2022
Exports
$52.1MWorld Rnk 87 / 217
Flag Rnk 33 / 96
2022
PRODUCT COMPLEXITY IN Beverages, spirits, & vinegar
0.2Rnk 488 / 1025
2022
Imports
$37.3MWorld Rnk 146 / 225
Flag Rnk 55 / 96
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $52.1M in Beverages, spirits, & vinegar, making it the 87th largest exporter of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 33rd most exported product in Sri Lanka. The main destination of Beverages, spirits, & vinegar exports from Sri Lanka are: India ($24.7M), United Arab Emirates ($5.26M), Uganda ($4.39M), Maldives ($3.28M), and United Kingdom ($2.38M).

The fastest growing export markets for Beverages, spirits, & vinegar of Sri Lanka between 2021 and 2022 were India ($11.2M), United Arab Emirates ($1.7M), and Maldives ($1.06M).

Imports In 2022, Sri Lanka imported $37.3M in Beverages, spirits, & vinegar, becoming the 146th largest importer of Beverages, spirits, & vinegar in the world. At the same year, Beverages, spirits, & vinegar was the 55th most imported product in Sri Lanka. Sri Lanka imports Beverages, spirits, & vinegar primarily from: United Kingdom ($14M), Singapore ($4.66M), France ($3.25M), Spain ($2.04M), and Austria ($1.68M).

The fastest growing import markets in Beverages, spirits, & vinegar for Sri Lanka between 2021 and 2022 were United Kingdom ($10.3M), Singapore ($4.12M), and France ($1.41M).

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

Latest Trends

Nov 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 Beverages, spirits, & vinegar. 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)$52.1M
IMPORTS (2022)$37.3M
NET TRADE (2022)$14.7M

In 2022, Sri Lanka exported $52.1M in Beverages, spirits, & vinegar. The main destinations of Sri Lanka exports on Beverages, spirits, & vinegar were India ($24.7M), United Arab Emirates ($5.26M), Uganda ($4.39M), Maldives ($3.28M), and United Kingdom ($2.38M).

In 2022, Sri Lanka imported $37.3M in Beverages, spirits, & vinegar, mainly from United Kingdom ($14M), Singapore ($4.66M), France ($3.25M), Spain ($2.04M), and Austria ($1.68M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Beverages, spirits, & vinegar EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
India$11.2M (83.6%)
Maldives$1.06M (47.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Beverages, spirits, & vinegar BY Sri Lanka WERE (2021 - 2022):
United States-$2.16M (-64.1%)
Singapore-$1.11M (-43.7%)
Uganda-$572k (-11.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Beverages, spirits, & vinegar were:
France $22.4B
Italy $12.6B
Mexico $11.8B
In 2022, Sri Lanka's main importing competitors in Beverages, spirits, & vinegar were:

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Trade Value of Beverages, spirits, & vinegar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.6M
TOP IMPORT POTENTIALFrance+ $2.33M

Beverages, spirits, & vinegar’s highest export potential is United States. With an export gap of $2.6M.   Beverages, spirits, & vinegar’s highest import potential is France with an import gap of $2.33M.

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