2022
Exports
$13.9MWorld Rnk 73 / 196
Flag Rnk 126 / 1074
2022
PRODUCT COMPLEXITY IN Chocolate
0.14Rnk 508 / 1025
2022
Imports
$13MWorld Rnk 115 / 225
Flag Rnk 216 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $13.9M in Chocolate, making it the 73rd largest exporter of Chocolate in the world. At the same year, Chocolate was the 126th most exported product in Sri Lanka. The main destination of Chocolate exports from Sri Lanka are: United Arab Emirates ($4.2M), Hong Kong ($2.8M), Bangladesh ($2.64M), Saudi Arabia ($1.33M), and Israel ($689k).

The fastest growing export markets for Chocolate of Sri Lanka between 2021 and 2022 were Bangladesh ($601k), Turkey ($562k), and Israel ($294k).

Imports In 2022, Sri Lanka imported $13M in Chocolate, becoming the 115th largest importer of Chocolate in the world. At the same year, Chocolate was the 216th most imported product in Sri Lanka. Sri Lanka imports Chocolate primarily from: India ($4.41M), Netherlands ($2.61M), Turkey ($1.32M), Spain ($894k), and Poland ($750k).

The fastest growing import markets in Chocolate for Sri Lanka between 2021 and 2022 were Netherlands ($1.24M), Turkey ($696k), and India ($233k).

COMPANIES In 2023, leading companies such as Old Navy (1) and Gap (1) were at the forefront of shipping Chocolate 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 Chocolate. 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)$13.9M
IMPORTS (2022)$13M
NET TRADE (2022)$860k

In 2022, Sri Lanka exported $13.9M in Chocolate. The main destinations of Sri Lanka exports on Chocolate were United Arab Emirates ($4.2M), Hong Kong ($2.8M), Bangladesh ($2.64M), Saudi Arabia ($1.33M), and Israel ($689k).

In 2022, Sri Lanka imported $13M in Chocolate, mainly from India ($4.41M), Netherlands ($2.61M), Turkey ($1.32M), Spain ($894k), and Poland ($750k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Chocolate EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Bangladesh$601k (29.5%)
Turkey$562k (195k%)
Israel$294k (74.7%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Chocolate BY Sri Lanka WERE (2021 - 2022):
Maldives-$678k (-72.4%)
United Kingdom-$340k (-54.8%)
Saudi Arabia-$321k (-19.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Chocolate were:
Germany $5.61B
Belgium $3.01B
Italy $2.46B
In 2022, Sri Lanka's main importing competitors in Chocolate were:

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Trade Value of Chocolate by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited Kingdom+ $252k
TOP IMPORT POTENTIALTurkey+ $660k

Chocolate’s highest export potential is United Kingdom. With an export gap of $252k.   Chocolate’s highest import potential is Turkey with an import gap of $660k.

See methodology.

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