Production of Raw Areca Nut in Sri Lanka
Raw Areca Nut is categorized under FAO code 0226 - Areca nuts, and the data is presented accordingly.
Production overview
In 2023, Sri Lanka ranked #5 globally for Raw Areca Nut production, contributing 3.29% to global output. Sri Lanka's total production for Raw Areca Nut was 72,075 metric tons in 2023.
Production trend chart of Sri Lanka Raw Areca Nut
Sri Lanka's production of Raw Areca Nut has increased by 34.36% over the past 5 years, rising from 53,645 metric tons in 2019 to 72,075 metric tons in 2023.
The production data for Sri Lanka Raw Areca Nut is collected from the Food and Agriculture Organization of the United Nations (FAO). The data is classified under the FAO code 0226 - Areca nuts, which represents a specific category within FAO's agricultural production database.
Please note that the FAO code grouping may not exactly align with Raw Areca Nut as defined in some markets, as the FAO may group products based on broader categories that include similar products.
Export of Raw Areca Nut from Sri Lanka
Raw Areca Nut is categorized under HS code 080280 - Nuts, edible; areca nuts, fresh or dried, whether or not shelled or peeled, and the data is presented accordingly.
Export overview
As of 2023, Sri Lanka ranked #2 in global exports of Raw Areca Nut. Sri Lanka accounts for approximately 17.89% of the total global export value of Raw Areca Nut, with an export value of 60,621,468 USD.
The top countries importing Raw Areca Nut from Sri Lanka include World, India, Myanmar [Burma], Maldives, Thailand.
Export trend
Sri Lanka's export value of Raw Areca Nut has increased by 183.13% over the past 5 years, rising from 21,411,083 USD in 2019 to 60,621,468 USD in 2023.
The export data for Sri Lanka Raw Areca Nut is sourced from UN Comtrade and official Customs databases of various countries. The data is categorized under the Harmonized System (HS) code 080280 - Nuts, edible; areca nuts, fresh or dried, whether or not shelled or peeled, which covers a specific classification for Raw Areca Nut and related products in international trade.
It's important to note that the HS code classification may not always perfectly match the definition of Raw Areca Nut in certain markets, as HS codes often encompass a broader range of similar products.
Export transactions from 2024
Transactions in this market
318
Exporters
16
Importers
25
Major exporters of Sri Lanka Raw Areca Nut in 2024
BEST DEAL EXPORTERS
Sri Lanka
MUBARAK TRADING
Sri Lanka
DLKSPICE EXPORT
Sri Lanka
SABARAGAMUWA ENTERPRISES
Sri Lanka
RASNSPICE
Sri Lanka
Major importers of Sri Lanka Raw Areca Nut in 2024
KOMAL INTERNATIONAL
India
N & N TRADERS
India
NISCO OVERSEAS
India
MRJ TRADING
India
BRIGHT WAY INTERNATIONAL
India
Historical export price trends
The export price of Raw Areca Nut from Sri Lanka has fluctuated over the past 2 years. In 2023, the price varied between 1.08 USD per kg and 14.03 USD per kg. In 2024, the prices continued to fluctuate, ranging from 1.88 USD per kg to 8.31 USD per kg.
The export transaction data for Sri Lanka Raw Areca Nut is sourced from Bill of Lading (B/L) documents and customs reports. Tridge ensures data accuracy through human oversight and AI, handling missing values, outliers, and standardizing currencies and units. Note that price trends may vary based on country, product variety, or timeframe.
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