2022
Exports
$131kWorld Rnk 100 / 152
Flag Rnk 616 / 1074
2022
PRODUCT COMPLEXITY IN Fermented Milk Products
-0.22Rnk 622 / 1025
2022
Imports
$15.6kWorld Rnk 209 / 219
Flag Rnk 1088 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $131k in Fermented Milk Products, making it the 100th largest exporter of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 616th most exported product in Sri Lanka. The main destination of Fermented Milk Products exports from Sri Lanka are: Maldives ($122k), United Arab Emirates ($7.16k), United Kingdom ($1.09k), Hong Kong ($357), and Slovenia ($302).

The fastest growing export markets for Fermented Milk Products of Sri Lanka between 2021 and 2022 were Maldives ($15.2k), United Kingdom ($1.09k), and Slovenia ($302).

Imports In 2022, Sri Lanka imported $15.6k in Fermented Milk Products, becoming the 209th largest importer of Fermented Milk Products in the world. At the same year, Fermented Milk Products was the 1088th most imported product in Sri Lanka. Sri Lanka imports Fermented Milk Products primarily from: Belize ($13.5k), United Kingdom ($1.16k), China ($551), United Arab Emirates ($191), and Malaysia ($132).

The fastest growing import markets in Fermented Milk Products for Sri Lanka between 2021 and 2022 were Belize ($13.5k), United Kingdom ($1.14k), and China ($402).

COMPANIES In 2023, leading companies such as Gap (3), Banana Republic (3), and Athleta (3) were at the forefront of shipping Fermented Milk Products from Sri Lanka to the United States.

Latest Trends

Jul 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 Fermented Milk Products. 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)$131k
IMPORTS (2022)$15.6k
NET TRADE (2022)$115k

In 2022, Sri Lanka exported $131k in Fermented Milk Products. The main destinations of Sri Lanka exports on Fermented Milk Products were Maldives ($122k), United Arab Emirates ($7.16k), United Kingdom ($1.09k), Hong Kong ($357), and Slovenia ($302).

In 2022, Sri Lanka imported $15.6k in Fermented Milk Products, mainly from Belize ($13.5k), United Kingdom ($1.16k), China ($551), United Arab Emirates ($191), and Malaysia ($132).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fermented Milk Products EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Maldives$15.2k (14.2%)
United Kingdom$1.09k (1%)
Slovenia$302 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fermented Milk Products BY Sri Lanka WERE (2021 - 2022):
Kuwait-$478k (-100%)
Bolivia-$10.5k (-100%)
Singapore-$7.94k (-96.9%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Fermented Milk Products were:
In 2022, Sri Lanka's main importing competitors in Fermented Milk Products were:

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Trade Value of Fermented Milk Products by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited Arab Emirates+ $2.37k
TOP IMPORT POTENTIALUnited Kingdom+ $892

Fermented Milk Products’s highest export potential is United Arab Emirates. With an export gap of $2.37k.   Fermented Milk Products’s highest import potential is United Kingdom with an import gap of $892.

See methodology.

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