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Sri Lankan apparel exports decline in first two months of current year

Related Keywords: Central Bank of Sri Lanka, first two months of current year, garment exports to the EU and the US, industrial exports made by South Asian nation, Sri Lanka Apparel Exporters Association, Sri Lankan apparel exports declined, textiles and apparel

Sri Lankan apparel exports declined by 11.3 percent to $822.4 million in the first two months of the current year compared to exports of $927.5 million in the corresponding period of the last year. According to the data released by the Central Bank of Sri Lanka, textiles and apparel accounted for about 61.95 percent of all industrial exports made by the South Asian nation during the two-month period.

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