China / Sri Lanka

Overview In February 2024, China exported $334M and imported $22M from Sri Lanka, resulting in a positive trade balance of $312M. Between February 2023 and February 2024 the exports of China have increased by $188M (129%) from $146M to $334M, while imports decreased by $-10.8M (-33%) from $32.8M to $22M.

Trade In February 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 February 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 February 2024 the exports of China were mainly from Zhejiang Province ($89M), Guangdong Province ($78.3M), Jiangsu Province ($37.4M), Shandong Province ($29.4M), and Fujian Province ($21.3M), while imports destinations were mainly Shanghai Province ($9.41M), Guangdong Province ($3.12M), Jiangsu Province ($2.49M), Beijing ($2.16M), and Fujian Province ($1.32M).

Growth In February 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 ($670k or 42%). In February 2024, the decrease in China's year-by-year imports  from Sri Lanka was explained primarily by an decrease in product imports  in Tea ($-1.82M or -43.7%), Knit Women's Suits ($-935k or -54.1%), and Coconut and Other Vegetable Fibers ($-851k or -85.1%).