2023
Exports
$3.88MWorld Rnk 57 / 135
Flag Rnk 221 / 1073
2023
PRODUCT COMPLEXITY IN Wheat
-0.28Rnk 640 / 1025
2023
Imports
$270MWorld Rnk 52 / 195
Flag Rnk 9 / 1170
2023
ECONOMIC COMPLEXITY of Sri Lanka
-0.44Rnk 85 / 132

About

Exports In 2023, Sri Lanka exported $3.88M in Wheat, making it the 57th largest exporter of Wheat in the world. At the same year, Wheat was the 221st most exported product in Sri Lanka. The main destination of Wheat exports from Sri Lanka are: Singapore ($3.88M), Cyprus ($1.09k), Sweden ($49), and Maldives ($31).

The fastest growing export markets for Wheat of Sri Lanka between 2022 and 2023 were Cyprus ($509) and Sweden ($49).

Imports In 2023, Sri Lanka imported $270M in Wheat, becoming the 52nd largest importer of Wheat in the world. At the same year, Wheat was the 9th most imported product in Sri Lanka. Sri Lanka imports Wheat primarily from: Romania ($157M), Canada ($73.9M), Ukraine ($30.9M), United States ($6.54M), and Australia ($1.27M).

The fastest growing import markets in Wheat for Sri Lanka between 2022 and 2023 were Romania ($141M), Canada ($58M), and Ukraine ($16.6M).

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 Wheat. 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)$3.88M
IMPORTS (2023)$270M
NET TRADE (2023)-$266M

In 2023, Sri Lanka exported $3.88M in Wheat. The main destinations of Sri Lanka exports on Wheat were Singapore ($3.88M), Cyprus ($1.09k), Sweden ($49), and Maldives ($31).

In 2023, Sri Lanka imported $270M in Wheat, mainly from Romania ($157M), Canada ($73.9M), Ukraine ($30.9M), United States ($6.54M), and Australia ($1.27M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Sri Lanka WERE (2022 - 2023):
Cyprus$509 (87.8%)
Sweden$49 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Sri Lanka WERE (2022 - 2023):
Angola-$9.72M (-100%)
Singapore-$1.94M (-33.3%)
Maldives-$244 (-88.7%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $5.91k
TOP IMPORT POTENTIALAustralia+ $6.75M

Wheat’s highest export potential is Singapore. With an export gap of $5.91k.   Wheat’s highest import potential is Australia with an import gap of $6.75M.

See methodology.

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