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1Q exports top US $ 4bn

Daily Mirror - Sri Lanka

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April 24, 2025

Sri Lanka's export sector maintained its upward trajectory in March 2025, pushing the total first-quarter earnings to US $ 4.21 billion, up 5.87 percent year-on-year (YoY), the data from the Export Development Board (EDB) showed.

March exports rose 6.24 percent YoY to US $ 1.51 billion, with merchandise exports growing 5.87 percent to US $ 1.22 billion and services exports up 7.79 percent to US $ 291.12 million. Compared to February, total exports jumped 11.76 percent, reflecting improved momentum in both goods and services trade.

"This positive export performance underscores Sri Lanka's growing prominence in global trade and reflects the effectiveness of the ongoing efforts to enhance competitiveness," EDB Chairman Mangala Wijesinghe said.

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