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Trade between China and Sri Lanka

In 2024, China exported $4.4 billion to Sri Lanka and imported $354 million. China ran a surplus of $4 billion with Sri Lanka, compared with a surplus of $3.8 billion in 2019. Sri Lanka was China’s 92nd largest trading partner (0.1% of its trade), and China was Sri Lanka’s 2nd (14%).

Summary

China → Sri Lanka
$4.4billion
Sri Lanka → China
$354million
China’s balance
$4billion

Balance

China’s trade balance with Sri Lanka

Trade between China and Sri Lanka grew 29.2-fold since 1995

USD billions (current). China’s exports and imports; bars: its balance (green surplus, red deficit).

  • Exports 4.4
  • Imports 0.4
  • Balance +4

Source: CEPII BACI

Show the numbers
YearExportsImportsTrade balance
1995$161 million$2 million$159 million
1996$151 million$4 million$148 million
1997$197 million$9 million$188 million
1998$293 million$6 million$287 million
1999$205 million$11 million$195 million
2000$296 million$13 million$283 million
2001$295 million$10 million$285 million
2002$294 million$19 million$275 million
2003$385 million$23 million$363 million
2004$544 million$24 million$520 million
2005$704 million$38 million$666 million
2006$856 million$35 million$821 million
2007$994 million$53 million$941 million
2008$1.3 billion$66 million$1.2 billion
2009$999 million$72 million$927 million
2010$1.4 billion$113 million$1.3 billion
2011$2.3 billion$146 million$2.2 billion
2012$2.8 billion$164 million$2.6 billion
2013$3 billion$166 million$2.8 billion
2014$3.4 billion$233 million$3.2 billion
2015$4 billion$369 million$3.6 billion
2016$4.3 billion$269 million$4 billion
2017$4.3 billion$487 million$3.8 billion
2018$4.3 billion$321 million$3.9 billion
2019$4.1 billion$341 million$3.8 billion
2020$3.8 billion$305 million$3.5 billion
2021$5.3 billion$578 million$4.7 billion
2022$3.6 billion$381 million$3.2 billion
2023$3.3 billion$319 million$3 billion
2024$4.4 billion$354 million$4 billion

What they sell each other

What China sells to Sri Lanka

The top 10 headings in 2024, with their share of the total.

  1. Other knitted fabric$285 million · 6.5%
    40 thousand tonnes
  2. 2 thousand tonnes
  3. Synthetic filament fabric$131 million · 3%
    21 thousand tonnes
  4. Synthetic filament yarn$115 million · 2.6%
    29 thousand tonnes
  5. Electric motors and generators$114 million · 2.6%
    15 thousand tonnes
  6. Cranes$112 million · 2.6%
    29 thousand tonnes
  7. Alloy steel sheet$98 million · 2.2%
    156 thousand tonnes
  8. 16 thousand tonnes
  9. Computers$77 million · 1.7%
    293 tonnes · China’s destinations
  10. 5 thousand tonnes

What Sri Lanka sells to China

The top 10 headings in 2024, with their share of the total.

  1. Tea$56 million · 15.9%
    12 thousand tonnes
  2. Gemstones$53 million · 15%
    430 tonnes
  3. Activated carbon$26 million · 7.5%
    7 thousand tonnes
  4. T-shirts$22 million · 6.3%
    353 tonnes
  5. Coir, abaca and ramie$16 million · 4.5%
    78 thousand tonnes
  6. 192 tonnes
  7. Bras and corsets$10 million · 2.8%
    103 tonnes
  8. Knitted gloves$9 million · 2.6%
    394 tonnes
  9. 16 thousand tonnes
  10. Refined copper$8 million · 2.1%
    1 thousand tonnes · China’s sources

How it travels

Estimated sea route from Shanghai to Colombo.

The estimated sea route between Shanghai and Colombo is 3,837 nautical miles (7,106 km) long: ≈ 9–11.5 days at sea (at 18 and 14 knots).

Passages it crosses: Strait of Malacca and Singapore.

Sailing estimate without port calls, waiting or transshipment; not a schedule. One main reference port per country: in large countries it does not represent all of its ports.

Split by transport mode

  1. Sea$4.1 billion · 86.5%
  2. Air$642 million · 13.5%

Mode estimated from value per kilo and geography; both directions together.

How much each matters to the other

Sri Lanka was China’s 92nd largest trading partner (0.1% of its trade), and China was Sri Lanka’s 2nd (14%).

Sri Lanka in China’s trade
0.1%
Sri Lanka’s rank among China’s partners
92nd
China in Sri Lanka’s trade
14.2%
China’s rank among Sri Lanka’s partners
2nd

Compare with

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), in current US dollars, with exports and imports reconciled between countries. The transport mode is our own estimate based on value per kilo and geography. The sea route comes from our own network derived from World Bank shipping density (not from nautical charts), between one main reference port per country (World Port Index); days are the distance at 14 and 18 knots, without port calls or waiting. Data up to 2024.