During the same period, textile exports from the island nation increased by 6.2 per cent year-on-year to $270.5 million. However, exports of other made-up textile articles stood at $90.7 million during January-September 2022, registering a negative growth of 3.7 per cent, according to the central bank’s report titled ‘External Sector Performance – August 2022’.
Textiles, garment, and other made-up textile articles’ exports together accounted for 57.20 per cent of all industrial exports from Sri Lanka during the period under review, the report showed.
On the other hand, imports of textiles and textile articles rose by 9.1 per cent to $2,407.2 million, while clothing and accessories imports were up by 8.4 per cent to $169.9 million during January-September 2022.
During the month of September 2022, garment and textile exports from the South Asian nation registered a growth of 5 per cent year-on-year. Category-wise, garment exports increased by 5 per cent to $442.8 million, while textile exports rose by 8.3 per cent to $29.6 million. The exports of other made-up textile articles were down by 3 per cent to $9.2 million.
ALCHEMPro News Desk (KUL)
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