Sri Lanka’s exports earnings surge 10.3% in January 2025
(Photo by Christoph Theisinger on Unsplash)
Sri Lanka’s export earnings for January 2025 reached USD 1.334 billion, marking a strong start to the year with a 10.3% increase compared to January 2024.
According to the Export Development Board (EDB), merchandise exports for the month exceeded USD 1 billion, reflecting a 3.51% increase from the same period in 2024.
The growth in merchandise exports was primarily driven by higher earnings from apparel and textiles, tea, coconut-based products, diamonds, gems and jewellery, spices and concentrates, and food and beverages.
Additionally, services exports for January 2025 were valued at USD 329.37 million, showing a significant year-on-year increase of 37.87%.
Among Sri Lanka’s top 15 export markets, the United States, India, the United Kingdom, and the European Union all saw positive growth during the month.
Latest Headlines in Sri Lanka
- Supreme Court orders CEB to pay interest on consumer deposits February 28, 2025
- Sri Lanka’s exports earnings surge 10.3% in January 2025 February 28, 2025
- Two brothers killed in violent clash at funeral in Baddegama February 28, 2025
- Man arrested after shooting kills 9-year-old girl in Kuliyapitiya February 28, 2025
- Netherlands expresses interest in port investments in Sri Lanka February 27, 2025
