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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...
Sri Lanka’s merchandise exports increased by 4.4% to US$ 968.8 Million in November 2023 compared to October 2023 as per the provisional data released by the Sri Lanka Customs.However, it is a 2.67 % decrease when compared to the value recorded in November 2022. The Figure 1 shows the comparison of Monthly Merchandise Export Performance...
Sri Lanka’s merchandise exports decreased by 11.88 % to US$ 951.5 Million in September 2023 compared to September 2022 as per the provisional data released by the Sri Lanka Customs. Also, it is a 14.94% decrease when compared to the value recorded in August 2023. The decline in merchandise exports is due to decreased demand...
Sri Lanka’s Export Performance in April 2023 Sri Lanka’s merchandise exports decreased by 16.15 % to US$ 814.1 Million in April 2023 compared to April 2022. Moreover, it is a 0.5 % decrease when compared to April 2021. Declining trend in merchandise exports further continues due to the negative trends shown in major export products....
Sri Lanka’s merchandise exports decreased by 1.96 % to US$ 1,037.5 Million in March 2023 compared to March 2022. Moreover, it is a 5.14 % decrease when compared to March 2021. Less demand created for major products in major markets due to the current economic situation further continues. Major Exports in March 2023 A. Products...