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Who does Sri Lanka rely on?

The largest supplier of Sri Lanka in 2024 is China, with 22.9% of what Sri Lanka buys. Its share was 20.2% in 2019 and 3.8% in 1995. 352 of the 685 products Sri Lanka buys for more than $1 million have a supplier selling more than 50% of what Sri Lanka buys of that product; in 123, more than 75%. In those products, purchases from each one’s dominant supplier add up to 34.8% of what Sri Lanka buys.

Summary

Largest supplier: China
22.9%
Concentration (HHI)
1,175
Products with a supplier above 50%
352
Products with a supplier above 75%
123

Concentration index (HHI): 1,175 out of 10,000; equivalent to splitting purchases among 9 suppliers of the same size

Trend

Trend in shares

China went from 3.8% to 22.9% of what Sri Lanka buys

Share (%)

  • China 22.9%
  • India 22.1%
  • United Arab Emirates 7.1%
  • Singapore 6.6%
  • Malaysia 3.7%

Source: CEPII BACI

Show the numbers
YearLargest supplierShare
1995Japan10.1%
1996India11.4%
1997India10.1%
1998Singapore10.5%
1999India9.5%
2000Japan10.3%
2001India11.2%
2002India14%
2003India16.3%
2004India16.5%
2005India16.8%
2006India17.7%
2007India24.3%
2008India20%
2009India17.6%
2010India21.1%
2011India22.8%
2012India20.2%
2013India21.4%
2014India29%
2015India25.5%
2016India21.6%
2017India20.4%
2018India23.4%
2019India20.7%
2020China23.1%
2021China23.7%
2022India28.8%
2023India20.8%
2024China22.9%

Its suppliers

  1. China$4.4 billion · 22.9%
  2. India$4.2 billion · 22.1%
  3. United Arab Emirates$1.4 billion · 7.1%
  4. Singapore$1.3 billion · 6.6%
  5. Malaysia$713 million · 3.7%
  6. Russia$539 million · 2.8%
  7. Pakistan$445 million · 2.3%
  8. Indonesia$440 million · 2.3%
  9. United States$440 million · 2.3%
  10. Oman$390 million · 2%

Some of these goods may have been produced in another country: countries record origin in different ways.

Products with a dominant supplier

Of the 685 products Sri Lanka buys for more than $1 million in 2024, these are the highest-value ones with a dominant supplier.

ProductSupplierShareSecondValue
Crude petroleumUnited Arab Emirates100%over 75%India · 0%$766 million
Medicines in measured doses or retail packsIndia54.9%Pakistan · 9.7%$410 million
Natural gas and LPGOman59.2%Iraq · 26.3%$373 million
Cane and beet sugarIndia58.3%United Arab Emirates · 15.9%$372 million
CoalRussia94.7%over 75%Indonesia · 2.8%$312 million
WheatRussia64.6%Romania · 17%$291 million
Cameras and broadcast equipmentChina85.2%over 75%Vietnam · 2.7%$230 million
Synthetic filament yarnChina50.4%Italy · 7.9%$228 million
Coconut and palm kernel oilIndonesia62%Malaysia · 19.6%$213 million
Powdered and condensed milkNew Zealand91.4%over 75%Netherlands · 4.8%$205 million
Synthetic filament fabricChina63.9%Taiwan · 9.1%$205 million
Dried legumes (beans, lentils, peas)Australia65.7%India · 20.6%$184 million
Soybean meal and pelletsUnited States84.1%over 75%India · 15.1%$149 million
Cargo and cruise shipsIndia99.6%over 75%United Kingdom · 0.2%$146 million
Lightweight cotton fabricIndia66.4%China · 17.6%$141 million
Electric motors and generatorsChina86.2%over 75%United States · 2.7%$133 million
Dredgers and floating cranesIndia100%over 75%United States · 0.01%$126 million
CranesChina95%over 75%India · 1.3%$118 million
Cotton yarnIndia71.1%Vietnam · 10.2%$117 million
Synthetic staple fiber fabricChina72.1%India · 8.3%$112 million
ComputersChina72.2%Malaysia · 8.7%$106 million
Coated flat steelChina69.6%South Korea · 15.8%$105 million
Transformers and power suppliesChina75.7%over 75%India · 7.1%$100 million
Alloy steel sheetChina99.1%over 75%Singapore · 0.58%$99 million
Turbojets and gas turbinesFrance70%United States · 17.3%$91 million

and 327 more

A product has a dominant supplier when a single country sells more than 50% of what is bought of it; we flag it separately above 75%.

Some of these goods may have been produced in another country: countries record origin in different ways.

Countries that sell more than 50% of some product; the darker, the higher the value of those products.

Selling: who it relies on

Largest customer: United States
22.1%
Concentration (HHI)
715

Concentration index (HHI): 715 out of 10,000; equivalent to splitting sales among 14 customers of the same size

Trend in shares

The United States went from 39% to 22.1% of what Sri Lanka sells

Share (%)

  • United States 22.1%
  • India 7.5%
  • Germany 6.4%
  • United Kingdom 5.9%
  • Italy 3.9%

Source: CEPII BACI

Show the numbers
YearLargest customerShare
1995United States39%
1996United States39%
1997United States40.6%
1998United States42.6%
1999United States39.5%
2000United States39%
2001United States39.9%
2002United States39.3%
2003United States35.1%
2004United States33.1%
2005United States31.6%
2006United States29.5%
2007United States24.8%
2008United States21.2%
2009United States19.6%
2010United States19.5%
2011United States19.2%
2012United States21.3%
2013United States23.1%
2014United States22.9%
2015United States24.8%
2016United States24.9%
2017United States23.5%
2018United States22.6%
2019United States22.1%
2020United States21.9%
2021United States21.6%
2022United States23.5%
2023United States21.3%
2024United States22.1%

137 of the 377 products Sri Lanka sells for more than $1 million have a customer buying more than 50% of what Sri Lanka sells of that product; in 72, more than 75%. In those products, sales to each one’s dominant customer add up to 9.9% of what Sri Lanka sells.

ProductCustomerShareSecondValue
Sweaters and pulloversUnited States52.4%Canada · 12.7%$313 million
Pepper, dried chili and paprikaIndia90.9%over 75%Germany · 2.6%$168 million
Men's shirtsUnited States57.7%Canada · 8.5%$149 million
Airplanes and helicoptersIndia99.9%over 75%United States · 0.1%$124 million
Natural gas and LPGBangladesh78.9%over 75%Maldives · 17.6%$123 million
Pet and animal feedIndia93%over 75%Bangladesh · 2.8%$98 million
Soft drinksIndia80.9%over 75%Maldives · 6.4%$49 million
Dredgers and floating cranesJapan54.1%India · 43.7%$46 million
Iron or steel nails and tacksUnited States90.8%over 75%Bangladesh · 8.6%$42 million
LCD panels, lasers and other optical devicesUnited States55.6%United Kingdom · 39.4%$41 million
Other nuts (almonds, walnuts)India99%over 75%Malaysia · 0.5%$37 million
Rubber sheets and profilesUnited States62.5%India · 6.4%$36 million
Instant coffee and tea extractsIreland76.4%over 75%United States · 4.9%$35 million
Turbojets and gas turbinesHong Kong86.4%over 75%United Arab Emirates · 9.6%$29 million
FurnitureIndia67.8%United States · 20.3%$28 million

and 122 more

Concentration compared

The closest countries in the concentration ranking (HHI, highest first).

RankCountryHHI
115San Marino1,203
116Chile1,181
117Sri Lanka1,175
118Nigeria1,164
119Cuba1,155
120Comoros1,151

Sources and method

Sources and licenses

Methodology

The data come from CEPII BACI (Etalab 2.0 licence), which reconciles what the exporting and the importing country report, in current USD, FOB. Data up to 2024.

Dependence is the share of a country’s imports (or exports) that each partner accounts for. It does not measure whether a product has a substitute or how much it would cost to change supplier.

The concentration index (HHI) adds up the square of each partner’s share, in percent: it runs from 0 to 10,000. Its equivalent is 10,000 ÷ HHI, the number of partners of the same size that would give that value.

Products are HS4 headings of the 1992 nomenclature (some combine different goods), with a floor of $1 million per product and country.

The EU is the 27 current members in every year; the United Kingdom is outside the EU throughout the series.

Re-exports: countries that act as redistribution hubs carry their notice and the figures are not corrected.