♤ Sri Lanka is one of the largest trading partners of India in South Asia.

♤ India in turn is Sri Lanka's largest trade partner globally.

♤ Trade between the two countries grew particularly rapidly after the entry into force of the India-Sri Lanka Free Trade Agreement in March 2000.

♤ Bilateral trade in 2015 amounted to US $ 4.7 billion. Exports from India to Sri Lanka in 2015 were US$ 4.1 billion (up by 2.1%), while exports from Sri Lanka to India were US$ 645 million (up by 3.2%) (MEA December 2016).

♤ According to Sri Lankan Customs, bilateral trade in 2016 amounted to US $ 4.38 billion. Exports from India to Sri Lanka in 2016 were US$ 3.83 billion, while exports from Sri Lanka to India were US$ 551 million.