2022
Exports
$42.8MWorld Rnk 84 / 160
Flag Rnk 58 / 1074
2022
PRODUCT COMPLEXITY IN Petroleum Gas
-1.98Rnk 1000 / 1025
2022
Imports
$225MWorld Rnk 80 / 222
Flag Rnk 11 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $42.8M in Petroleum Gas, making it the 84th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 58th most exported product in Sri Lanka. The main destination of Petroleum Gas exports from Sri Lanka are: India ($23.3M), Bangladesh ($19.5M), Oman ($17k), and Maldives ($29).

The fastest growing export markets for Petroleum Gas of Sri Lanka between 2021 and 2022 were India ($23.3M) and Oman ($17k).

Imports In 2022, Sri Lanka imported $225M in Petroleum Gas, becoming the 80th largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 11th most imported product in Sri Lanka. Sri Lanka imports Petroleum Gas primarily from: Oman ($71.9M), Saudi Arabia ($60M), Iraq ($23M), Algeria ($21.4M), and Malaysia ($18.9M).

The fastest growing import markets in Petroleum Gas for Sri Lanka between 2021 and 2022 were Oman ($38.6M), Malaysia ($16.2M), and Saudi Arabia ($3.99M).

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 Petroleum Gas. 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)$42.8M
IMPORTS (2022)$225M
NET TRADE (2022)-$182M

In 2022, Sri Lanka exported $42.8M in Petroleum Gas. The main destinations of Sri Lanka exports on Petroleum Gas were India ($23.3M), Bangladesh ($19.5M), Oman ($17k), and Maldives ($29).

In 2022, Sri Lanka imported $225M in Petroleum Gas, mainly from Oman ($71.9M), Saudi Arabia ($60M), Iraq ($23M), Algeria ($21.4M), and Malaysia ($18.9M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
India$23.3M (366k%)
Oman$17k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Sri Lanka WERE (2021 - 2022):
Bangladesh-$26.2M (-57.3%)
Maldives-$2.3M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Petroleum Gas were:
In 2022, Sri Lanka's main importing competitors in Petroleum Gas were:
China $72.7B
Italy $67.6B

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Trade Value of Petroleum Gas by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $19.4M
TOP IMPORT POTENTIALMalaysia+ $4.87M

Petroleum Gas’s highest export potential is India. With an export gap of $19.4M.   Petroleum Gas’s highest import potential is Malaysia with an import gap of $4.87M.

See methodology.

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