China / Sri Lanka

Overview In September 2024, China exported $395M and imported $27M from Sri Lanka, resulting in a positive trade balance of $368M. Between September 2023 and September 2024 the exports of China have increased by $60.5M (18.1%) from $334M to $395M, while imports decreased by $-13.3M (-33%) from $40.4M to $27M.

Trade In September 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 September 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 September 2024 the exports of China were mainly from Zhejiang Province ($92.5M), Guangdong Province ($85.2M), Shanghai Province ($49.7M), Jiangsu Province ($40.9M), and Shandong Province ($39.1M), while imports destinations were mainly Shanghai Province ($8.49M), Guangdong Province ($5.6M), Jiangsu Province ($5.18M), Fujian Province ($2.71M), and Beijing ($1.38M).

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