2022
Exports
$34.5MWorld Rnk 47 / 175
Flag Rnk 71 / 1074
2022
PRODUCT COMPLEXITY IN Processed Crustaceans
-1.65Rnk 967 / 1025
2022
Imports
$1.68MWorld Rnk 98 / 224
Flag Rnk 581 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $34.5M in Processed Crustaceans, making it the 47th largest exporter of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 71st most exported product in Sri Lanka. The main destination of Processed Crustaceans exports from Sri Lanka are: Hong Kong ($10.4M), United States ($9.79M), Singapore ($3.62M), United Arab Emirates ($2.44M), and United Kingdom ($1.66M).

The fastest growing export markets for Processed Crustaceans of Sri Lanka between 2021 and 2022 were Hong Kong ($2.82M), United Arab Emirates ($1.75M), and Macau ($1.37M).

Imports In 2022, Sri Lanka imported $1.68M in Processed Crustaceans, becoming the 98th largest importer of Processed Crustaceans in the world. At the same year, Processed Crustaceans was the 581st most imported product in Sri Lanka. Sri Lanka imports Processed Crustaceans primarily from: India ($741k), China ($246k), Thailand ($227k), United Arab Emirates ($223k), and United States ($220k).

The fastest growing import markets in Processed Crustaceans for Sri Lanka between 2021 and 2022 were United Arab Emirates ($223k), India ($123k), and Thailand ($107k).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (2) and Chicken of the Sea (1) were at the forefront of shipping Processed Crustaceans from Sri Lanka to the United States.

Latest Trends

Oct 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 Processed Crustaceans. 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)$34.5M
IMPORTS (2022)$1.68M
NET TRADE (2022)$32.8M

In 2022, Sri Lanka exported $34.5M in Processed Crustaceans. The main destinations of Sri Lanka exports on Processed Crustaceans were Hong Kong ($10.4M), United States ($9.79M), Singapore ($3.62M), United Arab Emirates ($2.44M), and United Kingdom ($1.66M).

In 2022, Sri Lanka imported $1.68M in Processed Crustaceans, mainly from India ($741k), China ($246k), Thailand ($227k), United Arab Emirates ($223k), and United States ($220k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Crustaceans EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Hong Kong$2.82M (37.1%)
Macau$1.37M (3.27k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Crustaceans BY Sri Lanka WERE (2021 - 2022):
United States-$7.66M (-43.9%)
Indonesia-$2.4M (-100%)
Malaysia-$1.49M (-75.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Processed Crustaceans were:
China $4.44B
Vietnam $2.42B
In 2022, Sri Lanka's main importing competitors in Processed Crustaceans were:

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Trade Value of Processed Crustaceans by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.9M
TOP IMPORT POTENTIALChina+ $429k

Processed Crustaceans’s highest export potential is United States. With an export gap of $3.9M.   Processed Crustaceans’s highest import potential is China with an import gap of $429k.

See methodology.

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