# Sri Lanka Agriculture and food Export Opportunities (HS 01-24)

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> Yugalinks sector export playbook

Explore Sri Lanka HS 01-24 agriculture and food export opportunities, product portfolio, buyer markets, growth signals, and diversification opportunities.

## Overview

- Exporter: Sri Lanka (LKA)
- Sector: Agriculture and food
- HS chapters: HS 01-24
- Latest trade year: 2024
- Sector exports: $42.4M
- Products: 48
- Buyer markets: 25
- Average CAGR: +19.5%
- Global sector size: $172.6B

## Product portfolio

| Product | Global size | Your exports | Opportunity | CAGR | Markets | Share |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| HS 210690 - Food preparations: n.e.s. in item no. 2106.10 | $17.2B | $20.6M | $9.6B | +21.2% | 5 | +0.1% |
| HS 151190 - Vegetable oils: palm oil and its fractions, other than crude, whether or not refined, but not chemically modified | $9.2B | $161.7K | $8.8B | -34.0% | 4 | +0.0% |
| HS 220300 - Beer: made from malt | $8.7B | $106.5K | $8.5B | +2.7% | 2 | +0.0% |
| HS 100630 - Cereals: rice, semi-milled or wholly milled, whether or not polished or glazed | $8.5B | $375.2K | $7.2B | -5.3% | 5 | +0.0% |
| HS 190590 - Food preparations: bakers' wares n.e.c. in heading no. 1605, whether or not containing cocoa: communion wafers, empty cachets suitable for pharmaceutical use, sealing wafers, rice papers and similar products | $9.1B | $474.3K | $7.2B | +9.9% | 2 | +0.0% |
| HS 220890 - Spirits, liqueurs and other spirituous beverages: n.e.c. in heading no. 2208 | $4.9B | $32.4 | $6.6B | -13.8% | 1 | +0.0% |
| HS 170114 - Sugars: cane sugar, raw, in solid form, other than as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter | $4.2B | $46.5K | $6.3B | +4.4% | 4 | +0.0% |
| HS 030617 - Crustaceans: frozen, shrimps and prawns, excluding cold-water varieties, in shell or not, smoked, cooked or not before or during smoking: in shell, cooked by steaming or by boiling in water | $9.1B | $6.2M | $6.2B | +2.2% | 2 | +0.1% |
| HS 090111 - Coffee: not roasted or decaffeinated | $14.8B | $83.0K | $6.1B | -14.2% | 4 | +0.0% |
| HS 070200 - Vegetables: tomatoes, fresh or chilled | $5.4B | $657.0 | $4.6B | -10.2% | 2 | +0.0% |
| HS 151110 - Vegetable oils: palm oil and its fractions, crude, not chemically modified | $5.7B | $4.5M | $4.5B | +61.0% | 1 | +0.2% |
| HS 240220 - Cigarettes: containing tobacco | $4.6B | $260.2K | $4.5B | +41.5% | 3 | +0.1% |
| HS 151800 - Animal or vegetable fats and oils and their fractions: oxidised, boiled or otherwise chemically modified, (excluding those of heading no. 1516), inedible mixtures or preparations of fats or oils | $3.5B | $62.9K | $3.2B | +38.1% | 2 | +0.0% |
| HS 220421 - Wine: still, in containers holding 2 litres or less | $5.9B | $4.2K | $3.0B | +4.7% | 3 | +0.0% |
| HS 100590 - Cereals: maize (corn), other than seed | $3.5B | $885.9 | $2.9B | +34.1% | 1 | +0.0% |
| HS 090121 - Coffee: roasted, not decaffeinated | $3.9B | $3.3K | $2.6B | +5.7% | 2 | +0.0% |
| HS 220820 - Spirits obtained by distilling grape wine or grape marc | $2.2B | $417.7K | $2.5B | +121.5% | 2 | +0.0% |
| HS 120190 - Soya beans: other than seed, whether or not broken | $3.3B | $7.4K | $2.3B | +4.1% | 2 | +0.0% |
| HS 030633 - Crustaceans: live, fresh or chilled, crabs, whether in shell or not | $1.7B | $637.1K | $2.1B | +33.1% | 1 | +0.0% |
| HS 170290 - Sugars: n.e.c. in heading no. 1702, including invert sugar and other sugar and sugar syrup blends containing, in the dry state, 50% by weight of fructose | $1.2B | $2.9K | $2.0B | +8.1% | 1 | +0.0% |
| HS 070960 - Vegetables: fruits of the genus capsicum or of the genus pimenta | $2.2B | $494.0 | $1.9B | +9.0% | 1 | +0.0% |
| HS 151790 - Edible mixtures or preparations of animal or vegetable fats or oils or of fractions of different fats or oils of this chapter, other than edible fats or oils of heading no. 1516 | $1.2B | $201.4 | $1.8B | -19.4% | 1 | +0.0% |
| HS 160232 - Meat preparations: of the poultry of heading no. 0105, (i.e. of fowls of the species Gallus domesticus) | $2.2B | $33.7K | $1.8B | +2.4% | 1 | +0.0% |
| HS 190531 - Food preparations: sweet biscuits, whether or not containing cocoa | $2.4B | $1.3M | $1.6B | +293.1% | 1 | +0.1% |
| HS 040690 - Dairy produce: cheese (not grated, powdered or processed), n.e.c. in heading no. 0406 | $4.4B | $26.6 | $1.6B | -12.4% | 1 | +0.0% |
| HS 220830 - Whiskies | $2.1B | $48.8K | $1.5B | +127.1% | 1 | +0.0% |
| HS 170490 - Sugar confectionery: (excluding chewing gum, including white chocolate), not containing cocoa | $3.2B | $385.2 | $1.5B | +11.4% | 1 | +0.0% |
| HS 180100 - Cocoa beans: whole or broken, raw or roasted | $3.7B | $0.6 | $1.4B | -20.2% | 1 | +0.0% |
| HS 180620 - Chocolate & other food preparations containing cocoa: in blocks, slabs or bars weighing more than 2kg or in liquid, paste, powder, granular or other bulk form in containers or immediate packings, content exceeding 2kg | $1.4B | $87.8 | $1.4B | +7.3% | 1 | +0.0% |
| HS 060290 - Plants, live: n.e.s. in heading no. 0602 | $1.5B | $225.2K | $1.3B | -1.0% | 1 | +0.0% |
| HS 240210 - Cigars, cheroots and cigarillos: containing tobacco including the weight of every band, wrapper or attachment thereto | $1.5B | $2.0M | $1.3B | +55.9% | 1 | +0.1% |
| HS 080211 - Nuts, edible: almonds, fresh or dried, in shell | $965.0M | $88.7K | $1.3B | +1.1% | 1 | +0.0% |
| HS 081190 - Fruit, edible: fruit and nuts n.e.s. in heading no. 0811, uncooked or cooked, frozen whether or not containing added sugar or other sweetening matter | $849.7M | $6.4 | $1.2B | +16.3% | 1 | +0.0% |
| HS 170113 - Sugars: cane sugar, raw, in solid form, as specified in Subheading Note 2 to this chapter, not containing added flavouring or colouring matter | $616.4M | $3.2K | $1.2B | -1.1% | 1 | +0.0% |
| HS 151620 - Vegetable fats and oils and their fractions: partly or wholly hydrogenated, inter-esterified, re-esterified or elaidinised, whether or not refined, but not further prepared | $1.1B | $12.5K | $1.2B | +200.6% | 1 | +0.0% |
| HS 150910 - Vegetable oils: olive oil and its fractions, virgin, whether or not refined, but not chemically modified | $2.4B | $97.2K | $1.2B | +121.3% | 1 | +0.0% |
| HS 230910 - Dog or cat food: put up for retail sale, used in animal feeding | $1.5B | $334.0 | $1.1B | +9.2% | 1 | +0.0% |
| HS 030614 - Crustaceans: crabs, frozen (whether in shell or not, whether or not cooked by steaming or by boiling in water) | $1.0B | $3.0M | $1.1B | +15.2% | 1 | +0.3% |
| HS 060319 - Flowers, cut: flowers and buds of a kind suitable for bouquets or ornamental purposes, fresh, other than roses, carnations, orchids, or chrysanthemums | $1.3B | $298.6 | $1.1B | +20.1% | 1 | +0.0% |
| HS 080550 - Fruit, edible: lemons (Citrus limon, Citrus limonum), limes (Citrus aurantifolia , Citrus latifolia), fresh or dried | $1.0B | $158.0 | $1.1B | -3.4% | 1 | +0.0% |
| HS 081090 - Fruit, edible: fruits n.e.c. in heading no. 0801 to 0810, fresh | $1.1B | $0.8 | $1.1B | -17.7% | 1 | +0.0% |
| HS 240120 - Tobacco: partly or wholly stemmed or stripped | $1.7B | $610.8K | $1.1B | +49.4% | 1 | +0.0% |
| HS 180690 - Chocolate and other food preparations containing cocoa: n.e.c. in chapter 18 | $1.9B | $710.0K | $1.0B | +54.3% | 1 | +0.0% |
| HS 080132 - Nuts, edible: cashew nuts, shelled, fresh or dried | $955.6M | $28.7K | $970.5M | +10.5% | 1 | +0.0% |
| HS 080430 - Fruit, edible: pineapples, fresh or dried | $774.0M | $9.8K | $915.3M | -3.2% | 1 | +0.0% |
| HS 070993 - Vegetables: pumpkins, squash and gourds (Cucurbita spp.), fresh or chilled | $522.0M | $91.4 | $897.4M | +5.6% | 1 | +0.0% |
| HS 120740 - Oil seeds: sesamum seeds, whether or not broken | $1.8B | $380.9K | $889.0M | +45.6% | 1 | +0.0% |
| HS 030632 - Crustaceans: live, fresh or chilled, lobsters (Homarus spp.), whether in shell or not | $627.4M | $23.3 | $887.5M | +11.2% | 1 | +0.0% |

## Best markets

- USA, Puerto Rico and US Virgin Islands (USA): $54.8B calculated opportunity across 25 products.
- China (CHN): $22.6B calculated opportunity across 14 products.
- Germany (DEU): $10.5B calculated opportunity across 7 products.
- India (IND): $9.6B calculated opportunity across 4 products.
- Japan (JPN): $5.8B calculated opportunity across 3 products.
- Canada (CAN): $3.7B calculated opportunity across 2 products.
- Saudi Arabia (SAU): $3.6B calculated opportunity across 2 products.
- Pakistan (PAK): $3.0B calculated opportunity across 1 products.
- United Arab Emirates (ARE): $2.6B calculated opportunity across 2 products.
- Philippines (PHL): $2.2B calculated opportunity across 1 products.
- France (FRA): $2.0B calculated opportunity across 2 products.
- Bangladesh (BGD): $1.6B calculated opportunity across 1 products.

## Growth stars

- HS 190531: +293.1% average CAGR, $1.6B calculated opportunity.
- HS 151620: +200.6% average CAGR, $1.2B calculated opportunity.
- HS 220830: +127.1% average CAGR, $1.5B calculated opportunity.
- HS 220820: +121.5% average CAGR, $2.5B calculated opportunity.
- HS 150910: +121.3% average CAGR, $1.2B calculated opportunity.
- HS 151110: +61.0% average CAGR, $4.5B calculated opportunity.
- HS 240210: +55.9% average CAGR, $1.3B calculated opportunity.
- HS 180690: +54.3% average CAGR, $1.0B calculated opportunity.
- HS 240120: +49.4% average CAGR, $1.1B calculated opportunity.
- HS 120740: +45.6% average CAGR, $889.0M calculated opportunity.

## Diversification opportunities

- HS 210690: 5 buyer markets, $9.6B calculated opportunity.
- HS 100630: 5 buyer markets, $7.2B calculated opportunity.
- HS 151190: 4 buyer markets, $8.8B calculated opportunity.
- HS 170114: 4 buyer markets, $6.3B calculated opportunity.
- HS 090111: 4 buyer markets, $6.1B calculated opportunity.
- HS 240220: 3 buyer markets, $4.5B calculated opportunity.
- HS 220421: 3 buyer markets, $3.0B calculated opportunity.
- HS 220300: 2 buyer markets, $8.5B calculated opportunity.
- HS 190590: 2 buyer markets, $7.2B calculated opportunity.
- HS 030617: 2 buyer markets, $6.2B calculated opportunity.

## Method

Reported trade observations and calculated indicators are shown separately. Validate buyers, standards, logistics, pricing, and competition before acting. [Read the Yugalinks methodology](https://www.yugalinks.com/methodology).

## Data sources

- Primary trade series: OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-30). [OECD Data Explorer](https://data-explorer.oecd.org/) - [OECD Terms & Conditions](https://www.oecd.org/termsandconditions/)
- CEPII BACI bilateral trade flows (202601): [dataset page](https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37) - [BACI documentation](https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html) - [Etalab 2.0 Open Licence](https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf)

This page presents derived Yugalinks views of reported observations and calculated indicators.