Sri Lanka’s merchandise exports dip by 5.6% in November 2024

Latest

Dec 23, 202401:04 PM

Add Ada Derana on Google

Add on Google

Sri Lanka’s merchandise exports dip by 5.6% in November 2024

Total exports for November 2024, including both merchandise and services, were recorded at US$ 1,269.33 million, reflecting a marginal increase of 0.04% compared to the same period in 2023, according to the Export Development Board (EDB).

As per the provisional data released by the Sri Lanka Customs, the merchandise export performance in November 2024 amounted to US$ 943.1 million, reflecting a 5.6% decline compared to November 2023. This decrease is primarily attributed to reduced earnings from exports of Rubber-based products, Electrical and Electronic components, Food & Beverages, and Seafood.

However, services exports for the month of November 2024 were estimated at US$ 326.23 Million, reflecting a 20.89 % increase over the corresponding period of 2023.

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead

MP Namal Rajapaksa arrested by Bribery Commission

21h ago

MP Namal Rajapaksa arrested by Bribery Commission

21h ago

Water cut in parts of Colombo and suburbs extended

15h ago

Water cut in parts of Colombo and suburbs extended

15h ago

UPDATE

MP Namal Rajapaksa remanded

18h ago

UPDATE

MP Namal Rajapaksa remanded

18h ago

UPDATE

MP Namal Rajapaksa taken to remand prison

17h ago

UPDATE

MP Namal Rajapaksa taken to remand prison

17h ago

UNP condemns Namal Rajapaksa’s arrest

16h ago

UNP condemns Namal Rajapaksa’s arrest

16h ago

MP Namal Rajapaksa produced before court

20h ago

MP Namal Rajapaksa produced before court

20h ago

Litro Gas prices reduced

4h ago

Litro Gas prices reduced

4h ago

UPDATE

Maximum retail prices set for locally produced canned fish

15h ago

UPDATE

Maximum retail prices set for locally produced canned fish

15h ago

Heavy rainfall expected in drought-hit areas today and tomorrow – Met Dept.

20h ago

Heavy rainfall expected in drought-hit areas today and tomorrow – Met Dept.

20h ago

Navy recovers remains of missing officer from Fast Attack Craft wreckage

21h ago

Navy recovers remains of missing officer from Fast Attack Craft wreckage

21h ago

VideoStories

Deadline ends for written submissions in relation to 22nd Amendment petitions

Energy Minister assures uninterrupted power supply despite coal shortage

SJB stages protest in Colombo against proposed 22nd Amendment Bill

Supreme Court concludes hearing of petitions challenging 22nd Amendment Bill

Sri Lanka approves US$1 million aid package for flood-hit Nepal

International drug trafficking network probed after 472kg of ‘Ice’ seized from Colombo Port

Ex-Minister Piyankara Jayaratne convicted; Sentenced to seven years of rigorous imprisonment

‘Welle Saranga’ arrested in Dubai; Multiple drug trafficking and murder claims surface

“Public trust key to a strong police service” Another 10,000 new officers to be recruited

“Loudspeaker misuse causing public inconvenience” Police to take stern action against offenders

"Govt. will not back down" Extension of judges’ retirement age a key reform,Justice Minister insists

Wheat flour price hiked by Rs. 17; Parata, egg roti prices to rise by Rs. 5

Trump says US is taking partial control of Venezuela's vast oil reserves

Sevanagala sugar factory halts production, staff granted leave