2022
Exports
$138kWorld Rnk 98 / 151
Flag Rnk 611 / 1074
2022
PRODUCT COMPLEXITY IN Milk
-0.0031Rnk 548 / 1025
2022
Imports
$708kWorld Rnk 176 / 221
Flag Rnk 739 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $138k in Milk, making it the 98th largest exporter of Milk in the world. At the same year, Milk was the 611th most exported product in Sri Lanka. The main destination of Milk exports from Sri Lanka are: Maldives ($65.9k), Mauritius ($65.7k), Singapore ($3.27k), Germany ($1.13k), and New Zealand ($751).

The fastest growing export markets for Milk of Sri Lanka between 2021 and 2022 were Maldives ($14k), Germany ($1.08k), and United States ($570).

Imports In 2022, Sri Lanka imported $708k in Milk, becoming the 176th largest importer of Milk in the world. At the same year, Milk was the 739th most imported product in Sri Lanka. Sri Lanka imports Milk primarily from: Netherlands ($415k), United Kingdom ($92.1k), Ireland ($76.6k), New Zealand ($66.1k), and Brazil ($21.2k).

The fastest growing import markets in Milk for Sri Lanka between 2021 and 2022 were Netherlands ($414k), Ireland ($68.2k), and United Kingdom ($64.2k).

COMPANIES In 2023, leading companies such as Gap (2) and Banana Republic (1) were at the forefront of shipping 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 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)$138k
IMPORTS (2022)$708k
NET TRADE (2022)-$569k

In 2022, Sri Lanka exported $138k in Milk. The main destinations of Sri Lanka exports on Milk were Maldives ($65.9k), Mauritius ($65.7k), Singapore ($3.27k), Germany ($1.13k), and New Zealand ($751).

In 2022, Sri Lanka imported $708k in Milk, mainly from Netherlands ($415k), United Kingdom ($92.1k), Ireland ($76.6k), New Zealand ($66.1k), and Brazil ($21.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Milk EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Maldives$14k (26.9%)
Germany$1.08k (1.82k%)
United States$570 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Milk BY Sri Lanka WERE (2021 - 2022):
Mauritius-$47.1k (-41.8%)
Kuwait-$19.2k (-100%)
United Arab Emirates-$13.4k (-98.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Milk were:
In 2022, Sri Lanka's main importing competitors in Milk were:
Germany $2.03B
China $1.46B

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Trade Value of Milk by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $4.19k
TOP IMPORT POTENTIALNetherlands+ $110k

Milk’s highest export potential is Germany. With an export gap of $4.19k.   Milk’s highest import potential is Netherlands with an import gap of $110k.

See methodology.

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