Fabric imports from India are gaining ground in the Sri Lankan textile market compared to Chinese imports. Sri Lanka’s fabric imports from India are witnessing an upward trend; they jumped by more than fifty per cent in four years. Imports from China remained almost stable during the same period.
Imports had amounted to $426.046 million in 2018 and $485.160 million in 2019, before declining to $410.881 million in 2020 due to the pandemic.