Sri Lanka
U.S. Trade with Sri Lanka in 2022
Export Market Rank
#67 Among U.S. Agricultural Export Markets
Total Export Value
$117.74 Million
3-Year Average
$146.32 Million
Compound Average Growth
-0.79% (2013-2022)
Total Export Value 2013 - 2022
Export Value by Commodity 2022
Top 10 Exports to Sri Lanka in 2022
| Commodity | Total Value (USD) | Total Volume (Metric Tons) | 10-Year Average Value (USD) | 10-Year Growth |
|---|---|---|---|---|
| Soybean Meal | $82.08 Million | 149,325 | $63.96 Million | 191% |
| Other Feeds, Meals & Fodders | $9.46 Million | 15,927 | $7.25 Million | 800% |
| Dairy Products | $6.67 Million | 1,664 | $11.46 Million | -54% |
| Tobacco | $4.78 Million | 216 | $3.28 Million | 249% |
| Distillers Grains | $4.43 Million | 13,847 | $3.21 Million | 13804% |
| Fish and Seafood | $1.41 Million | 145 | $1.38 Million | -1% |
| Planting Seeds | $1.34 Million | 934 | $1.98 Million | 59% |
| Essential Oils | $1.24 Million | 47 | $1.31 Million | -17% |
| Food Preparations | $1.13 Million | 84 | $1.66 Million | -10% |
| Pulses | $1.04 Million | 1,071 | $2.9 Million | -58% |
Data and Analysis
FAS Colombo (Post) forecast’s Sri Lanka’s market year (MY) 2023/2024 (October-September) rice production (milled) at 3.16 million metric tons (MMT), with a planted area of 1 million hectares.
Attaché Report (GAIN)
Sri Lanka: Sri Lanka Extends Surcharge on Customs Duties for Select Food and Agricultural Products
On November 30, 2022, Sri Lanka’s Minister of Finance, Economic Stabilization and National Policies issued a Customs Notification, imposing a levy on 15 food and agricultural products (HS) headings.
Attaché Report (GAIN)
Sri Lanka: Sri Lanka's Foreign Exchange Crisis Driven Import Control Regulations
On April 9, 2022, the Sri Lankan government issued the Imports and Exports (Control) Regulations No. 06 (2022). These regulations affect several food and non-food commodities.
News and Features
For FY 2023, USDA anticipates awarding up to $224 million in new McGovern-Dole cooperative agreements. USDA has identified the following as priority countries for FY 2023: Cameroon, Haiti, Mozambique, Nepal, Nicaragua, Sri Lanka, and Togo.