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Exports In 2022, Sri Lanka exported $132M in Petroleum oils, oils from bituminous minerals, crude, making it the 68th largest exporter of Petroleum oils, oils from bituminous minerals, crude in the world. At the same year, Petroleum oils, oils from bituminous minerals, crude was the 26th most exported product in Sri Lanka. The main destination of Petroleum oils, oils from bituminous minerals, crude exports from Sri Lanka are: India ($132M) and Singapore ($1).

The fastest growing export markets for Petroleum oils, oils from bituminous minerals, crude of Sri Lanka between 2021 and 2022 were India ($132M) and Singapore ($1).

Imports In 2022, Sri Lanka imported $337M in Petroleum oils, oils from bituminous minerals, crude, becoming the 65th largest importer of Petroleum oils, oils from bituminous minerals, crude in the world. At the same year, Petroleum oils, oils from bituminous minerals, crude was the 4th most imported product in Sri Lanka. Sri Lanka imports Petroleum oils, oils from bituminous minerals, crude primarily from: Russia ($236M), United Arab Emirates ($102M), Estonia ($366), Japan ($338), and India ($73).

The fastest growing import markets in Petroleum oils, oils from bituminous minerals, crude for Sri Lanka between 2021 and 2022 were Russia ($236M), Estonia ($366), and Japan ($338).

COMPANIES In 2023, leading companies such as Kontoor Brands (1.31k), Gap (1.11k), and Guess Clothing (857) were at the forefront of shipping Petroleum oils, oils from bituminous minerals, crude from Sri Lanka to the United States.

Historical Data

Trade Balance

Color
EXPORTS (2022)$132M
IMPORTS (2022)$337M
NET TRADE (2022)-$205M

In 2022, Sri Lanka exported $132M in Petroleum oils, oils from bituminous minerals, crude. The main destinations of Sri Lanka exports on Petroleum oils, oils from bituminous minerals, crude were India ($132M) and Singapore ($1).

In 2022, Sri Lanka imported $337M in Petroleum oils, oils from bituminous minerals, crude, mainly from Russia ($236M), United Arab Emirates ($102M), Estonia ($366), Japan ($338), and India ($73).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Petroleum oils, oils from bituminous minerals, crude EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
India$132M (1%)
Singapore$1 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Petroleum oils, oils from bituminous minerals, crude BY Sri Lanka WERE (2021 - 2022):United Arab Emirates-$5.28k (-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 oils, oils from bituminous minerals, crude were:
In 2022, Sri Lanka's main importing competitors in Petroleum oils, oils from bituminous minerals, crude were:

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Trade Value of Petroleum oils, oils from bituminous minerals, crude by Exporters

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