China / Sri Lanka

Overview In July 2024, China exported $371M and imported $30.1M from Sri Lanka, resulting in a positive trade balance of $341M. Between July 2023 and July 2024 the exports of China have increased by $55M (17.4%) from $316M to $371M, while imports decreased by $-4.89M (-14%) from $35M to $30.1M.

Trade In July 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 July 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 July 2024 the exports of China were mainly from Guangdong Province ($89.8M), Zhejiang Province ($85.5M), Jiangsu Province ($53.7M), Shandong Province ($33.3M), and Fujian Province ($21.1M), while imports destinations were mainly Shanghai Province ($10.7M), Guangdong Province ($6.1M), Fujian Province ($3.64M), Jiangsu Province ($3.47M), and Beijing ($2.23M).

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