Sri Lanka Rice Export 2026 Market Overview & Trends
Unlocking Opportunities in Sri Lanka Rice Export Market: Trends, Strategies, and Growth Insights
$9.5 m
Market Size
8.4 m Kg
Export Volume
Italy
Key Trading Partner
~2.43%
Market Growth Rate
Rice in Sri Lanka Trade
AI Insight
Sri Lanka’s rice export sector demonstrates a resilient trajectory with a 2.43% growth rate. The 2024 data reveals a strategic shift; while quantities decreased to 8.38 million units, total export value reached a five-year peak of 9.54 million, indicating strengthened pricing power. Australia and Canada remain the largest value contributors, while Italy leads emerging growth at 31.47%. IR 64 rice remains the core product, though rising demand in Europe for husked varieties suggests a diversifying market for high-value rice products.
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5-Year Export Volume
AI Insight
Sri Lanka's rice exports achieved a peak value of 9,540,620 in 2024. Although the total quantity exported dropped from 10,016,968 in 2023 to 8,386,023 in 2024, the export value increased, suggesting a higher price per unit and improved market positioning compared to previous years.
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Discover OpportunitiesTop 5 Destination Countries
Australia
Canada
United Kingdom
United Arab Emirates
France
AI Insight
In 2024, Australia led as the top destination for Sri Lankan rice with an import value of 1,372,700. Canada followed closely at 1,348,070, while the United Kingdom and United Arab Emirates also remained significant markets, highlighting a diverse global demand base.
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See Key BuyersExport Growth Analysis
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View Growth InsightsAI Insight
The market maintains a stable upward momentum with a recorded growth rate of 2.43%. This consistent growth reflects a steady expansion in trade activities and a reliable performance within the rice export sector.
Emerging Market Opportunities
AI Insight
Italy is the fastest-growing market with a significant 31.47% growth rate, followed by Australia at 27.38%. European nations like France and Switzerland are also emerging as high-growth destinations, indicating shifting trade dynamics and new opportunities in premium markets.
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Explore Emerging MarketsSector-Related Export Opportunities
AI Insight
IR 64 rice is the dominant export product, contributing 6,679,190 in value for 2024. Husked (brown) rice and paddy also hold notable shares, but the heavy concentration in IR 64 highlights it as the primary driver of sectoral revenue.
Explore Related Products, Discover New Markets: View the full Sri Lanka export data.
Explore Related ProductsSri Lanka Rice Export Requirements
Before Shipment
Documentation Required
Navigate Sri Lanka Rice Export with Confidence: Access essential documentation and regulatory guidelines.
View RequirementsRice Exports and Free Trade Agreements from Sri Lanka
Maximize Your Rice Exports: Explore Sri Lanka Free Trade Agreements and related import conditions.
Explore FTAs- India-Sri Lanka FTA
- Pakistan-Sri Lanka FTA
- South Asian Free Trade Area (SAFTA)
- Asia-Pacific Trade Agreement (APTA)
- Sri Lanka-Singapore FTA
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