Sri Lanka Tea Import and Export Data: Key Companies & Market Trends

Despite maintaining a strong presence in the tea industry, Sri Lanka’s total exports fell in 2023. That year, the country exported approximately 241.9 million kilograms out of which the tea exports dropped more than 3.3% from the previous year. The average price increase for exports resulted in an all-time high export income of Rs. 428.29 billion (~1.31 billion) which represented a rise of 4 percent. Exports in packeted form also added to this figure, surpassing 108 million kilograms and valued at nearly Rs.180 billion. Although packeted tea exports dropped by 2.5% in quantity, their value rose by 6.9%, indicating a shift towards premium pricing. The UAE, Russia, and Iraq were notable exporters with Iraq and the UAE exporting 34,260 and 24,987 metric tons respectively.