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Tea BY Sri Lanka WERE (2021 - 2022):
Turkey-$48M (-46.2%)
China-$13.7M (-21.4%)
Ukraine-$8.12M (-36.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Tea were:
China $1.77B
Kenya $1.39B
In 2022, Sri Lanka's main importing competitors in Tea were:

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Trade Value of Tea by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $5.61M
TOP IMPORT POTENTIALChina+ $1.37M

Tea’s highest export potential is United States. With an export gap of $5.61M.   Tea’s highest import potential is China with an import gap of $1.37M.

See methodology.

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