2022
Exports
$2.84MWorld Rnk 68 / 196
Flag Rnk 262 / 1074
2022
PRODUCT COMPLEXITY IN Wine
-1.04Rnk 845 / 1025
2022
Imports
$5.98MWorld Rnk 128 / 225
Flag Rnk 339 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $2.84M in Wine, making it the 68th largest exporter of Wine in the world. At the same year, Wine was the 262nd most exported product in Sri Lanka. The main destination of Wine exports from Sri Lanka are: Maldives ($1.59M), India ($786k), United Arab Emirates ($406k), Slovakia ($18.2k), and Czechia ($12.2k).

The fastest growing export markets for Wine of Sri Lanka between 2021 and 2022 were Maldives ($1.29M), United Arab Emirates ($190k), and Slovakia ($18.2k).

Imports In 2022, Sri Lanka imported $5.98M in Wine, becoming the 128th largest importer of Wine in the world. At the same year, Wine was the 339th most imported product in Sri Lanka. Sri Lanka imports Wine primarily from: France ($1.52M), Italy ($982k), Chile ($679k), Australia ($588k), and South Africa ($560k).

The fastest growing import markets in Wine for Sri Lanka between 2021 and 2022 were France ($337k), United Arab Emirates ($277k), and Spain ($218k).

COMPANIES In 2023, leading companies such as Banana Republic (2) were at the forefront of shipping Wine from Sri Lanka to the United States.

Latest Trends

Jul 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 Wine. 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)$2.84M
IMPORTS (2022)$5.98M
NET TRADE (2022)-$3.14M

In 2022, Sri Lanka exported $2.84M in Wine. The main destinations of Sri Lanka exports on Wine were Maldives ($1.59M), India ($786k), United Arab Emirates ($406k), Slovakia ($18.2k), and Czechia ($12.2k).

In 2022, Sri Lanka imported $5.98M in Wine, mainly from France ($1.52M), Italy ($982k), Chile ($679k), Australia ($588k), and South Africa ($560k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wine EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Maldives$1.29M (424%)
Slovakia$18.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wine BY Sri Lanka WERE (2021 - 2022):
Singapore-$415k (-100%)
India-$148k (-15.9%)
Bangladesh-$29k (-72.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Wine were:
France $13.1B
Italy $8.32B
Spain $3.25B
In 2022, Sri Lanka's main importing competitors in Wine were:

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Trade Value of Wine by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $37.4k
TOP IMPORT POTENTIALFrance+ $1.1M

Wine’s highest export potential is India. With an export gap of $37.4k.   Wine’s highest import potential is France with an import gap of $1.1M.

See methodology.

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