Sri Lanka’s Export Sector Grows 6.9% in First Four Months of 2025
- CNL Reporter
- May 27, 2025
- Business News
- Sri Lanka’s Export Sector
- 0 Comments
Sri Lanka’s export sector posted strong growth in the first four months of 2025, with total earnings reaching $5.58 billion, a 6.9% increase compared to the same period last year, according to the Sri Lanka Export Development Board (EDB). This growth reflects the sector’s resilience, strategic diversification, and adaptability in a dynamic global trade environment.
In April 2025, total exports—comprising both merchandise and services—stood at $1.29 billion, up 8.74% year-on-year (YoY). Merchandise exports alone surged 12.05% YoY to $983.3 million, driven by higher earnings from key product categories, while services exports were estimated at $309.3 million, reflecting a 7.06% rise over April 2024.
EDB Chairman and CEO Mangala Wijesinghe credited the growth to continued efforts to improve market access and strengthen competitiveness, noting Sri Lankan exporters’ ability to adapt to shifting global market conditions.
:
Apparel and Textiles: Export earnings jumped 13.52% YoY in April to $364.5 million. Cumulative earnings reached $1.49 billion from January to April, with exports to the US and UK up 10.25% and 6.41%, respectively.
