Coconut Shell Exporters In Sri Lanka 2026 Market Overview & Trends

Sri Lanka's export performance showed a notable recovery in 2024, reaching a value of $6,878,020 with a quantity of 11,865,800 units. This follows a dip in 2023, though it remains below the 2022 peak of $7,982,640. The data indicates a volatile but recovering trend in the export volume and total value over the five-year period.

In 2024, China emerged as the leading importer of Sri Lankan exports, accounting for $2,526,920. India followed closely with $1,772,000, while the Netherlands represented the strongest European market at $1,203,470. These three nations dominate the trade landscape, significantly ahead of South Korea and Japan in total import value.

India stands out as the most dynamic emerging market with a remarkable growth rate of 2.59 and a 2024 value of $1,772,000. Russia and Turkey also show significant potential with growth rates of 1.0. Meanwhile, the UAE and Japan continue to provide steady growth opportunities at 0.51 and 0.37 respectively.

The primary sector activity is concentrated in HS Code 440200, specifically wood and bamboo charcoal. In 2024, this category generated a total export value of $6,878,010. The sector includes sub-classifications 440210, 440220, and 440290, which remain the core drivers of the country's charcoal-related export revenue.