Sri Lanka Export Market Analysis 2025 - by Country & Company | Tendata

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ten data blog2026-04-16

I. Overview of Sri Lanka's Total Exports in 2025

Sri Lanka export performance in 2025 demonstrated robust recovery and growth, with total export earnings reaching USD 17.25 billion, representing a 5.6% year-on-year increase. This achievement brought the nation to nearly 95% of its annual export target, signaling a strong rebound from previous economic challenges. Merchandise exports accounted for USD 13.57 billion, while services exports contributed an estimated USD 3.67 billion with a 2.79% growth rate.


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II. Major Export Products in 2025

Sri Lanka exporter companies are successfully navigating global market demands while emerging product categories gain momentum.


Export Value Share by Category:>>Get More Sri Lanka Export Data via Tendata


Product Category

HS Code

Export Value (USD Million)

Value Share

Trade Count

Avg. Unit Price

Primary Destinations

Cinnamon (Whole & Cut)

09061101/0906110000

$380.89 million

28.0%

3,665

$12.31/kg

Mexico, USA, Peru

Black Tea (Fermented)

0902400000

$141.22 million

10.4%

1,798

$5.10/kg

Russia, Iran, Pakistan

Coconut Fiber

14049099

$102.02 million

7.5%

2,532

$1.50/kg

Mexico, India, Chile

Black Tea (Other Forms)

09024000

$94.42 million

6.9%

568

$4.81/kg

Russia, UK, Germany

Coconuts (Fresh/Dried)

08011100

$52.39 million

3.9%

1,406

$3.07/kg

India, Middle East

Cinnamon (Processed)

09024010

$43.70 million

3.2%

201

$6.33/kg

USA, Europe

Rubber Gloves

40151900

$26.49 million

1.9%

5,606

$0.50/unit

USA, Europe, Australia

Coconut Milk Powder

11063090

$39.49 million

2.9%

562

$5.02/kg

Middle East, Europe

Spices (Mixed)

Various

$35.20 million

2.6%

1,248

$11.50/kg

India, Pakistan, UAE

Textiles & Garments

Various

$4,570.00 million*

33.6%*

N/A

N/A

USA, EU, UK

Data Source: Tendata Platform


· Rapidly Growing Categories:

Coconut Products(+44.13%)

Food & Beverages(+24.89%)


· Declining Categories:

Rubber Products(-5.69%)

Gemstones & Jewelry(-8.97%)

Fish & Seafood(-11.08%)


The Sri Lanka export landscape in 2025 reveals a clear bifurcation: value-added agricultural products (coconut, food & beverages) are experiencing double-digit growth, while traditional manufactured goods (rubber, gems) face headwinds. This shift reflects both global consumer trends toward natural, organic products and the strategic adaptation of Sri Lanka exporter companies toward higher-margin processed goods.


III. Major Export Destinations in 2025

The Sri Lanka export landscape in 2025 demonstrated remarkable geographic diversification, with total merchandise exports reaching USD 17.25 billion across 103 destination markets worldwide. The United States emerged as the single largest market, commanding a 22% share of total exports, while traditional partners like India, the United Kingdom, and Germany maintained strong positions. Notably, Sri Lanka exporting activities showed exceptional growth in emerging markets across Latin America and the Middle East, signaling a strategic shift toward market diversification beyond conventional European and Asian destinations.


Market Share by Country:>>Get More Sri Lanka Export Data via Tendata


Rank

Destination Country

Export Value (USD Million)

Market Share (%)

YoY Growth

Primary Product Categories

1

United States

$3,795.0

22.0%

+8.2%

Apparel, Tea, Rubber Products

2

United Kingdom

$1,552.5

9.0%

+3.2%

Apparel, Tea, Spices

3

India

$1,380.0

8.0%

+17.2%

Tea, Coconut, Spices

4

Germany

$1,207.5

7.0%

+5.1%

Apparel, Tea, Cinnamon

5

Italy

$862.5

5.0%

+4.8%

Apparel, Tea, Coconut Fiber

6

Netherlands

$690.0

4.0%

+6.3%

Tea, Spices, Coconut Products

7

Mexico

$477.4

2.8%

+22.5%

Cinnamon, Coconut Fiber, Tea

8

Russia

$432.3

2.5%

-12.4%

Tea, Spices

9

France

$345.0

2.0%

+3.9%

Apparel, Tea, Essential Oils

10

Spain

$258.8

1.5%

+7.6%

Tea, Cinnamon, Apparel

Data Source: Tendata Platform


Emerging Market Share by Country:>>Get More Sri Lanka Export Data via Tendata

Rank

Destination Country

2024 Value (USD M)

2025 Value (USD M)

YoY Growth

Market Share 2025

Growth Drivers

1

Mexico

$389.7

$477.4

+22.5%

2.8%

Cinnamon demand, health trends

2

Peru

$56.8

$71.2

+25.4%

0.4%

Organic tea, specialty spices

3

Chile

$51.2

$64.5

+26.0%

0.4%

Coconut products, premium tea

4

Brazil

$48.9

$61.5

+25.8%

0.4%

Coconut fiber, cinnamon

5

United Arab Emirates

$195.0

$234.0

+20.0%

1.4%

Re-export hub, luxury tea

6

Saudi Arabia

$156.0

$187.2

+20.0%

1.1%

Halal-certified products, dates

7

Turkey

$27.4

$34.5

+25.9%

0.2%

Tea, textile intermediates

8

Poland

$89.0

$106.8

+20.0%

0.6%

Apparel, EU gateway

9

Colombia

$38.5

$46.2

+20.0%

0.3%

Coconut products, spices

10

Vietnam

$32.0

$40.0

+25.0%

0.2%

Tea blending, re-export

Data Source: Tendata Platform


The Sri Lanka export destination portfolio in 2025 reveals a balanced distribution between established Western markets (USA, UK, EU collectively accounting for ~50% of total exports) and high-growth emerging markets. The United States' dominant 22% share underscores the critical importance of the apparel sector, which benefits from preferential trade arrangements. Meanwhile, India's remarkable 17.2% growth—crossing the USD 1 billion milestone for the first time—highlights the success of Sri Lanka exporting companies in penetrating the neighboring giant's market with value-added agricultural products.


The emergence of Latin American markets (Mexico, Peru, Chile, Brazil, Colombia) as high-growth destinations represents a strategic breakthrough for Sri Lanka exporting companies. These markets collectively grew by an average of 24.9%, driven by rising demand for organic cinnamon, coconut-based health products, and premium Ceylon tea. The Middle East (UAE, Saudi Arabia) also demonstrated robust 20% growth, leveraging Sri Lanka's geographic proximity and halal certification advantages. This diversification reduces dependency on traditional Western markets and positions Sri Lanka export flows for sustained resilience against global trade volatility.


IV. Trade Partners and Buyer Data in 2025

The Sri Lanka export ecosystem in 2025 demonstrated remarkable depth and diversification, with 87,906 verified trade transactions valued at USD 1.35 billion across key product categories including tea, cinnamon, coconut, apparel, spices, and rubber. This analysis reveals a dynamic landscape where 4,347 registered Sri Lanka exporter companies served 6,670 overseas buyers across 103 destination markets. The data highlights strong concentration among leading exporters in the spice and tea sectors, while emerging buyers from Latin America and the Middle East drove significant growth in transaction volumes.


Sri Lanka's Major Export Companies by Transaction Value(2024-2025):>>Get More Sri Lanka Export Data via Tendata

Rank

Exporter Name

Trade Count

Export Value (USD Million)

Value Share (%)

Primary Product Category

Avg. Unit Price (USD/kg)

Key Markets

1

SAMAGI SPICE EXPORTS PVT LTD

528

$51.98

3.85%

Cinnamon & Spices

$11.52

Mexico, USA, Peru

2

UNIWORLD TEAS PVT LTD

451

$46.60

3.45%

Black Tea

$5.08

Russia, Iran, Pakistan

3

NEW LANKA CINNAMON PVT LTD

478

$38.07

2.82%

Cinnamon (Whole/Cut)

$10.99

Mexico, Germany, USA

4

NEW LANKA CINNAMON

227

$33.31

2.47%

Cinnamon (Whole)

$12.31

USA, Europe

5

NESTLE LANKA LIMITED

489

$32.50

2.41%

Food & Beverages

$6.16

India, Middle East, EU

6

SAMAGI SPICE EXPORTS

180

$32.02

2.37%

Cinnamon & Spices

$12.66

Mexico, Peru

7

RUHUNU SPICE EXPORTS PVT LTD

541

$30.97

2.30%

Spices (Mixed)

$11.04

India, Pakistan, UAE

8

RUHUNU SPICE EXPORTS

375

$30.81

2.28%

Cinnamon & Spices

$12.02

USA, Europe

9

DIPPED PRODUCTS PLC

7,706

$23.71

1.76%

Rubber Gloves

$0.50

USA, EU, Australia

10

YOKOHAMA TWS LANKA PVT LTD

506

$25.01

1.85%

Textiles

N/A

EU, USA, UK

Data Source: Tendata Platform


Overseas Buyers by Industry Sector (Top Suppliers to Sri Lanka):>>Get More Sri Lanka Export Data via Tendata


Rank

Buyer Company

Country

Industry Sector

Trade Count

Purchase Value (USD Million)

Value Share (%)

Primary Products

Avg. Transaction Value (USD)

1

ООО ОРИМИ

Russia

Food & Beverage (Tea)

761

$73.48

5.45%

Black Tea

$96,558

2

SURTIDORA DEL BAJIO

Mexico

Food Distribution (Spices)

206

$40.25

2.98%

Cinnamon, Spices

$195,389

3

CENTRO ABARROTERO DEL BAJIO

Mexico

Food Distribution (Spices)

162

$36.30

2.69%

Cinnamon, Coconut

$224,074

4

CAMBIASO HNOS S A C

Peru

Agricultural Trading

187

$35.76

2.65%

Coconut Fiber, Tea

$191,230

5

NESTLE INDIA LTD

India

Food & Beverage

444

$35.54

2.63%

Tea, Coconut Milk Powder

$80,045

6

BODEGA DE GRANOS EL ALAZAN Y EL ROCIO

Mexico

Food Distribution

558

$35.06

2.60%

Cinnamon, Spices

$62,836

7

QANDIL PARADISE

Iran

Tea Trading (Bulk)

85

$27.12

2.01%

Black Tea (Bulk)

$319,047

8

FRUTOS Y ESPECIAS S A C

Peru

Spice Importer

159

$26.30

1.95%

Cinnamon, Spices

$165,409

9

EXCALIBUR PLASTICS MEX

Mexico

Manufacturing (Rubber)

415

$25.34

1.88%

Coconut Fiber

$61,060

10

SURTIDORA ABARROTERA

Mexico

Food Distribution

126

$23.93

1.77%

Cinnamon, Spices

$189,921

Data Source: Tendata Platform


Actual Transaction Records by Product(2024-2025):>>Get More Sri Lanka Export Data via Tendata


Product Category

HS Code

Total Trade Count

Total Value (USD Million)

Total Quantity

Quantity Unit

Total Weight (kg)

Avg. Unit Price (USD)

Avg. Weight Price (USD/kg)

Top Destination

Cinnamon (Whole & Cut)

09061101/0906110000

3,665

$380.89

25.13 million

kg

25.23 million

$12.40

$12.26

Mexico

Black Tea (Fermented)

0902400000

1,798

$141.22

27.71 million

kg

30.60 million

$5.10

$4.62

Russia

Coconut Fiber

14049099

2,532

$102.02

67.81 million

kg

142.97 million

$1.50

$0.71

Mexico

Black Tea (Other Forms)

09024000

568

$94.42

19.65 million

kg

21.38 million

$4.81

$4.42

Russia

Cinnamon (Processed)

0906110000

941

$71.51

6.90 million

kg

6.98 million

$10.36

$10.25

USA

Coconuts (Fresh/Dried)

08011100

1,406

$52.39

17.09 million

kg

51.83 million

$3.07

$1.01

India

Cinnamon (Specialty)

09024010

201

$43.70

6.90 million

kg

7.04 million

$6.33

$6.21

USA

Coconut Milk Powder

11063090

562

$39.49

7.87 million

kg

9.53 million

$5.02

$4.14

Middle East

Rubber Gloves

40151900

5,606

$26.49

53.02 million

units

2.73 million

$0.50

$9.72

USA

Rubber Compounds

40059900

40

$23.95

15.97 million

kg

15.97 million

$1.50

$1.50

EU

Data Source: Tendata Platform


The Sri Lanka export landscape is characterized by specialized exporters dominating their respective categories. Spice exporters (SAMAGI, RUHUNU, NEW LANKA CINNAMON) collectively control over 13% of total export value, reflecting Sri Lanka's position as the world's leading true cinnamon producer. The presence of NESTLE LANKA LIMITED demonstrates the integration of multinational corporations into the Sri Lanka exporter ecosystem, while DIPPED PRODUCTS PLC's high transaction count (7,706) with lower unit values highlights the volume-driven rubber glove segment. Notably, the top 10 exporters represent approximately 25% of total verified export value, indicating a moderately fragmented market with opportunities for mid-sized companies to expand.


The overseas buyer analysis reveals distinct regional specialization patterns in Sri Lanka export relationships. Mexican buyers dominate the spice and cinnamon category, with the top 5 Mexican importers accounting for over $160 million in purchases—representing 34% of Mexico's total imports from Sri Lanka. Russia's ООО ОРИМИ stands as the single largest buyer by value ($73.48 million), specializing exclusively in bulk tea imports. The presence of NESTLE INDIA LTD underscores the integration of Sri Lanka exporter companies into global FMCG supply chains. Notably, Iranian buyer QANDIL PARADISE demonstrates the highest average transaction value ($319,047), reflecting bulk tea trading patterns. This buyer concentration indicates that Sri Lanka exporting success depends heavily on maintaining strong relationships with a relatively small number of high-volume international distributors.


The transaction-level data reveals critical insights into Sri Lanka export pricing dynamics and volume patterns. Cinnamon commands the highest unit prices ($10.36-$12.40/kg), reflecting Sri Lanka's monopoly on true Ceylon cinnamon and premium positioning in global markets. Black tea, while lower in unit value ($4.62-$5.10/kg), demonstrates consistent demand with Russia as the primary destination. Coconut fiber exhibits the highest weight volume (142.97 million kg) but lowest unit price ($0.71/kg), indicating a commodity-driven, volume-based business model. The rubber gloves category shows the highest transaction count (5,606) with low unit values ($0.50/unit), characteristic of high-frequency, low-margin manufacturing exports. This diversification across price points and volumes enables Sri Lanka exporter companies to balance revenue stability with growth opportunities across multiple product segments.


As Sri Lanka builds on its $17.25 billion total export achievement in 2025, the focus must shift toward deepening buyer relationships, expanding into underserved markets, and leveraging digital trade platforms to reach the next generation of global buyers. The data clearly indicates that the future of Sri Lanka export growth lies not in abandoning traditional strengths, but in building a more balanced, resilient, and buyer-diversified export portfolio that can withstand global trade volatility while capturing emerging consumer demand across multiple continents and industry sectors.


V. Tendata and Its Sri Lanka Data Sources and Reliability

Tendata’s Sri Lanka trade database is built on a comprehensive multi-source data integration framework, combining official customs records, port authority shipment data, and international statistical datasets. Core data is primarily sourced from Sri Lanka Customs and national trade authorities, which systematically record cross-border transactions under standardized HS code classifications. To enhance completeness, Tendata further integrates mirrored trade data from partner countries and global shipping intelligence, enabling a more holistic view of Sri Lanka export activities even when certain direct disclosures are limited.


In terms of authority, the data used for analyzing Sri Lanka exporting is highly reliable, as it originates from government-controlled customs systems responsible for supervising and verifying all import-export declarations. Tendata applies advanced data cleaning, normalization, and cross-validation processes across multiple sources to ensure accuracy, consistency, and comparability. This allows users to confidently analyze key trade indicators such as shipment values, product categories, trade partners, and buyer networks.


Moreover, Tendata offers more advanced paid data services that provide deeper, shipment-level insights, including bill of lading details, importer and exporter names, transaction prices, frequencies, and supply chain relationships. These granular datasets enable businesses to identify real buyers, track procurement behavior, and develop precise market entry strategies. Overall, Tendata delivers authoritative and actionable intelligence for companies looking to understand Sri Lanka export trends and optimize their global Sri Lanka exporting operations.


FAQ: Sri Lanka Export Data and Market Insights

1.What are the key trends shaping Sri Lanka export performance in 2025?

The Sri Lanka export market in 2025 showed steady growth, reaching USD 17.25 billion with a 5.6% increase year-over-year. A major trend is the shift toward value-added agricultural products such as coconut-based goods and food & beverages, while traditional sectors like rubber and gemstones experienced declines.


2.Who are the leading Sri Lanka exporter companies?

Top Sri Lanka exporter companies include major players in spices, tea, apparel, and rubber products. Companies like SAMAGI, RUHUNU, and NEW LANKA CINNAMON dominate the spice sector, while multinational firms such as NESTLE LANKA LIMITED are also actively involved, highlighting the integration of local exporters into global supply chains.


3.Which countries are the main destinations for Sri Lanka export?

The United States is the largest destination for Sri Lanka export, accounting for around 22% of total exports. Other key markets include India, the United Kingdom, and Germany. At the same time, Sri Lanka exporter companies are expanding into emerging markets such as Latin America and the Middle East, which are showing strong growth potential.


4.What challenges do Sri Lanka exporter businesses face?

Despite growth, Sri Lanka exporter companies face challenges such as dependence on a limited number of major buyers and volatility in global commodity prices. Additionally, some traditional export sectors are declining, requiring exporters to adapt by moving toward higher-value and processed goods to remain competitive.


5.How can businesses access detailed Sri Lanka export data?

Businesses can use platforms like Tendata to access detailed Sri Lanka export data, including transaction-level records, buyer information, and pricing insights. This helps Sri Lanka exporter companies identify reliable partners, analyze demand trends, and build data-driven strategies to expand in global markets.

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