2023
Exports
$119MWorld Rnk 2 / 100
Flag Rnk 26 / 1073
2023
PRODUCT COMPLEXITY IN Coconut and Other Vegetable Fibers
-1.68Rnk 970 / 1025
2023
Imports
$55.8kWorld Rnk 131 / 182
Flag Rnk 1003 / 1170
2023
ECONOMIC COMPLEXITY of Sri Lanka
-0.44Rnk 85 / 132

About

Exports In 2023, Sri Lanka exported $119M in Coconut and Other Vegetable Fibers, making it the 2nd largest exporter of Coconut and Other Vegetable Fibers in the world. At the same year, Coconut and Other Vegetable Fibers was the 26th most exported product in Sri Lanka. The main destination of Coconut and Other Vegetable Fibers exports from Sri Lanka are: China ($14.4M), United States ($13M), Japan ($11.1M), South Korea ($8.66M), and Mexico ($7.16M).

The fastest growing export markets for Coconut and Other Vegetable Fibers of Sri Lanka between 2022 and 2023 were South Korea ($7.49M), Australia ($2.79M), and South Africa ($1.38M).

Imports In 2023, Sri Lanka imported $55.8k in Coconut and Other Vegetable Fibers, becoming the 131st largest importer of Coconut and Other Vegetable Fibers in the world. At the same year, Coconut and Other Vegetable Fibers was the 1003rd most imported product in Sri Lanka. Sri Lanka imports Coconut and Other Vegetable Fibers primarily from: Kenya ($31.5k), Georgia ($14.7k), Thailand ($6.94k), United Kingdom ($1.39k), and Germany ($430).

The fastest growing import markets in Coconut and Other Vegetable Fibers for Sri Lanka between 2022 and 2023 were Kenya ($31.5k), Georgia ($14.7k), and Thailand ($6.94k).

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 Coconut and Other Vegetable Fibers. 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)$119M
IMPORTS (2023)$55.8k
NET TRADE (2023)$119M

In 2023, Sri Lanka exported $119M in Coconut and Other Vegetable Fibers. The main destinations of Sri Lanka exports on Coconut and Other Vegetable Fibers were China ($14.4M), United States ($13M), Japan ($11.1M), South Korea ($8.66M), and Mexico ($7.16M).

In 2023, Sri Lanka imported $55.8k in Coconut and Other Vegetable Fibers, mainly from Kenya ($31.5k), Georgia ($14.7k), Thailand ($6.94k), United Kingdom ($1.39k), and Germany ($430).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Coconut and Other Vegetable Fibers EXPORT MARKETS FOR Sri Lanka WERE (2022 - 2023):
South Korea$7.49M (642%)
Australia$2.79M (166%)
South Africa$1.38M (113%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut and Other Vegetable Fibers BY Sri Lanka WERE (2022 - 2023):
China-$7.81M (-35.2%)
Peru-$7.46M (-97%)
Japan-$5.08M (-31.4%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Sri Lanka's main exporting competitors in Coconut and Other Vegetable Fibers were:
India $200M
Brazil $46.3M
In 2023, Sri Lanka's main importing competitors in Coconut and Other Vegetable Fibers were:

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Trade Value of Coconut and Other Vegetable Fibers by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALChina+ $2.95M
TOP IMPORT POTENTIALIndia+ $825

Coconut and Other Vegetable Fibers’s highest export potential is China. With an export gap of $2.95M.   Coconut and Other Vegetable Fibers’s highest import potential is India with an import gap of $825.

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