2023
Exports
$4.21MWorld Rnk 109 / 175
Flag Rnk 76 / 96
2023
PRODUCT COMPLEXITY IN Fertilizers
-0.92Rnk 808 / 1025
2023
Imports
$236MWorld Rnk 68 / 221
Flag Rnk 21 / 96
2023
ECONOMIC COMPLEXITY of Sri Lanka
-0.44Rnk 85 / 132

About

Exports In 2023, Sri Lanka exported $4.21M in Fertilizers, making it the 109th largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 76th most exported product in Sri Lanka. The main destination of Fertilizers exports from Sri Lanka are: Italy ($2.53M), Maldives ($595k), South Korea ($283k), India ($257k), and Malaysia ($239k).

The fastest growing export markets for Fertilizers of Sri Lanka between 2022 and 2023 were India ($257k), Malaysia ($239k), and South Korea ($137k).

Imports In 2023, Sri Lanka imported $236M in Fertilizers, becoming the 68th largest importer of Fertilizers in the world. At the same year, Fertilizers was the 21st most imported product in Sri Lanka. Sri Lanka imports Fertilizers primarily from: China ($72.9M), Egypt ($34.3M), Vietnam ($26.2M), United Arab Emirates ($25.5M), and Uzbekistan ($18.1M).

The fastest growing import markets in Fertilizers for Sri Lanka between 2022 and 2023 were Egypt ($30.1M), China ($23.2M), and Uzbekistan ($18M).

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 Fertilizers. 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)$4.21M
IMPORTS (2023)$236M
NET TRADE (2023)-$231M

In 2023, Sri Lanka exported $4.21M in Fertilizers. The main destinations of Sri Lanka exports on Fertilizers were Italy ($2.53M), Maldives ($595k), South Korea ($283k), India ($257k), and Malaysia ($239k).

In 2023, Sri Lanka imported $236M in Fertilizers, mainly from China ($72.9M), Egypt ($34.3M), Vietnam ($26.2M), United Arab Emirates ($25.5M), and Uzbekistan ($18.1M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Sri Lanka WERE (2022 - 2023):
India$257k (1%)
Malaysia$239k (1%)
South Korea$137k (94.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Sri Lanka WERE (2022 - 2023):
Italy-$1.52M (-37.6%)
Chile-$132k (-97.4%)
Poland-$104k (-98.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Sri Lanka's main exporting competitors in Fertilizers were:
Russia $15.3B
China $10.9B
Canada $10.4B
In 2023, Sri Lanka's main importing competitors in Fertilizers were:

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Trade Value of Fertilizers by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALPoland+ $62.7k
TOP IMPORT POTENTIALChina+ $8.29M

Fertilizers’s highest export potential is Poland. With an export gap of $62.7k.   Fertilizers’s highest import potential is China with an import gap of $8.29M.

See methodology.

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