- February 21, 2023
- Posted by: David Benjamin
- Category: Spices, Essential Oils & Oleoresins
The Spices, Essential Oils & Oleoresins industry in Sri Lanka plays a significant role in the country’s economy. Sri Lanka is known for producing high-quality spices, essential oils and oleoresins, and the export of these products has been a significant contributor to the country’s economy for many years. In this article, we will take a closer look at the main export markets for Sri Lanka’s Spices, Essential Oils & Oleoresins Industry.
- India: India is one of the largest markets for Sri Lanka’s spices, essential oils and oleoresins. India imports a significant amount of cinnamon, clove, pepper, and other spices from Sri Lanka.
- The United States: The United States is another important market for Sri Lanka’s spices, essential oils, and oleoresins. The country imports cinnamon, nutmeg, cloves, and other spices from Sri Lanka.
- The European Union: The European Union is another major market for Sri Lanka’s spices, essential oils and oleoresins. The EU countries import cinnamon, clove, pepper, and other spices from Sri Lanka.
- Middle Eastern countries: Middle Eastern countries such as Saudi Arabia, United Arab Emirates, and Iran also import a significant number of spices, essential oils and oleoresins from Sri Lanka.
- Other countries: Apart from the aforementioned countries, Sri Lanka also exports its spices, essential oils, and oleoresins to other countries such as Australia, Canada, and New Zealand.
In conclusion, Sri Lanka’s Spices, Essential Oils & Oleoresins Industry is a significant contributor to the country’s economy, and its exports have been in high demand in various countries across the world. The industry continues to grow and expand, and there are many opportunities for further growth in the future.
Take Note:
- India is the largest market for Sri Lanka’s spices, essential oils and oleoresins.
- The United States, The European Union, and Middle Eastern countries are also major export markets.
- Sri Lanka exports its spices, essential oils and oleoresins to other countries such as Australia, Canada, and New Zealand.
- The Spices, Essential Oils & Oleoresins Industry is a significant contributor to Sri Lanka’s economy.