2022
Exports
$83.6MWorld Rnk 12 / 154
Flag Rnk 36 / 1074
2022
PRODUCT COMPLEXITY IN Coconut Oil
-1.71Rnk 972 / 1025
2022
Imports
$23.6MWorld Rnk 36 / 212
Flag Rnk 146 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $83.6M in Coconut Oil, making it the 12th largest exporter of Coconut Oil in the world. At the same year, Coconut Oil was the 36th most exported product in Sri Lanka. The main destination of Coconut Oil exports from Sri Lanka are: United States ($26.1M), Germany ($13M), Canada ($3.95M), Netherlands ($3.88M), and Slovenia ($3.74M).

The fastest growing export markets for Coconut Oil of Sri Lanka between 2021 and 2022 were United States ($6.23M), Slovenia ($1.4M), and Croatia ($1.01M).

Imports In 2018, Sri Lanka imported $23.6M in Coconut Oil, becoming the 36th largest importer of Coconut Oil in the world. At the same year, Coconut Oil was the 146th most imported product in Sri Lanka. Sri Lanka imports Coconut Oil primarily from: Malaysia ($8.84M), India ($6.06M), Indonesia ($4.69M), Papua New Guinea ($2.2M), and Singapore ($746k).

The fastest growing import markets in Coconut Oil for Sri Lanka between 2021 and 2022 were India ($5.68M), Singapore ($584k), and Canada ($132k).

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 Coconut Oil. 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)$83.6M
IMPORTS (2022)$23.6M
NET TRADE (2022)$60M

In 2022, Sri Lanka exported $83.6M in Coconut Oil. The main destinations of Sri Lanka exports on Coconut Oil were United States ($26.1M), Germany ($13M), Canada ($3.95M), Netherlands ($3.88M), and Slovenia ($3.74M).

In 2022, Sri Lanka imported $23.6M in Coconut Oil, mainly from Malaysia ($8.84M), India ($6.06M), Indonesia ($4.69M), Papua New Guinea ($2.2M), and Singapore ($746k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Coconut Oil EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
United States$6.23M (31.4%)
Slovenia$1.4M (59.7%)
Croatia$1.01M (1.1k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Coconut Oil BY Sri Lanka WERE (2021 - 2022):
Australia-$3M (-46.9%)
United Kingdom-$1.97M (-38.4%)
Malaysia-$1.71M (-89.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Coconut Oil by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $2.94M
TOP IMPORT POTENTIALIndonesia+ $2.54M

Coconut Oil’s highest export potential is United States. With an export gap of $2.94M.   Coconut Oil’s highest import potential is Indonesia with an import gap of $2.54M.

See methodology.

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