Of Sri Lanka’s fabric imports in the first eleven months of 2022, China and India were the top suppliers with a total contribution of more than 64 per cent.

Imports from China had a share of 38 per cent while India’s share was 26 per cent of the total. But Indian fabrics are gaining ground in the Sri Lankan textile market as imports from India are increasing in the island country compared to Chinese supplies.

Sri Lanka’s fabric imports from India are witnessing an upward trend as they have jumped by more than 50 per cent in four years, but imports from China have remained almost stable during the same period.Fabric imports from China to Sri Lanka have increased by just one per cent in four years. During the first seven months of 2022 fabric imports by the south Asian island nation of Sri Lanka remained volatile. The country’s fabric imports declined in March 2022 when the country faced economic problems, but it managed to control the damage quickly and imports rose again in the subsequent months indicating normal textile and apparel manufacturing.Import declined in March 2022 from February 2022, but recovered in April 2022. Sri Lankan inward shipment of the product again increased in May 2022 and June 2022 but dropped once again in July 2022.