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Sri Lanka's garment exports up 5.2% to $4.2 bn in Jan-Nov 2024

03 Jan '25
2 min read
Sri Lanka's garment exports up 5.2% to $4.2 bn in Jan-Nov 2024
Sri Lanka's garment exports up 5.2% to $4.2 bn in Jan-Nov 2024

Insights

  • In 2024, Sri Lanka saw a *.* per cent increase in garment exports, reaching $****.*** million in the first eleven months, despite a *.* per cent decline in textile exports.
  • The overall industrial exports totalled $*,***.* million, with textiles and garments comprising over half.
  • Imports of textiles and clothing also rose significantly during this period.

From January to November ****, textile exports from Sri Lanka saw a year-on-year decline of **.* per cent, totalling $***.* million. During 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 – November ****&#**;.

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 November ****, while Sri Lanka&#**;s overall industrial exports were valued at $*,***.* million for the same period.

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