India and Sri Lanka’s bilateral merchandise trade reached $7.2 billion in 2025–26, as a 31-member delegation from the Federation of Indian Export Organisations (FIEO) met with Indian High Commissioner Santosh Jha to explore deeper economic collaboration.
Trade Growth and Economic Partnership
Sri Lanka’s exports to India have surged nearly 160% over the past five years, underscoring the accelerating trade momentum. Jha emphasized India’s role as Sri Lanka’s principal trading partner, largest source of foreign investment, and leading origin of tourist arrivals.
Key Trade Figures and Opportunities
- Bilateral merchandise trade: ~$7.2 billion (2025–26)
- Sri Lanka’s exports to India: +160% growth (5-year period)
- India’s supply focus: Refined petroleum, medicines, staple food
Strategic Implications for Businesses
The delegation’s visit reaffirmed commitments to strengthen supply chains, expand B2B linkages, and leverage complementary economic strengths. Jha highlighted India’s reliability as a supplier of essential commodities, signaling potential for further trade diversification.
With India maintaining its position as Sri Lanka’s top economic partner, the meeting underscores the strategic importance of bilateral trade for investors eyeing South Asian markets.
