Sri Lanka’s merchandise exports decreased by 1.96 % to US$ 1,037.5 Million in March 2023 compared to March 2022. Moreover, it is a 5.14 % decrease when compared to March 2021. Less demand created for major products in major markets due to the current economic situation further continues. Major Exports in March 2023 A. Products.
Sri Lanka’s Export Performance in December 2022 Earnings from the merchandise exports decreased by 9.7 % y-o-y to US$ 1,044 Mn in December 2022 as per the data released by the Sri Lanka Customs. This was mainly due to the decrease in export earnings from Apparel & Textiles, Tea, Rubber based Products, and Coconut based.
Instant tea is a powder to which water has been added in order for it to be made into tea. The patent was granted to a paste consisting of concentrated tea.
As per data released by Sri Lanka Customs, the earnings from merchandise exports have exceeded USD 11 billion from January to October 2022, the Export Development Board (EDB) says. This is a growth of 9.33% in comparison to the same period in 2021. The earnings from merchandise exports in the first ten months of last.
Earnings from the merchandise exports increased by 10.24 % y-o-y to US$ 1,213.7 Mn in August 2022 according to Customs data mainly due to the increase in earnings from export of Apparel & Textiles. The Export Development Board said last week. EDB Chairman/CEO, Suresh D. de Mel, congratulates the exporters for their great effort to […]