China, Hong Kong SAR-Sri Lanka Bilateral Trade Analysis 2023
Complete trade statistics: $427.54M total volume •China, Hong Kong SAR surplus: $35.80M
China, Hong Kong SAR → Sri Lanka
$231.67M
Exports (2023)
Sri Lanka → China, Hong Kong SAR
$195.87M
Imports (2023)
Trade Balance
$35.80M
Surplus for China, Hong Kong SAR
Total Trade
$427.54M
Combined Volume
Trade Flow Visualization
Direct trade relationship between China, Hong Kong SAR and Sri Lanka. Green line shows exports from China, Hong Kong SAR, red line shows imports.
Detailed Product Trade Analysis
Comprehensive breakdown of trade flows by product category, revealing the specialized nature of the China, Hong Kong SAR-Sri Lanka commercial relationship and competitive positioning in global markets.
China, Hong Kong SAR → Sri Lanka Exports
Export Market Intelligence
🎯 Strategic Export Focus
China, Hong Kong SAR's export portfolio to Sri Lanka demonstrates strategic specialization, with turbo-jets: of a thrust exceeding 25kn representing a key competitive advantage in this bilateral market.
Sri Lanka → China, Hong Kong SAR Imports
Import Dependency Profile
📦 Import Strategy Analysis
China, Hong Kong SAR's import pattern from Sri Lanka reveals strategic sourcingin aquatic invertebrates: sea cucumbers (stichopus japonicus, holothuroidea), dried, salted or in brine, smoked, whether or not cooked before or during the smoking process, highlighting complementary economic structures and potential supply chain optimization opportunities.
Competitive Trade Position Analysis
Market Leadership
China, Hong Kong SAR demonstrates competitive strength in exportingturbo-jets: of a thrust exceeding 25kn to Sri Lanka, leveraging comparative advantages.
Trade Complementarity
The bilateral relationship showsstrongcomplementarity, with each country specializing in different sectors.
Growth Potential
The $427.54M trade volume indicates substantial economic integration with room for expansion in emerging sectors.
Executive Summary: China, Hong Kong SAR-Sri Lanka Trade Relationship
Key Trade Highlights 2023
- Total Trade Volume: $427.54 millionrepresenting a significant bilateral economic relationship
- Trade Balance: China, Hong Kong SAR maintains a surplus of $35.80 million
- Export Focus: China, Hong Kong SAR's primary exports include turbo-jets: of a thrust exceeding 25kn, fabrics: knitted or crocheted fabrics, other than those of headings 60.01 to 60.04,and other than those made of wool, fine animal hair, cotton, synthetic or artificial fibres, fabrics: narrow (excluding pile fabrics), containing by weight 5% or more of elastomeric yarn or rubber thread
- Import Dependencies: Key imports from Sri Lanka include aquatic invertebrates: sea cucumbers (stichopus japonicus, holothuroidea), dried, salted or in brine, smoked, whether or not cooked before or during the smoking process, stones: rubies, sapphires and emeralds, worked (other than simply sawn or roughly shaped), not strung, mounted or set, boards, panels, consoles, desks and other bases: for electric control or the distribution of electricity, (other than switching apparatus of heading no. 8517), for a voltage not exceeding 1000 volts
Strategic Trade Indicators
📈 Market Position: This bilateral trade relationship represents an important regional trade partnerships, with complementary economic strengths driving sustained commercial exchange.
Historical Trade Analysis & Economic Context
Trade Evolution Timeline
2019-2023: Recent Trends
Current trade volume of $427.54M represents the culmination of evolving bilateral commercial relationships, influenced by global supply chain shifts and changing economic priorities.
2015-2019: Growth Period
Sustained expansion in bilateral trade driven by complementary economic structures, with China, Hong Kong SAR leveraging its comparative advantages in turbo-jets: of a thrust exceeding 25kn.
2010-2015: Foundation Building
Establishment of modern trade frameworks and reduction of barriers, facilitating increased commercial exchange and investment flows between the two economies.
Pre-2010: Early Development
Initial stages of bilateral trade relationship development, with focus on traditional export-import patterns and gradual market integration.
Key Economic Drivers
Comparative Advantage
China, Hong Kong SAR's specialization in turbo-jets: of a thrust exceeding 25kncomplements Sri Lanka's demand patterns, creating natural trade synergies.
Supply Chain Integration
Deep integration in global value chains has strengthened bilateral linkages, particularly in aquatic invertebrates: sea cucumbers (stichopus japonicus, holothuroidea), dried, salted or in brine, smoked, whether or not cooked before or during the smoking process.
Market Access & Trade Policy
Favorable trade agreements and market access conditions have facilitated the growth of this $427.54M bilateral relationship.
Trade Pattern Insights
Trade Relationship Outlook
The $427.54M bilateral trade volume positions this relationship for continued growth, supported by technological advancement, evolving consumer preferences, and strengthening economic ties. Key opportunities lie in expanding cooperation in emerging sectors while managing potential supply chain vulnerabilities.
Economic Impact & Strategic Outlook
Economic Impact Assessment
Trade Volume Impact
The $427.54 million bilateral trade volume represents a important trade relationshipfor both economies.
Industrial Integration
Trade flows in turbo-jets: of a thrust exceeding 25kn and aquatic invertebrates: sea cucumbers (stichopus japonicus, holothuroidea), dried, salted or in brine, smoked, whether or not cooked before or during the smoking process demonstrate deep industrial linkages and supply chain integration.
Trade Balance Effects
China, Hong Kong SAR's trade surplus of $35.80 million strengthens its overall economic position in this bilateral relationship.
Strategic Future Outlook
🚀Growth Opportunities
⚠️Risk Factors
🎯Strategic Recommendations
- Strengthen cooperation in high-value sectors beyond current trade patterns
- Develop alternative supply chains to reduce dependency risks
- Explore joint ventures in emerging technology sectors
- Enhance trade facilitation and reduce transaction costs
Market Position & Competitive Summary
The bilateral trade relationship between China, Hong Kong SAR and Sri Lanka represents a total trade volume of $427.54 million in 2023. This partnership demonstrates a favorable trade balance for China, Hong Kong SAR, with exports exceeding importsby $35.80 million.
Export Strengths
China, Hong Kong SAR's exports to Sri Lanka total $231.67 million, with competitive advantages in turbo-jets: of a thrust exceeding 25kn, representing $32.17M or13.9% of bilateral exports.
Import Dependencies
Imports from Sri Lanka amount to $195.87 million, highlighting economic interdependence in aquatic invertebrates: sea cucumbers (stichopus japonicus, holothuroidea), dried, salted or in brine, smoked, whether or not cooked before or during the smoking process, with Aquatic invertebrates: sea cucumbers (Stichopus japonicus, Holothuroidea), dried, salted or in brine, smoked, whether or not cooked before or during the smoking process comprising7.7% of total imports.
The trade relationship reflects broader economic patterns and comparative advantages. The trade surplus indicates China, Hong Kong SAR's competitive position in this bilateral relationship. This partnership is characterized by complementary trade flows, with each country specializing in different product categories based on their respective economic strengths, industrial capabilities, and position in global value chains.
Download Bilateral Trade Data
Access detailed trade data between China, Hong Kong SAR and Sri Lanka in multiple formats.
Data Source: CEPII BACI (Base pour l'Analyse du Commerce International) • Last Updated: January 2025 • Coverage: 1995-2023