Sri Lanka Major Exports by Category and Value

Navigate Sri Lanka's export landscape with category-by-category analysis and key market insights

Tea, black; (fermented)

Main Exported Product

$12.1 b

Market Size

137.4 m Kg

Highest-Volume Exports

~3.13%

Market Growth Rate

Sri Lanka Export Market

AI Insight

Sri Lanka’s export economy shows a stable 3.13% growth trajectory, driven by high-value commodities and manufactured goods. Tea and Apparel (specifically sports bras) remain the cornerstone of trade, while specialized rubber products like solid tyres contribute significantly. The United States dominates as the top destination (38.52% share), but the Netherlands is emerging as a high-growth partner with an 11.88% increase. Investors should note the strong pricing power in specialized textiles and the diversifying European footprint, balancing traditional agricultural exports with industrial manufacturing.

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Top 10 Exported Products

AI Insight

Tea remains the dominant export category, with black and fermented tea leading at over $674 million. Apparel and rubber products also show strong performance, notably sports bras ($544M) and solid tyres ($451M). High-value manufacturing in textiles and specialized agricultural products define the top export profile for 2024.

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Leading Destination Countries

United States

38.52%

United Kingdom

12.35%

India

11.85%

Germany

8.37%

Italy

7.9%

Netherlands

5.2%

United Arab Emirates

4.56%

Canada

4.24%

France

3.52%

China

3.49%

AI Insight

The United States is the primary export destination, accounting for a substantial 38.52% share ($2.88B). The United Kingdom and India follow as key partners, representing 12.35% and 11.85% respectively. This indicates a high reliance on Western markets, complemented by strong regional trade within South Asia.

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Export Growth Performance

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3.1%Annual Growth

AI Insight

The export sector demonstrated a steady growth rate of 3.13% in 2024. This positive trajectory reflects resilient trade dynamics and stable demand across core product categories, maintaining upward momentum in a competitive global market environment.

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Emerging Supply Markets

AI Insight

The Netherlands leads emerging growth with an 11.88% increase, followed by the United Kingdom at 7.28% and Canada at 7.08%. While the USA remains the largest market, these European and North American partners are showing the highest rates of expansion, suggesting diversifying demand.

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Sri Lanka Export Requirements

Before Shipment

1. Import Control License for restricted goods. 2. Phytosanitary/Health certificates for food/plants. 3. SLS certification for mandatory quality standards. 4. Pre-shipment inspection for used vehicles. 5. Registration with the Sri Lanka Standards Institution (SLSI).

Documentation Required

1. Commercial Invoice. 2. Bill of Lading or Airway Bill. 3. Packing List. 4. Certificate of Origin for FTA benefits. 5. Customs Declaration (CUSDEC) form.

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Sri Lanka free trade agreements and preferential access markets.

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South Asian Free Trade Area (SAFTA)
India-Sri Lanka Free Trade Agreement (ISFTA)
Pakistan-Sri Lanka Free Trade Agreement (PSFTA)
Asia-Pacific Trade Agreement (APTA)
Sri Lanka-Singapore Free Trade Agreement (SLSFTA)

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