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Sri Lanka's apparel exports to EU reach $417 mn in Jan-Apr 2024

Insights

• Sri Lankan apparel exports to the EU reached $****** million from Jan-Apr, showing promise for the year.
• Overall, garment exports totalled $************* million in 2023, down from a peak of $************** million in 2022.
• Exports had previously been $************** million in 2021 and $************** million in 2020.
• Global demand surged post-COVID, peaking in 2022.