Coconut Oil Prices in Sri Lanka
| Variety | Market level | Price (US$/kg) | Local (LKR) | MoM | YoY | Source |
|---|---|---|---|---|---|---|
| - | Global benchmark | 2.24 | 690 | ▼ 3.8% | ▼ 18.9% | World Bank Pink Sheet |
| - | Export (unit value) | 3.85 | 1,185 | ▲ 7.4% | ▲ 7.4% | UN Comtrade (unit value) |
As of June 2026, the coconut oil price in Sri Lanka available is US$ 3.85 per kg (1,185 LKR), up 7.4% year-on-year.
Sri Lanka exported 16,891 tonnes of coconut oil in 2024, valued at US$65,029,572, ranking third among 70 global exporters and accounting for 3.5% of world exports. The country is a net exporter, despite a significant production decrease in 2023 to 43,475 tonnes, placing eighth worldwide with 1.4% of global output. The latest export price is US$3.85 per kg.
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Coconut Oil Price History & Trend
Global benchmark (world reference) price for coconut oil, US$ per kg.
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Use this data freely with attribution to Selina Wamucii.
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Production, Exports, Imports & HS Codes - coconut oil in Sri Lanka
Sri Lanka exported 16,891 tonnes of coconut oil in 2024, valued at US$65,029,572, ranking third among 70 global exporters and accounting for 3.5% of world exports. The country is a net exporter, despite a significant production decrease in 2023 to 43,475 tonnes, placing eighth worldwide with 1.4% of global output. The latest export price is US$3.85 per kg.
Exports UN Comtrade · 2024
In 2024, Sri Lanka exported $65M (16.9 kt) of coconut oil▲ 12.7% YoY. That ranks #3 worldwide (3.5% of global exports).
Export value by year (US$)
Export volume by year
Top coconut oil exporters worldwide UN Comtrade · 2024
- #1 Philippines $1.24B · 66.4%
- #2 Indonesia $412.5M · 22.1%
- #3 Sri Lanka $65M · 3.5%
- #4 Netherlands $53.6M · 2.9%
- #5 Malaysia $15.2M · 0.8%
Annual export data Sri Lanka · UN Comtrade
| Year | Export value (US$) | Volume | Avg price/kg |
|---|---|---|---|
| 2024 | $65M | 16.9 kt | $3.85 |
| 2023 | $57.7M | 16.1 kt | $3.59 |
| 2022 | $67.8M | 15.6 kt | $4.33 |
| 2021 | $82.7M | 16.4 kt | $5.05 |
| 2020 | $73.4M | 16.7 kt | $4.41 |
Production FAOSTAT · 2023
Sri Lanka produced 43.5 kt of coconut oil in 2023▼ 48.3% YoY. It ranks #8 among producing countries (1.4% of world output).
Production by year (tonnes)
HS Code
coconut oil is traded under Harmonized System code 1513.11. Trade figures above are compiled for this HS heading.
Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO). Values are official reported figures.