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Sri Lanka's garment exports up 4% to $3.3 bn in Jan-Sept 2024

08 Nov '24
2 min read
Sri Lanka's garment exports up 4% to $3.3 bn in Jan-Sept 2024
Sri Lanka's garment exports up 4% to $3.3 bn in Jan-Sept 2024

Insights

  • Sri Lanka's garment exports reached $**** million in Jan-Sept 2024, a *.* per cent increase from the previous year.
  • However, textile exports declined by *.* per cent, totalling $***.* million.
  • Imports of textiles and clothing rose significantly, with textiles up by *.* per cent.
  • In 2023, garment exports dropped by * per cent to $****.* million, and textile imports fell by *.* per cent.

From January to September ****, textile exports from Sri Lanka saw a year-on-year decline of **.* per cent, totalling $***.* million. In the same period, exports of other manufactured textile articles rose by *.* per cent, amounting to $**.* million, as reported in the Central Bank&#**;s publication titled External Sector Performance – September ****.

The combined exports of textiles, garments, and other manufactured textile articles accounted for **.** per cent of all industrial exports from Sri Lanka during this period. Total textile product exports amounted to $*,***.* million between January and September ****, while Sri Lanka&#**;s overall industrial exports were valued at $*,***.* million for the same period.

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