Sri Lanka records USD 1,114 mn exports in April 2024 - Adaderana Biz English bizenglish.adaderana.lk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizenglish.adaderana.lk Daily Mail and Mail on Sunday newspapers.
Sri Lanka’s total exports reached US$ 14.94 Bn in 2023 including merchandise exports (US$ 11.85Bn) and estimated service exports (US$ 3.08 Bn).It is only a 0.39 % decline when compare to the value recorded in previous year (US$ 14.99 Bn).Estimated increase in service exports is around 63%. Sri Lanka’s Export Performance in December 2023 Sri.
Germany s economy contracted slightly in 2023, with a year-on-year decline of 0.3%, according to preliminary data from Destatis. The country faced challenges such as high energy costs, elevated interest rates, and reduced foreign demand. The economic downturn was primarily attributed to the impact of Russia s war in Ukraine, leading to rising inflation, particularly in energy prices.