Sri Lanka likely to import Ethanol from India
Sri Lanka is likely to import ethanol from India. Sri Lanka has shown immense interest in importing mixed petrol and diesel from India to support its domestic market. Sri Lanka import export data shows that Sri Lanka was the 7th leading importer of ethanol from India having over $803 dollars worth of imports. Whereas, during FY 2021, the ethanol imports of Sri Lanka from India were estimated to be around $1624. Now, Sri Lanka has shown immense interest in buying ethanol from India.Over the years, Sri Lanka ethanol imports have declined significantly. In FY 2022, the ethanol imports by Sri Lanka fell to 92%. The imports were high during 2017 but afterwards ethanol imports of Sri Lanka have declined consecutively. Sri Lanka import data shows that France, UK and Pakistan were the top ethanol sources to Sri Lanka. Together these contributed to over 90% of Sri Lanka’s overall ethanol imports. In the past year, France was responsible for over 14% increase in ethanol expor...