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Exports exceed $ 14.4 b in first 10 months
Daily FT
|November 26, 2025
SRI Lanka's export sector continues to show strong resilience, registering over $ 14.43 billion in total exports during the first 10 months of 2025, a 6% year-on-year (YoY) growth, despite month-on-month export earnings was flat.
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The latest figures, released by the Sri Lanka Export Development Board (EDB), showed a steady upward trajectory in both merchandise and services exports, despite growing competitiveness and uncertainties in the global markets.
"This encouraging growth highlights Sri Lanka's increasing integration into global trade and the success of our continued efforts to strengthen export competitiveness, while diversifying market opportunities. Our exporters have once again proven their resilience and adaptability in navigating evolving global challenges," EDB Chairman and CEO Mangala Wijesinghe told journalists yesterday.
In October 2025 alone, total exports, comprising both merchandise and services reached to $ 1.47 billion, a 12.33% growth from a year earlier.
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 knowledgebased economy and its growing contribution to national export earnings.
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