Sri Lanka has witnessed a marginal decline in exports in August 2025 compared to the same period last year, alongside steady cumulative growth across the first eight months of the year.
In August 2025, total apparel exports stood at $479.14 million, reflecting a 1.33 per cent decrease compared to August 2024. Exports to the US recorded a modest gain of 0.92 per cent, while shipments to the EU and UK saw declines of 4.83 per cent and 2.6 per cent respectively. Exports to other destinations remained unchanged year-on-year.
Despite the August dip, the sector maintained positive momentum over the January–August 2025 period. Total exports grew by 7.48 per cent to $3.39 billion, compared with $3.16 billion during the same period in 2024. This growth was underpinned by strong demand from the EU (up 14.66 per cent), supported by gains in the US (2.58 per cent), the UK (4.54 per cent), and other markets (9.45 per cent), the Joint Apparel Association Forum (JAAF) said in a release.
“The month of August reflects the volatility in global markets, with pressure on exports to the EU and UK. However, our year-to-date performance demonstrates resilience, particularly with strong growth into the EU. The industry continues to face challenges, but remains focused on competitiveness, diversification, and sustained engagement with key trading partners,” JAAF said.
JAAF reaffirmed its commitment to working closely with policymakers and stakeholders to ensure Sri Lanka’s apparel industry maintains stability and captures emerging opportunities in an uncertain global environment.
ALCHEMPro News Desk (HU)
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