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Sri Lankan ongoing export push continue narrowing its trade deficit

Related Keywords: exports to EU United States, Sri Lankan trade deficit, Sri Lankan trade deficit, textile and garment export

Sri Lankan trade deficit for the six months ended June (1H’14) narrowed 20.1 percent to US $ 3.55 billion, driven by exports which grew by 16.8 percent YoY to Rs. 5.44 billion. However, the imports during 1H’14 edged down by only 1.2 percent YoY to US $ 8.99 billion.

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