China overtakes India as SL’s top trading partner

China overtook India to become Sri Lanka’s largest trading partner in 2025, driven by a sharp rise in imports, particularly vehicles, following the easing of restrictions, the Central Bank of Sri Lanka (CBSL) said. In its Annual Economic Review 2025, the CBSL said total trade with China reached about $ 5.5 billion, narrowly surpassing India at $ 5.4 billion, reversing India’s lead held from 2021 to 2024. The US remained the third largest partner

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