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How dependent is Sri Lanka on China?

In 2024, China sold $4.4 billion to Sri Lanka, 22.9% of its imports, ranking 1st among its suppliers. Its share was 20.2% in 2019 and 3.8% in 1995. In 183 products it sells more than 50% of what Sri Lanka buys of them (in 61, more than 75%); what Sri Lanka buys from China in those products (dominated value) adds up to $2.4 billion, 12.8% of its imports.

Summary

Share of its imports
22.9%
Value imported
$4.4billion
Rank among its suppliers
1st
Products where it sells over 50%
183
Products where it sells over 75%
61
Dominated value
$2.4billion
Share of total imports
12.8%

Trend

Trend in shares

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

Share (%)

  • China 22.9%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19951613.8%11
19961513.8%10
19971974.3%8
19982936.1%7
19992053.3%11
20002964.1%10
20012954.9%7
20022944.5%7
20033855.3%5
20045446.3%4
20057047.7%3
20068567.9%3
20079948.2%3
20081,2578.5%3
20099999.7%3
20101,38310.1%3
20112,29911%2
20122,77914.7%2
20133,00115.3%2
20143,44615.1%2
20153,97218%2
20164,28020.5%2
20174,27618.8%2
20184,25221.3%2
20194,14320.2%2
20203,81223.1%1
20215,26823.7%1
20223,61519.4%2
20233,32619.1%2
20244,39522.9%1

Products where China sells more than half

ProductSupplierShareSecondValue
Cameras and broadcast equipmentChina85.2%over 75%Vietnam · 2.7%$196 million
Synthetic filament fabricChina63.9%Taiwan · 9.1%$131 million
Synthetic filament yarnChina50.4%Italy · 7.9%$115 million
Electric motors and generatorsChina86.2%over 75%United States · 2.7%$114 million
CranesChina95%over 75%India · 1.3%$112 million
Alloy steel sheetChina99.1%over 75%Singapore · 0.58%$98 million
Synthetic staple fiber fabricChina72.1%India · 8.3%$81 million
ComputersChina72.2%Malaysia · 8.7%$77 million
Transformers and power suppliesChina75.7%over 75%India · 7.1%$76 million
Coated flat steelChina69.6%South Korea · 15.8%$73 million
Lamps and light fittingsChina91.8%over 75%India · 3%$52 million
Tulle and laceChina60.2%Italy · 13.3%$47 million
Monitors and projectorsChina69.3%Vietnam · 12.8%$46 million
VitaminsChina82.3%over 75%India · 6.8%$43 million
Lightweight polyester-cotton fabricChina59.8%Pakistan · 11.6%$41 million
Plastic-coated fabricChina69%South Korea · 5.6%$37 million
Aluminum sheetChina72.9%South Korea · 18.1%$37 million
Steel structuresChina65.7%India · 22.2%$36 million
Steel tanks and containersChina76.8%over 75%Thailand · 6.5%$35 million
Rayon fabricChina57%India · 17.9%$34 million
Air pumps, compressors and fansChina51.8%India · 19.5%$28 million
Bras and corsetsChina67.5%Hong Kong · 12.6%$28 million
Other iron or steel articlesChina60.4%India · 12.8%$27 million
Food processing machineryChina69.7%India · 9.2%$26 million
Silk fabricChina96.8%over 75%Italy · 2.8%$26 million
Heavy blended cotton fabricChina51.2%India · 24%$26 million
Diodes, transistors and solar cellsChina53.3%India · 36.5%$25 million
Linen fabricChina73.8%India · 18.1%$25 million
Knitted plush and terry fabricChina64.2%India · 10%$24 million
Harvesters and farm machineryChina77.8%over 75%Thailand · 13.5%$20 million

and 153 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%.

Are there other suppliers in the world?

Exports from the rest of the world already have buyers; the figure shows scale, not availability.

Seen from China

Sri Lanka is China’s 83rd-largest customer, with 0.12% of its exports.

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.