2022
Exports
$7.67MWorld Rnk 57 / 176
Flag Rnk 168 / 1074
2022
PRODUCT COMPLEXITY IN Rice
-1.95Rnk 998 / 1025
2022
Imports
$264MWorld Rnk 40 / 221
Flag Rnk 8 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $7.67M in Rice, making it the 57th largest exporter of Rice in the world. At the same year, Rice was the 168th most exported product in Sri Lanka. The main destination of Rice exports from Sri Lanka are: Mauritius ($994k), United Arab Emirates ($937k), Canada ($884k), Australia ($803k), and United Kingdom ($539k).

The fastest growing export markets for Rice of Sri Lanka between 2021 and 2022 were Mauritius ($994k), United Arab Emirates ($257k), and Netherlands ($103k).

Imports In 2022, Sri Lanka imported $264M in Rice, becoming the 40th largest importer of Rice in the world. At the same year, Rice was the 8th most imported product in Sri Lanka. Sri Lanka imports Rice primarily from: India ($243M), China ($11.4M), Pakistan ($5.74M), Burma ($2.02M), and United States ($716k).

The fastest growing import markets in Rice for Sri Lanka between 2021 and 2022 were India ($165M), China ($11.3M), and Burma ($843k).

Latest Trends

Jul 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 Rice. 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)$7.67M
IMPORTS (2022)$264M
NET TRADE (2022)-$256M

In 2022, Sri Lanka exported $7.67M in Rice. The main destinations of Sri Lanka exports on Rice were Mauritius ($994k), United Arab Emirates ($937k), Canada ($884k), Australia ($803k), and United Kingdom ($539k).

In 2022, Sri Lanka imported $264M in Rice, mainly from India ($243M), China ($11.4M), Pakistan ($5.74M), Burma ($2.02M), and United States ($716k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Rice EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Mauritius$994k (24.8M%)
Netherlands$103k (31.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Rice BY Sri Lanka WERE (2021 - 2022):
Germany-$263k (-45.6%)
Norway-$153k (-70.6%)
Maldives-$126k (-35.8%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Rice were:
India $11.1B
Vietnam $3.18B
In 2022, Sri Lanka's main importing competitors in Rice were:

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Trade Value of Rice by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $631k
TOP IMPORT POTENTIALPakistan+ $5.78M

Rice’s highest export potential is United States. With an export gap of $631k.   Rice’s highest import potential is Pakistan with an import gap of $5.78M.

See methodology.

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