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Sri Lanka’s textile export to experience highest rate of growth in 2018

Related Keywords: achieving USD20 billion, apparel and textile export segment, export earnings by 2020, growth engine for exports in the year ahead, likely to experience highest rate of growth, overseas shipment in 2018, Sri Lanka, Sri Lanka focus, survey conducted by Oxford Business Group, textile and apparel voted, Textile backbone of Sri Lanka trade

Sri Lanka's apparel and textile export segment is likely to experience the highest rate of growth in overseas shipment in 2018 as Sri Lanka focus on achieving $20 billion in export earnings by 2020, Sri Lanka CEO survey have resoundingly voted for textile and apparel as the growth engine for exports in the year ahead, as per the a recent survey conducted by the Oxford Business Group (OBG).

Textile is considered the backbone of Sri Lanka's trade able sector comprising 47% of total exports in 2016.

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