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Exports In 2022, Sri Lanka exported $1.15k in Turpentine, making it the 84th largest exporter of Turpentine in the world. At the same year, Turpentine was the 984th most exported product in Sri Lanka. The main destination of Turpentine exports from Sri Lanka are: Maldives ($819) and Central African Republic ($326).

The fastest growing export markets for Turpentine of Sri Lanka between 2021 and 2022 were Central African Republic ($326).

Imports In 2022, Sri Lanka imported $293k in Turpentine, becoming the 68th largest importer of Turpentine in the world. At the same year, Turpentine was the 869th most imported product in Sri Lanka. Sri Lanka imports Turpentine primarily from: India ($141k), China ($84.2k), New Zealand ($29.4k), Singapore ($17.9k), and Indonesia ($10.7k).

The fastest growing import markets in Turpentine for Sri Lanka between 2021 and 2022 were Singapore ($17.9k), United States ($10k), and Indonesia ($588).

Latest Trends

Jul 2024

Subnational Monthly Trade

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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 Turpentine. 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)$1.15k
IMPORTS (2022)$293k
NET TRADE (2022)-$292k

In 2022, Sri Lanka exported $1.15k in Turpentine. The main destinations of Sri Lanka exports on Turpentine were Maldives ($819) and Central African Republic ($326).

In 2022, Sri Lanka imported $293k in Turpentine, mainly from India ($141k), China ($84.2k), New Zealand ($29.4k), Singapore ($17.9k), and Indonesia ($10.7k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Turpentine EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):Central African Republic$326 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Turpentine BY Sri Lanka WERE (2021 - 2022):Maldives-$2.78k (-77.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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In 2022, Sri Lanka's main exporting competitors in Turpentine were:
In 2022, Sri Lanka's main importing competitors in Turpentine were:

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Trade Value of Turpentine by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALIndia+ $450
TOP IMPORT POTENTIALIndia+ $25.1k

Turpentine’s highest export potential is India. With an export gap of $450.   Turpentine’s highest import potential is India with an import gap of $25.1k.

See methodology.

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