Exports from Sri Lanka increased for the first time since September 2022 by 0.4% year-on-year to USD 999 million in November 2023, due to an improvement in agricultural exports, particularly tea, as well as mineral exports. Conversely, industrial exports fell, amid lower export earnings from garments, animal fodder, machinery, and mechanical appliances. source: Central Bank of Sri Lanka
Exports in Sri Lanka averaged 778.41 USD Million from 2002 until 2023, reaching an all time high of 1247.80 USD Million in June of 2022 and a record low of 251.30 USD Million in April of 2002. This page provides the latest reported value for - Sri Lanka Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Sri Lanka Exports - values, historical data and charts - was last updated on January of 2024.
Exports in Sri Lanka is expected to be 1150.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Sri Lanka Exports is projected to trend around 1500.00 USD Million in 2024 and 1620.00 USD Million in 2025, according to our econometric models.
Sri Lanka Exports
Sri Lanka exports mostly textiles and garments (52% of total exports) and tea (17%). Others include: spices, gems, coconut products, rubber and fish. Main export partners are United States, United Kingdom, Germany, Belgium and Italy.
Actual | Previous | Highest | Lowest | Dates | Unit | Frequency | ||
---|---|---|---|---|---|---|---|---|
999.00 | 928.00 | 1247.80 | 251.30 | 2002 - 2023 | USD Million | Monthly |