2022
Exports
$18.3MWorld Rnk 37 / 153
Flag Rnk 109 / 1074
2022
PRODUCT COMPLEXITY IN Other Vegetable Oils
-1.26Rnk 899 / 1025
2022
Imports
$8MWorld Rnk 92 / 214
Flag Rnk 282 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $18.3M in Other Vegetable Oils, making it the 37th largest exporter of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 109th most exported product in Sri Lanka. The main destination of Other Vegetable Oils exports from Sri Lanka are: India ($13.3M), Canada ($3.12M), Netherlands ($1.22M), Germany ($130k), and Switzerland ($108k).

The fastest growing export markets for Other Vegetable Oils of Sri Lanka between 2021 and 2022 were Canada ($3.05M), Netherlands ($1.22M), and United Kingdom ($80k).

Imports In 2022, Sri Lanka imported $8M in Other Vegetable Oils, becoming the 92nd largest importer of Other Vegetable Oils in the world. At the same year, Other Vegetable Oils was the 282nd most imported product in Sri Lanka. Sri Lanka imports Other Vegetable Oils primarily from: Malaysia ($5.78M), Indonesia ($1.1M), Philippines ($592k), United States ($233k), and Singapore ($138k).

The fastest growing import markets in Other Vegetable Oils for Sri Lanka between 2021 and 2022 were Philippines ($592k), United States ($233k), and Indonesia ($149k).

Latest Trends

Nov 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 Other Vegetable Oils. 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)$18.3M
IMPORTS (2022)$8M
NET TRADE (2022)$10.3M

In 2022, Sri Lanka exported $18.3M in Other Vegetable Oils. The main destinations of Sri Lanka exports on Other Vegetable Oils were India ($13.3M), Canada ($3.12M), Netherlands ($1.22M), Germany ($130k), and Switzerland ($108k).

In 2022, Sri Lanka imported $8M in Other Vegetable Oils, mainly from Malaysia ($5.78M), Indonesia ($1.1M), Philippines ($592k), United States ($233k), and Singapore ($138k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Other Vegetable Oils EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Canada$3.05M (4.13k%)
Netherlands$1.22M (1%)
United Kingdom$80k (665%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Other Vegetable Oils BY Sri Lanka WERE (2021 - 2022):
India-$31.6M (-70.4%)
Germany-$252k (-66.1%)
Japan-$51.9k (-64.6%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Other Vegetable Oils were:
In 2022, Sri Lanka's main importing competitors in Other Vegetable Oils were:

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Trade Value of Other Vegetable Oils by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALNetherlands+ $666k
TOP IMPORT POTENTIALIndonesia+ $998k

Other Vegetable Oils’s highest export potential is Netherlands. With an export gap of $666k.   Other Vegetable Oils’s highest import potential is Indonesia with an import gap of $998k.

See methodology.

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