2022
Exports
$60.1MWorld Rnk 46 / 169
Flag Rnk 46 / 1074
2022
PRODUCT COMPLEXITY IN Crustaceans
-1.97Rnk 999 / 1025
2022
Imports
$1.72MWorld Rnk 109 / 217
Flag Rnk 578 / 1171
2022
ECONOMIC COMPLEXITY of Sri Lanka
-0.35Rnk 82 / 133

About

Exports In 2022, Sri Lanka exported $60.1M in Crustaceans, making it the 46th largest exporter of Crustaceans in the world. At the same year, Crustaceans was the 46th most exported product in Sri Lanka. The main destination of Crustaceans exports from Sri Lanka are: Japan ($19.5M), United States ($8.8M), United Kingdom ($5.48M), China ($4.07M), and Chinese Taipei ($3.01M).

The fastest growing export markets for Crustaceans of Sri Lanka between 2021 and 2022 were Ireland ($1.68M), Chinese Taipei ($1.45M), and Qatar ($970k).

Imports In 2022, Sri Lanka imported $1.72M in Crustaceans, becoming the 109th largest importer of Crustaceans in the world. At the same year, Crustaceans was the 578th most imported product in Sri Lanka. Sri Lanka imports Crustaceans primarily from: Nicaragua ($448k), United States ($432k), Argentina ($366k), India ($229k), and Peru ($80.1k).

The fastest growing import markets in Crustaceans for Sri Lanka between 2021 and 2022 were Nicaragua ($448k), United States ($238k), and Argentina ($187k).

COMPANIES In 2023, leading companies such as CHICKEN OF THE SEA FROZEN FOODS (1) and BANANA REPUBLIC LLC (1) were at the forefront of shipping Crustaceans from Sri Lanka to the United States.

Latest Trends

Mar 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 Crustaceans. 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)$60.1M
IMPORTS (2022)$1.72M
NET TRADE (2022)$58.4M

In 2022, Sri Lanka exported $60.1M in Crustaceans. The main destinations of Sri Lanka exports on Crustaceans were Japan ($19.5M), United States ($8.8M), United Kingdom ($5.48M), China ($4.07M), and Chinese Taipei ($3.01M).

In 2022, Sri Lanka imported $1.72M in Crustaceans, mainly from Nicaragua ($448k), United States ($432k), Argentina ($366k), India ($229k), and Peru ($80.1k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crustaceans EXPORT MARKETS FOR Sri Lanka WERE (2021 - 2022):
Ireland$1.68M (38.7k%)
Chinese Taipei$1.45M (93.6%)
Qatar$970k (1.69k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crustaceans BY Sri Lanka WERE (2021 - 2022):
China-$2.79M (-40.7%)
Japan-$1.97M (-9.18%)
United States-$1.74M (-16.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Sri Lanka's main exporting competitors in Crustaceans were:
Ecuador $7.98B
India $5.12B
Canada $3.51B
In 2022, Sri Lanka's main importing competitors in Crustaceans were:

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Trade Value of Crustaceans by Exporters

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