2022
Exports
$2.5MWorld Rnk 87 / 179
Flag Rnk 277 / 1074
2022
PRODUCT COMPLEXITY IN Processed Fish
-1.45Rnk 941 / 1025
2022
Imports
$18MWorld Rnk 95 / 222
Flag Rnk 179 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $2.5M in Processed Fish, making it the 87th largest exporter of Processed Fish in the world. At the same year, Processed Fish was the 277th most exported product in Sri Lanka. The main destination of Processed Fish exports from Sri Lanka are: Slovakia ($589k), Czechia ($568k), China ($430k), Germany ($412k), and Australia ($340k).

The fastest growing export markets for Processed Fish of Sri Lanka between 2021 and 2022 were Germany ($315k), Australia ($167k), and Slovakia ($66.7k).

Imports In 2022, Sri Lanka imported $18M in Processed Fish, becoming the 95th largest importer of Processed Fish in the world. At the same year, Processed Fish was the 179th most imported product in Sri Lanka. Sri Lanka imports Processed Fish primarily from: United Arab Emirates ($6.76M), Chile ($6.33M), China ($3.87M), United States ($592k), and Thailand ($290k).

The fastest growing import markets in Processed Fish for Sri Lanka between 2021 and 2022 were Chile ($2.61M), Latvia ($60.3k), and Singapore ($18.1k).

COMPANIES In 2023, leading companies such as Wismettac Asian Foods (1) were at the forefront of shipping Processed Fish from Sri Lanka to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Processed Fish. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.5M
IMPORTS (2022)$18M
NET TRADE (2022)-$15.5M

In 2022, Sri Lanka exported $2.5M in Processed Fish. The main destinations of Sri Lanka exports on Processed Fish were Slovakia ($589k), Czechia ($568k), China ($430k), Germany ($412k), and Australia ($340k).

In 2022, Sri Lanka imported $18M in Processed Fish, mainly from United Arab Emirates ($6.76M), Chile ($6.33M), China ($3.87M), United States ($592k), and Thailand ($290k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Processed Fish EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Germany$315k (327%)
Australia$167k (96.6%)
Slovakia$66.7k (12.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Processed Fish BY Sri Lanka WERE (2021 - 2022):
China-$5.22M (-92.4%)
Oman-$2.76M (-100%)
Chile-$267k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Processed Fish were:
In 2022, Sri Lanka's main importing competitors in Processed Fish were:

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Trade Value of Processed Fish by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $363k
TOP IMPORT POTENTIALChina+ $2.12M

Processed Fish’s highest export potential is Germany. With an export gap of $363k.   Processed Fish’s highest import potential is China with an import gap of $2.12M.

See methodology.

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