Sri Lanka is expected to produce more than 325 million kg of tea this year, breaking the previous 2002 record of 310 million. The world's fourth largest producer after China, India and Kenya, Sri Lanka exports around 290 million kg a year which earns 13 percent of the island's export income. A kilogram of Ceylon tea now sells for $1.90-$1.95, a decrease from $2.18 a year ago due to global oversupply.