Trade route overview

Singapore exports to Sri Lanka
route risk review

See the latest reported exports, the products that need a closer look, and the conditions that may make this route harder to plan.

SGP-LKA2024 reported exports156 product typesWatch review level
Latest reported exports$1.2B2024 route total
Highest-priority products0Need the closest review
Products needing review23High-attention product types
Exports needing review34.5%Share of route exports
Overall review levelWatchBased on available indicators

What this page shows

What should a business review on this route?

In 2024, Singapore reported $1.2B in goods exports to Sri Lanka. 23 product types are marked for closer review, covering 34.5% of reported exports. This is not a forecast and does not mean trade will stop. It shows where to look more closely at demand, annual changes, product mix, tariffs, and buyer-market conditions.

How to read this page

Three simple ideas explain the route

This page separates the size of the trade from the conditions worth checking and the product types that make up the route.

01 - Trade value

How much is traded?

This is the reported value of goods exported from Singapore to Sri Lanka in the latest available year.

$1.2B in 2024
02 - Review level

What does "high attention" mean?

It marks product types where one or more conditions deserve a closer look. It is not a prediction, a guaranteed loss, or a warning that trade will stop.

34.5% needs review
03 - Product code

What is a product type?

Each row is one HS6 product code. HS6 is the international six-digit code used to describe and compare traded goods.

156 product types

Start with the products

See the product rows behind the review level.

Compare the products, their buyer-market size, and the conditions that deserve a closer look.

Export history

How much was exported each year?

The latest twelve years of reported exports from Singapore to Sri Lanka. Bar lengths are relative to the highest year shown.

Latest annual total$1.3B2024 annual history
Highest year$1.9B2013 annual history
Latest below highest29.1%Difference from the highest year

Why this route needs review

What is behind the review signal?

A dollar amount can appear in more than one row. These rows show the conditions linked to the route; they are not separate losses.

What to reviewBar shows relative sizeExport value linked to it
Large year-to-year swings
$388.3M
Still below the previous high
$94.8M
Buyer demand is falling
$0.0
Product mix is concentrated
$1.1B
Tariffs and access rules
$0.0
Buyer economy is under pressure
$0.0

How to read the numbers

What do these measures tell us?

These measures describe yearly swings, the gap from the route's highest year, and how concentrated the product mix is.

Export volatility0.9Higher means bigger yearly swings
Below highest year27.7%Compared with the route's best year
Product concentration (HHI)3,791.80-10,000 scale; higher means fewer products dominate
Largest product share54.6%Share from the biggest product

Largest product

Product not reported

Product code HS6 271019 makes up 54.6% of exports from Singapore to Sri Lanka. The main reason to review it is: Trade has varied substantially across reported years

See product rows
Exports of this product$652.8M2024 reported value

Products to review

Which product types need a closer look?

Each row is one six-digit HS6 product code. Compare the buyer market's imports, the product's fall from its highest year, annual variation, and review level.

Top product types10 shown - 2024 values
Top product types for Singapore exports to Sri Lanka
RankProduct and codeBuyer-market importsBelow product highYearly variationReview level
1Product 271019HS6 271019 - six-digit product code$1.7B27.6%0.9Watch
2Product 271012HS6 271012 - six-digit product code$808.2M19.4%1.1High attention
3Herbicides, anti-sprouting products and plant-growth regulators: not containing substances of 3808.50: put up in forms or packings for retail sale or as preparations or articlesHS6 380893 - six-digit product code$43.4M0%1Watch
4Food preparations: n.e.s. in item no. 2106.10HS6 210690 - six-digit product code$56.8M14.3%1.2Watch
5Jewellery: of precious metal (excluding silver) whether or not plated or clad with precious metal, and parts thereofHS6 711319 - six-digit product code$83.9M81.2%1High attention
6Lubricating oil additives: containing petroleum oils or oils obtained from bituminous mineralsHS6 381121 - six-digit product code$11.2M15.3%0.4High attention
7Food preparations: of flour, meal, starch, malt extract or milk products, for uses n.e.s. in heading no. 1901HS6 190190 - six-digit product code$26.5M51.8%0.8Watch
8Odoriferous substances and mixtures: of a kind used in the food or drink industriesHS6 330210 - six-digit product code$29.9M16.7%0.8Stable
9Organo-sulphur compounds: methionineHS6 293040 - six-digit product code$20.2M42.4%0.9Watch
10Data processing machines: storage unitsHS6 847170 - six-digit product code$15.9M0%0.5Watch

Buyer-market imports are total imports of that product into the buyer market, not only exports from Singapore. "Below product high" compares current exports with that product's highest reported year. Yearly variation is a calculated measure. Swipe sideways on a small screen to see every column.

Trade route conditions

What else can affect this route?

Distance, tariffs, trade agreements, the buyer economy, and business rules add context to the export total.

Distance between markets2,734 kmApproximate route distance
Trade agreement (FTA)NoReported agreement coverage
Average import tariff22%Average tax applied to imports
Buyer economy size$84.5B2024 gross domestic product
Buyer GDP per person$3.8KCurrent-dollar measure
Buyer economy outlookResilientAvailable buyer-economy context
Shared land borderNoDo the markets share a border?
Shared official languageNoReported common official language
Similar legal systemYesReported legal similarity
Shared religionNoReported cultural similarity
Language similarityNot reportedCommon spoken-language score
Business setup time8 daysDays to register a business

Questions about this page

Simple answers about this route

Definitions and limits for the figures above.

What does "high attention" mean?

High attention means one or more conditions on these product types deserve a closer look. It is not a prediction that trade will stop or that a loss is certain.

How much did Singapore export to Sri Lanka?

Singapore reported $1.2B in goods exports to Sri Lanka in 2024.

What does "exports needing review" mean?

34.5% of reported route exports are linked to product types marked for closer review. This points to where to investigate further.

What is an HS6 code?

An HS6 code is the international six-digit code used to describe and compare traded goods.

What conditions are shown?

The page shows yearly export changes, product concentration, tariffs, distance, trade-agreement coverage, buyer-economy context, and business setup time where reported.

Is this a forecast?

No. These are reported or calculated observations, not forecasts or guarantees.

Continue your research

Compare this route with products and markets.

Use the workspace to investigate which products, buyer conditions, and routes deserve attention.

Data source

OECD trade statistics with CEPII context

OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29). OECD BIMTS is the primary trade series for this view. Supporting bilateral trade context uses CEPII BACI bilateral trade flows (202601) under Etalab 2.0 Open Licence. Yugalinks presents derived views of reported observations and calculated indicators. Data terms: OECD Terms & Conditions.