2022
Exports
$7.4MWorld Rnk 73 / 166
Flag Rnk 172 / 1074
2022
PRODUCT COMPLEXITY IN Concentrated Milk
-0.77Rnk 774 / 1025
2022
Imports
$188MWorld Rnk 35 / 224
Flag Rnk 17 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $7.4M in Concentrated Milk, making it the 73rd largest exporter of Concentrated Milk in the world. At the same year, Concentrated Milk was the 172nd most exported product in Sri Lanka. The main destination of Concentrated Milk exports from Sri Lanka are: Singapore ($2.87M), Maldives ($2.28M), Mauritius ($1.42M), United States ($301k), and Canada ($112k).

The fastest growing export markets for Concentrated Milk of Sri Lanka between 2021 and 2022 were Singapore ($2.86M), Maldives ($543k), and Mauritius ($532k).

Imports In 2022, Sri Lanka imported $188M in Concentrated Milk, becoming the 35th largest importer of Concentrated Milk in the world. At the same year, Concentrated Milk was the 17th most imported product in Sri Lanka. Sri Lanka imports Concentrated Milk primarily from: New Zealand ($144M), Netherlands ($18.4M), United States ($8.01M), Australia ($6.28M), and India ($4.04M).

The fastest growing import markets in Concentrated Milk for Sri Lanka between 2021 and 2022 were Netherlands ($7.43M), India ($4.04M), and Denmark ($2.46M).

COMPANIES In 2023, leading companies such as Athleta (2) were at the forefront of shipping Concentrated Milk from Sri Lanka to the United States.

Latest Trends

Sep 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 Concentrated Milk. 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)$7.4M
IMPORTS (2022)$188M
NET TRADE (2022)-$181M

In 2022, Sri Lanka exported $7.4M in Concentrated Milk. The main destinations of Sri Lanka exports on Concentrated Milk were Singapore ($2.87M), Maldives ($2.28M), Mauritius ($1.42M), United States ($301k), and Canada ($112k).

In 2022, Sri Lanka imported $188M in Concentrated Milk, mainly from New Zealand ($144M), Netherlands ($18.4M), United States ($8.01M), Australia ($6.28M), and India ($4.04M).

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Export Destinations (NaN)

Import Origins (NaN)

Market Growth

Flow
THE FASTEST GROWING Concentrated Milk EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Singapore$2.86M (23.8k%)
Maldives$543k (31.3%)
Mauritius$532k (60%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Concentrated Milk BY Sri Lanka WERE (2021 - 2022):
Canada-$393k (-77.8%)
United States-$289k (-49%)
New Zealand-$126k (-92.8%)

Change in Exports by Market (undefined - undefined)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Concentrated Milk were:
In 2022, Sri Lanka's main importing competitors in Concentrated Milk were:
China $3.96B
Algeria $1.62B
Mexico $1.37B

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Trade Value of Concentrated Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $140k
TOP IMPORT POTENTIALUnited States+ $4.2M

Concentrated Milk’s highest export potential is United States. With an export gap of $140k.   Concentrated Milk’s highest import potential is United States with an import gap of $4.2M.

See methodology.

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