The country with its maritime borders to the Indian Ocean occupying a land area of 65,610 square kilometers is heavily reliant on the exports from some of the top industries like agriculture, textiles, apparel manufacturing, and tea production industry. The rich and complex history of the nation dating back to 300 years ago is mainly shaped by the ruling kingdoms of the ancient era like the Anuradhapura Kingdom, Polonnaruwa Kingdom, Portuguese rulers, and Dutch Conquistadors.

The export trade rate of the industry has acknowledged different upward trends in the past few years due to some of the attributing factors like diversifying export base, high valuation of growing industries, Trade agreements with top traders, and Government policy reforms which all have recorded a GDP value of 110 billion US dollars in 2023.

Top 10 Exports of the Nation in 2023

According to the Sri Lanka Export Data, the top 10 exports or massive production units of the nation in 2023 are discussed below,

• Tea – Export trade value of Tea from Sri Lanka in 2023 – 2.5 billion US dollars.

• Textiles and apparel – Export trade value of Textiles and apparel from Sri Lanka in 2023 – 2 billion US dollars.

• Rubber products – Export trade value of Rubber products from Sri Lanka in 2023 – 1.5 billion US dollars.

• Gems and Jewellery – Export trade value of Gems and Jewellery from Sri Lanka in 2023 – 1 billion US dollars.

• Fishery Products – Export trade value of Fishery Products from Sri Lanka in 2023 – 870 million US dollars.

• Coconut-based products – Export trade value of Coconut based products from Sri Lanka in 2023 – 800 million US dollars.

• Jute Manufacturing – Export trade value of Jute Manufacturing from Sri Lanka in 2023 – 720 million US dollars.

• Electrical Equipment – Export trade value of Electrical Equipments from Sri Lanka in 2023 – 680 million US dollars.

• Spices – Export trade value of Spices from Sri Lanka in 2023 – 540 million US dollars.

• Information Technology Services – Export trade value of Information Technology Services from Sri Lanka in 2023 – 500 million US dollars.

Top 10 Export Trade Partners of Sri Lanka in 2023

Sri Lanka trades its top productions with some top trade destinations worldwide for a significant increase in its globally ranking export trade growth. As per the Sri Lanka Export Data, the top 10 export destinations of Sri Lanka in 2023 are discussed below,

• United States – According to the USA Import Data, the value of exports from Sri Lanka to the United States in 2023 – 3 billion US dollars.

Top Exports of Sri Lanka to the United States

1. Apparel and Textiles
2. Rubber and Rubber Products
3. Ceylon Tea
4. Coconut Products
5. Gems and Jewelry

• United Kingdom – According to the United Kingdom Import Data, the value of exports from Sri Lanka to the United Kingdom in 2023 – 2.5 billion US dollars.

Top Exports of Sri Lanka to the United Kingdom

1. Tea
2. Rubber products
3. Textiles
4. Spices
5. Fishery goods

• India – According to the India Import Data, the value of exports from Sri Lanka to India in 2023 – 2 billion US dollars.

Top Exports of Sri Lanka to India

1. Spices
2. Electrical equipments
3. Beverages
4. Tea
5. Rubber products

• Germany – According to the Germany Import Data, the value of exports from Sri Lanka to Germany in 2023 – 1.7 billion US dollars.

Top Exports of Sri Lanka to Germany

1. Electrical equipments
2. Tea
3. Staple food products
4. Vehicles
5. Textiles

• Italy – According to the Italy Import Data, the value of exports from Sri Lanka to Italy in 2023 – 1 billion US dollars.

Top Exports of Sri Lanka to Italy

1. Gems
2. Coconut products
3. Rubber products
4. Textiles
5. Automotive parts

• Japan – According to the Japan Import Data, the value of exports from Sri Lanka to Japan in 2023 – 900 million US dollars.

Top Exports of Sri Lanka to Japan

1. Electronics
2. IT Sector goods
3. Transport Commodities
4. Spices
5. Staple food products

• Canada – According to the Canada Import Data, the value of exports from Sri Lanka to Canada in 2023 – 870 million US dollars.

Top Exports of Sri Lanka to Canada

1. Spices
2. Vehicles
3. Electronics
4. Textiles
5. Luxurious goods

• Belgium – According to the Belgium Import Data, the value of exports from Sri Lanka to Belgium in 2023 – 670 million US dollars.

Top Exports of Sri Lanka to Belgium

1. Fishery products
2. Vehicles
3. Spices
4. Rubber goods
5. Apparel and Textiles

• Netherlands – According to the Netherlands Import Data, the value of exports from Sri Lanka to the Netherlands in 2023 – 500 million US dollars.

Top Exports of Sri Lanka to Netherlands

1. Automotive parts
2. Tea
3. Rubber goods
4. Spices
5. Fishery products

• France – According to the France Import Data, the value of exports from Sri Lanka to France in 2023 – 480 million US dollars.

Top Exports of Sri Lanka to France

1. Rubber goods
2. Machinery
3. Textiles
4. IT Sector goods
5. Furniture

Export Trade Statistics of Sri Lanka for the Last 10 Years

Export trade value of Sri Lanka in 2013 - 11.4 billion US dollars
Export trade value of Sri Lanka in 2014 - 11.7 billion US dollars
Export trade value of Sri Lanka in 2015 – 12.6 billion US dollars
Export trade value of Sri Lanka in 2016 – 12.23 billion US dollars
Export trade value of Sri Lanka in 2017 – 13.5 billion US dollars
Export trade value of Sri Lanka in 2018 – 12.89 billion US dollars
Export trade value of Sri Lanka in 2019 – 14.01 billion US dollars
Export trade value of Sri Lanka in 2020 – 14.23 billion US dollars
Export trade value of Sri Lanka in 2021 – 16.08 billion US dollars
Export trade value of Sri Lanka in 2022 – 16.54 billion US dollars

FAQ’s

Que. Who is the top export partner of Sri Lanka in 2023?
Ans. The United States is the top export partner of Sri Lanka in 2023.

Que. What is the top export of Sri Lanka in 2023?
Ans. Tea is the top export of Sri Lanka in 2023.

Que. Where can you get a detailed trade analysis of Sri Lankan exports in 2023?
Ans. At Import Globals, you can get a detailed trade analysis Of Sri Lankan exports in 2023.

www.importglobals.com ; info@importglobals.com