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How dependent is Sri Lanka on India?

In 2024, India sold $4.2 billion to Sri Lanka, 22.1% of its imports, ranking 2nd among its suppliers. Its share was 20.7% in 2019 and 9.5% in 1995. In 98 products it sells more than 50% of what Sri Lanka buys of them (in 35, more than 75%); what Sri Lanka buys from India in those products (dominated value) adds up to $1.6 billion, 8.2% of its imports.

Summary

Share of its imports
22.1%
Value imported
$4.2billion
Rank among its suppliers
2nd
Products where it sells over 50%
98
Products where it sells over 75%
35
Dominated value
$1.6billion
Share of total imports
8.2%

Trend

Trend in shares

India went from 9.5% to 22.1% of what Sri Lanka buys

Share (%)

  • India 22.1%

Source: CEPII BACI

Show the numbers
YearValue (USD millions)ShareRank
19953979.5%2
199645911.4%1
199746410.1%1
19984349%3
19995989.5%1
20006679.2%2
200167411.2%1
200291914%1
20031,18916.3%1
20041,43816.5%1
20051,53016.8%1
20061,91917.7%1
20072,96024.3%1
20082,95920%1
20091,80617.6%1
20102,90121.1%1
20114,76122.8%1
20123,81920.2%1
20134,21221.4%1
20146,63229%1
20155,62725.5%1
20164,50621.6%1
20174,63420.4%1
20184,66823.4%1
20194,23820.7%1
20203,29019.9%2
20214,89522%2
20225,35728.8%1
20233,62820.8%1
20244,24022.1%2

Products where India sells more than half

ProductSupplierShareSecondValue
Medicines in measured doses or retail packsIndia54.9%Pakistan · 9.7%$225 million
Cane and beet sugarIndia58.3%United Arab Emirates · 15.9%$217 million
Cargo and cruise shipsIndia99.6%over 75%United Kingdom · 0.2%$145 million
Dredgers and floating cranesIndia100%over 75%United States · 0.01%$126 million
Lightweight cotton fabricIndia66.4%China · 17.6%$93 million
Cotton yarnIndia71.1%Vietnam · 10.2%$83 million
Pepper, dried chili and paprikaIndia97.7%over 75%Pakistan · 2.1%$82 million
RiceIndia83.7%over 75%Pakistan · 11.8%$70 million
Carbon black and other carbonIndia81.8%over 75%China · 11.3%$49 million
Coated paperIndia51.8%China · 31.9%$44 million
Ceramic tilesIndia78.5%over 75%China · 20%$35 million
Activated carbonIndia66.3%Philippines · 18.8%$30 million
Blended cotton yarnIndia79.5%over 75%Vietnam · 7.2%$26 million
TractorsIndia70.2%China · 10.9%$25 million
Detergents and surfactantsIndia54.1%China · 15.4%$23 million
Fragrance mixturesIndia61.1%Singapore · 11.3%$23 million
TugboatsIndia82.5%over 75%Saudi Arabia · 17.4%$19 million
Spark-ignition enginesIndia64.6%Japan · 17.8%$17 million
Anise, coriander and cumin seedsIndia58.5%Russia · 11.9%$15 million
Alloy steel wire rodIndia93.4%over 75%China · 6.6%$10 million
Artificial staple fiber yarnIndia53.4%China · 40.7%$8 million
Nitrogen heterocyclic compoundsIndia62.2%China · 31.6%$7 million
Wood charcoalIndia59.4%Indonesia · 40.2%$7 million
Home appliancesIndia63.8%China · 30.4%$7 million
Reclaimed rubber in primary forms or sheetsIndia80.2%over 75%China · 11.4%$7 million
Other inorganic acids and nonmetal oxidesIndia54.8%China · 36.1%$6 million
Spark plugs, starters and ignition equipmentIndia66.3%China · 11.7%$6 million
Women's blousesIndia66.7%Bangladesh · 21.5%$6 million
Leather footwearIndia67.9%China · 24.6%$6 million
Eggs in shellIndia89.5%over 75%Spain · 10.2%$5 million

and 68 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 India

Sri Lanka is India’s 30th-largest customer, with 0.92% 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.