Sri Lanka’s garment exports surged by 13.7 per cent during January-April 2022 to $1,769.9 million as against exports of $1,556 million in the same period of previous year, according to the statistics released by the Central Bank of Sri Lanka.
Sri Lankan textile exports increased by 13.3 per cent year-on-year to $112.2 million during the period. However, exports of other made-up textile articles declined by 4.3 per cent Y-o-Y to $42.6 million during January-April 2022, according to the Central Bank’s report ‘External Sector Performance – April 2022’.
On the other hand, Sri Lanka’s imports of textiles and textile articles rose by 23.8 per cent to $1,161.7 million, while clothing and accessories imports surged by 25.3 per cent to $93.9 million during January-April 2022.
During the month of April 2022, garment exports increased 21.5 per cent to $409.3 million. The export of textiles rose 37 per cent to $28.2 million from the same period of last year while exports of other made-up textile articles up 19.7 per cent to $10.2 million in the same period.