Sri Lanka’s garment exports grow as textile shipments ease in Jan-Oct
During the first ten months of ****, textile exports eased by *.* per cent to $***.* million. This decline is linked to subdued demand for raw and intermediate textile products from local garment manufacturers and reduced re-export volumes. Over the same period, exports of other manufactured textile articles increased by *.* per cent to $**.* million, as per the Central Bank’s publication External Sector Performance – October ****.
Combined exports of textiles, garments, and other manufactured textile articles accounted for **.** per cent of all industrial exports from Sri Lanka during the ten-month period. Total textile product exports amounted to $*,***.* million between January and October ****, while the country’s overall industrial exports were valued at $*,***.* million for the same period. This underscores the continued dominance of the apparel sector in Sri Lanka’s industrial export base.
