Sri Lanka's garment exports up 22.7% to $428 million in Jan 2025

During January 2025, textile exports from Sri Lanka increased by 3.9 per cent, totalling $23.9 million. During the same period, exports of other manufactured textile articles remained stable at $9.1 million, as reported by the Central Bank.

The combined exports of textiles, garments, and other manufactured textile articles accounted for 55.67 per cent of all industrial exports from Sri Lanka during this period. Total textile product exports amounted to $461.3 million in January 2025, while Sri Lanka’s overall industrial exports were valued at $828.3 million during the period.

In terms of imports, textiles and textile articles saw a 3.6 per cent rise, totalling $232.7 million, while imports of clothing and accessories increased by 23.4 per cent, amounting to $22.6 million in January 2025.

During the last year 2024, the island nation’s garment exports totalled $4,660.1 million, showing a 4.9 per cent increase. Sri Lanka had also exported textiles of $294.5 million and other manufactured textile articles of $106.4 million during the year. The country imported textiles and textile articles of $2,847.1 million and clothing and accessories of $225.8 million in 2024.

In 2023, Sri Lanka's garment exports were valued at $4,440.6 million, a 19 per cent decrease from the $5,483.1 million exported in 2022. Meanwhile, imports of textiles and textile articles dropped by 22.6 per cent to $2,371.2 million, and imports of clothing and accessories declined by 21.1 per cent, totalling $170.0 million in 2023.

ALCHEMPro News Desk (KUL)