2022
Exports
$387kWorld Rnk 82 / 148
Flag Rnk 493 / 1074
2022
PRODUCT COMPLEXITY IN Butter
0.015Rnk 543 / 1025
2022
Imports
$1.62MWorld Rnk 127 / 220
Flag Rnk 586 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $387k in Butter, making it the 82nd largest exporter of Butter in the world. At the same year, Butter was the 493rd most exported product in Sri Lanka. The main destination of Butter exports from Sri Lanka are: United States ($234k), Australia ($61.1k), Singapore ($49.4k), Japan ($22.3k), and Maldives ($18.4k).

The fastest growing export markets for Butter of Sri Lanka between 2021 and 2022 were United States ($76.2k), Singapore ($48.1k), and Australia ($16.8k).

Imports In 2022, Sri Lanka imported $1.62M in Butter, becoming the 127th largest importer of Butter in the world. At the same year, Butter was the 586th most imported product in Sri Lanka. Sri Lanka imports Butter primarily from: New Zealand ($592k), Denmark ($300k), India ($289k), Malaysia ($113k), and Australia ($86.4k).

The fastest growing import markets in Butter for Sri Lanka between 2021 and 2022 were Denmark ($196k), United Arab Emirates ($25.3k), and Germany ($24.5k).

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 Butter. 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)$387k
IMPORTS (2022)$1.62M
NET TRADE (2022)-$1.24M

In 2022, Sri Lanka exported $387k in Butter. The main destinations of Sri Lanka exports on Butter were United States ($234k), Australia ($61.1k), Singapore ($49.4k), Japan ($22.3k), and Maldives ($18.4k).

In 2022, Sri Lanka imported $1.62M in Butter, mainly from New Zealand ($592k), Denmark ($300k), India ($289k), Malaysia ($113k), and Australia ($86.4k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Butter EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
United States$76.2k (48.2%)
Singapore$48.1k (3.74k%)
Australia$16.8k (37.9%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Butter BY Sri Lanka WERE (2021 - 2022):
Oman-$86.9k (-100%)
Maldives-$48.4k (-72.5%)
Japan-$25.6k (-53.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Butter were:
In 2022, Sri Lanka's main importing competitors in Butter were:

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Trade Value of Butter by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $122k
TOP IMPORT POTENTIALNew Zealand+ $367k

Butter’s highest export potential is United States. With an export gap of $122k.   Butter’s highest import potential is New Zealand with an import gap of $367k.

See methodology.

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