Related Keywords: central bank, contributes fifty two percent to total exports, expenditure on textile and textile articles, garment exports to both traditional and non-traditional markets, imports plunged at a faster percent, improves in January, increase recorded in fabrics imports, international market, Sri Lankan export earnings from textiles and garments
Sri Lankan export earnings from textiles and garments, which contributed nearly 52 percent to the total exports, improved by 13.3 percent in January 2016, reversing the declining trend prevailed in last quarter of 2015.
But actually exports declined 2.5 percent to 893.9 million US dollars in January 2016 from a year earlier while imports plunged at a faster 5.5 percent to 1,589.1 million US dollars, according to official data.
