Sri Lanka Exports Maintain Momentum despite Global Pressures

Sri Lanka’s export sector recorded $14.43 billion in earnings during the first 10 months of 2025, reflecting a 6% year-on-year increase, according to the Export Development Board (EDB). October earnings reached $1.47 billion, showing slight growth despite flat month-on-month performance.

Merchandise exports rose 6.53% to $11.37 billion, driven by gains in apparel, tea, coconut-based products and electronics. Services exports led by ICT/BPM, transport and logistics generated $3.06 billion, rising 4.01% YoY.

The US remained Sri Lanka’s largest export destination, while India overtook the UK as the second-largest market in the January–October period, with exports surging 19.31%. Exports to the EU also recorded double-digit growth.

EDB Chairman Mangala Wijesinghe said the results highlight the resilience and adaptability of Sri Lankan exporters despite global uncertainties. The EDB remains confident of meeting its $19 billion export target for 2025

 

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