2022
Exports
$4.63MWorld Rnk 109 / 175
Flag Rnk 72 / 96
2022
PRODUCT COMPLEXITY IN Fertilizers
-0.82Rnk 785 / 1025
2022
Imports
$270MWorld Rnk 71 / 223
Flag Rnk 20 / 96
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $4.63M in Fertilizers, making it the 109th largest exporter of Fertilizers in the world. At the same year, Fertilizers was the 72nd most exported product in Sri Lanka. The main destination of Fertilizers exports from Sri Lanka are: Italy ($3.62M), Maldives ($583k), South Korea ($145k), Chile ($119k), and Poland ($93.6k).

The fastest growing export markets for Fertilizers of Sri Lanka between 2021 and 2022 were Chile ($119k), Poland ($93.6k), and Lebanon ($20.2k).

Imports In 2022, Sri Lanka imported $270M in Fertilizers, becoming the 71st largest importer of Fertilizers in the world. At the same year, Fertilizers was the 20th most imported product in Sri Lanka. Sri Lanka imports Fertilizers primarily from: Oman ($48.2M), China ($46.6M), Malaysia ($45.3M), Indonesia ($40.7M), and Canada ($38.6M).

The fastest growing import markets in Fertilizers for Sri Lanka between 2021 and 2022 were Malaysia ($44.9M), Canada ($38.6M), and Oman ($36.6M).

COMPANIES In 2023, leading companies such as Chicken of the Sea (4) were at the forefront of shipping Fertilizers from Sri Lanka to the United States.

Latest Trends

Aug 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 (2022)$4.63M
IMPORTS (2022)$270M
NET TRADE (2022)-$265M

In 2022, Sri Lanka exported $4.63M in Fertilizers. The main destinations of Sri Lanka exports on Fertilizers were Italy ($3.62M), Maldives ($583k), South Korea ($145k), Chile ($119k), and Poland ($93.6k).

In 2022, Sri Lanka imported $270M in Fertilizers, mainly from Oman ($48.2M), China ($46.6M), Malaysia ($45.3M), Indonesia ($40.7M), and Canada ($38.6M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Fertilizers EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Chile$119k (1%)
Poland$93.6k (1%)
Lebanon$20.2k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Fertilizers BY Sri Lanka WERE (2021 - 2022):
Italy-$809k (-18.3%)
Malaysia-$773k (-100%)
South Korea-$126k (-46.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Fertilizers were:
Russia $18.7B
Canada $14.5B
China $12.7B
In 2022, 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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