2022
Exports
$14.1MWorld Rnk 47 / 133
Flag Rnk 125 / 1074
2022
PRODUCT COMPLEXITY IN Wheat
-0.42Rnk 677 / 1025
2022
Imports
$190MWorld Rnk 70 / 194
Flag Rnk 16 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $14.1M in Wheat, making it the 47th largest exporter of Wheat in the world. At the same year, Wheat was the 125th most exported product in Sri Lanka. The main destination of Wheat exports from Sri Lanka are: Angola ($8.25M), Singapore ($5.82M), Cyprus ($580), and Maldives ($238).

The fastest growing export markets for Wheat of Sri Lanka between 2021 and 2022 were Angola ($8.25M), Singapore ($2.53M), and Cyprus ($173).

Imports In 2022, Sri Lanka imported $190M in Wheat, becoming the 70th largest importer of Wheat in the world. At the same year, Wheat was the 16th most imported product in Sri Lanka. Sri Lanka imports Wheat primarily from: India ($101M), Romania ($33.5M), United Arab Emirates ($25.4M), Australia ($18.2M), and Canada ($11.4M).

The fastest growing import markets in Wheat for Sri Lanka between 2021 and 2022 were United Arab Emirates ($21.9M), Italy ($105k), and Hungary ($97k).

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 Wheat. 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)$14.1M
IMPORTS (2022)$190M
NET TRADE (2022)-$176M

In 2022, Sri Lanka exported $14.1M in Wheat. The main destinations of Sri Lanka exports on Wheat were Angola ($8.25M), Singapore ($5.82M), Cyprus ($580), and Maldives ($238).

In 2022, Sri Lanka imported $190M in Wheat, mainly from India ($101M), Romania ($33.5M), United Arab Emirates ($25.4M), Australia ($18.2M), and Canada ($11.4M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Wheat EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Angola$8.25M (1%)
Singapore$2.53M (77.1%)
Cyprus$173 (42.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wheat BY Sri Lanka WERE (2021 - 2022):
Maldives-$8.32k (-97.2%)
United Arab Emirates-$6.67k (-100%)
France-$51 (-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 Wheat were:
In 2022, Sri Lanka's main importing competitors in Wheat were:
Egypt $4.82B
China $4.52B

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Trade Value of Wheat by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $5.91k
TOP IMPORT POTENTIALAustralia+ $6.75M

Wheat’s highest export potential is Singapore. With an export gap of $5.91k.   Wheat’s highest import potential is Australia with an import gap of $6.75M.

See methodology.

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