2022
Exports
$669kWorld Rnk 102 / 195
Flag Rnk 432 / 1074
2022
PRODUCT COMPLEXITY IN Confectionery Sugar
-0.72Rnk 763 / 1025
2022
Imports
$1.53MWorld Rnk 177 / 224
Flag Rnk 604 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $669k in Confectionery Sugar, making it the 102nd largest exporter of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 432nd most exported product in Sri Lanka. The main destination of Confectionery Sugar exports from Sri Lanka are: Bangladesh ($218k), Australia ($59k), United Arab Emirates ($58.7k), Switzerland ($49k), and Japan ($45.7k).

The fastest growing export markets for Confectionery Sugar of Sri Lanka between 2021 and 2022 were Bangladesh ($55.2k), Japan ($41.2k), and Israel ($26.5k).

Imports In 2022, Sri Lanka imported $1.53M in Confectionery Sugar, becoming the 177th largest importer of Confectionery Sugar in the world. At the same year, Confectionery Sugar was the 604th most imported product in Sri Lanka. Sri Lanka imports Confectionery Sugar primarily from: India ($555k), Turkey ($237k), China ($233k), Colombia ($180k), and Pakistan ($136k).

The fastest growing import markets in Confectionery Sugar for Sri Lanka between 2021 and 2022 were India ($198k), Turkey ($141k), and Colombia ($138k).

COMPANIES In 2023, leading companies such as PVH (Phillips-Van Heusen Corporation) (1) and Gap (1) were at the forefront of shipping Confectionery Sugar from Sri Lanka to the United States.

Latest Trends

Oct 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 Confectionery Sugar. 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)$669k
IMPORTS (2022)$1.53M
NET TRADE (2022)-$857k

In 2022, Sri Lanka exported $669k in Confectionery Sugar. The main destinations of Sri Lanka exports on Confectionery Sugar were Bangladesh ($218k), Australia ($59k), United Arab Emirates ($58.7k), Switzerland ($49k), and Japan ($45.7k).

In 2022, Sri Lanka imported $1.53M in Confectionery Sugar, mainly from India ($555k), Turkey ($237k), China ($233k), Colombia ($180k), and Pakistan ($136k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Confectionery Sugar EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Bangladesh$55.2k (33.9%)
Japan$41.2k (915%)
Israel$26.5k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Confectionery Sugar BY Sri Lanka WERE (2021 - 2022):
Egypt-$71.8k (-100%)
Oman-$43.4k (-49%)
Australia-$26.2k (-30.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Confectionery Sugar were:
Germany $1.76B
China $1.38B
Mexico $1.12B
In 2022, Sri Lanka's main importing competitors in Confectionery Sugar were:

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Trade Value of Confectionery Sugar by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $74.2k
TOP IMPORT POTENTIALChina+ $287k

Confectionery Sugar’s highest export potential is United States. With an export gap of $74.2k.   Confectionery Sugar’s highest import potential is China with an import gap of $287k.

See methodology.

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