Sri Lanka’s exports surpassed USD 1bn mark in July after four months

Sri Lanka’s exports have surpassed the $ 1 billion mark in July after four months’ time period where a similar achievement was recorded in March during this year.

As per the figures released by the Sri Lanka Customs, Sri Lanka recorded exports worth US$ 1,099.41 million in July 2021, the highest ever monthly achievement, which showed an increase of 1.33% over US$ 1,085 million in July 2020 and an increase of 12.39 percent over US$ 978.2 million in July 2019.

Export Development Board (EDB) Chairman Suresh D de Mel said; “Sri Lanka’s exports show a remarkable rise despite the current pandemic situation across the World, thanks to the utmost courage, determination and continuous improvements shown by our exporters in sustaining export business during the pandemic.

Table 1: Merchandise Export Performance

                                                                                                            Values in US$ Mns

Table 2 : Top 10 Export Destinations

Table 3 : Export Regions

Export of Services

The services exports estimated by EDB which includes ICT/BPM, Construction, Financial Services, and Transport & Logistics recorded worth of US $ 1,885.88 Mn during the period of January to July 2021 compared to US$ 1,482.41 Mn recorded in the corresponding period of 2020.

Estimated service exports increased by 27.22 % during the period of January to July 2021 compared to the corresponding period of 2020.