China / Sri Lanka

Overview In October 2024, China exported $455M and imported $29.3M from Sri Lanka, resulting in a positive trade balance of $426M. Between October 2023 and October 2024 the exports of China have increased by $123M (37.2%) from $332M to $455M, while imports increased by $6.36M (27.8%) from $22.9M to $29.3M.

Trade In October 2024, the top exports of China to Sri Lanka were Refined Petroleum ($42.5M), Synthetic Filament Yarn Woven Fabric ($18.7M), Knitted or crocheted fabrics of a... ($15.1M), Other knitted or crocheted fabrics. ($11.8M), and Other toys ($10.2M). In October 2024 the top imports of China from Sri Lanka were Knit T-shirts ($5.65M), Knit Men's Undergarments ($3.03M), Other Women's Undergarments ($2.74M), Tea ($2.35M), and Activated Carbon ($2.07M).

Origins In October 2024 the exports of China were mainly from Zhejiang Province ($138M), Guangdong Province ($84.3M), Jiangsu Province ($48.8M), Shanghai Province ($46.1M), and Shandong Province ($35.9M), while imports destinations were mainly Shanghai Province ($12.7M), Jiangsu Province ($4.69M), Guangdong Province ($4.41M), Zhejiang Province ($2.19M), and Beijing ($2.01M).

Growth In October 2024, the increase in China's year-by-year exports to Sri Lanka was explained primarily by an increase in product exports in Vaccines, blood, antisera, toxins and cultures ($1.73M or 4.08k%), Packaged Medicaments ($1.15M or 1.12k%), and Footwear Parts ($670k or 42%). In October 2024, the increase in China's year-by-year imports  from Sri Lanka was explained primarily by an increase in product imports  in Knit Men's Undergarments ($2.43M or 406%), Knit T-shirts ($1.52M or 36.8%), and Other Women's Undergarments ($1.49M or 120%).