2023
Exports
$731kWorld Rnk 119 / 163
Flag Rnk 427 / 1073
2023
PRODUCT COMPLEXITY IN Petroleum Gas
-2.01Rnk 998 / 1025
2023
Imports
$290MWorld Rnk 73 / 220
Flag Rnk 7 / 1170
2023
ECONOMIC COMPLEXITY of Sri Lanka
-0.44Rnk 85 / 132

About

Exports In 2023, Sri Lanka exported $731k in Petroleum Gas, making it the 119th largest exporter of Petroleum Gas in the world. At the same year, Petroleum Gas was the 427th most exported product in Sri Lanka. The main destination of Petroleum Gas exports from Sri Lanka are: Maldives ($731k) and Seychelles ($74).

The fastest growing export markets for Petroleum Gas of Sri Lanka between 2022 and 2023 were Maldives ($731k) and Seychelles ($74).

Imports In 2023, Sri Lanka imported $290M in Petroleum Gas, becoming the 73rd largest importer of Petroleum Gas in the world. At the same year, Petroleum Gas was the 7th most imported product in Sri Lanka. Sri Lanka imports Petroleum Gas primarily from: Iraq ($94.5M), Oman ($61.7M), Kuwait ($36.5M), Saudi Arabia ($29.4M), and Malaysia ($25.8M).

The fastest growing import markets in Petroleum Gas for Sri Lanka between 2022 and 2023 were Iraq ($68.5M), Kuwait ($36.5M), and Qatar ($21.6M).

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 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 (2023)$731k
IMPORTS (2023)$290M
NET TRADE (2023)-$289M

In 2023, Sri Lanka exported $731k in Petroleum Gas. The main destinations of Sri Lanka exports on Petroleum Gas were Maldives ($731k) and Seychelles ($74).

In 2023, Sri Lanka imported $290M in Petroleum Gas, mainly from Iraq ($94.5M), Oman ($61.7M), Kuwait ($36.5M), Saudi Arabia ($29.4M), and Malaysia ($25.8M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Petroleum Gas EXPORT MARKETS FOR Sri Lanka WERE (2022 - 2023):
Maldives$731k (3.32M%)
Seychelles$74 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum Gas BY Sri Lanka WERE (2022 - 2023):
India-$23.3M (-100%)
Bangladesh-$19.5M (-100%)
Oman-$19k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Sri Lanka's main exporting competitors in Petroleum Gas were:
In 2023, Sri Lanka's main importing competitors in Petroleum Gas were:
China $83.7B
Japan $52.5B
France $45.4B

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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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