Exports exceed...

Total exports, comprising both merchandise and services in October reached to $ 1.47 billion, a 0.16% growth from a year earlier.

- 

Merchandise exports in October grew merely by 0.2% year-on-year (YoY) to over $ 1.15 billion according to provisional data of Sri Lanka Customs including the estimates for gems and jewellery, coconut and coconut-based products, electrical and electronics, food and beverages.

During the period from January to October 2025, merchandise exports totalled $ 11.37 billion, up 6.53% YoY.

Services exports have emerged as a key driver of overall export growth. In October 2025, earnings from services exports was estimated to be $ 316.14 million.

Over the first 10 months of the year, services exports are estimated to have increased by 4.01% YoY, totalling $ 3.06 billion. This trend highlights the rising importance of Sri Lanka’s knowledge-based economy and its growing contribution to national export earnings.

The services export sector, comprising ICT/BPM, Construction, Financial services, and Transport and Logistics, continues to diversify Sri Lanka’s export portfolio and create high-value employment opportunities countrywide.

As per the data shared by the EDB, apparel and textile exports saw a robust 5.56% YoY increase between January and October of 2025, reaching over $4.44 billion.

Agriculture exports also witnessed a remarkable growth during the first 10 months. Tea exports, which comprised 12% of total merchandise exports, rose by 8.72% YoY to over $ 1.28 billion, whilst coconut-based exports increased by 43.83% YoY to $ 1.03 billion.