header logo
සිංහලதமிழ்
Latest
Sri Lanka records highest ever export revenue in 2024
Jan 27, 202512:18 PM
Sri Lanka records highest ever export revenue in 2024

The latest report from the Sri Lanka Export Development Board (EDB) revealed that the country achieved a record-breaking total export revenue of US$ 16.17 billion in 2024.

 

This marks the highest-ever export earnings in Sri Lanka’s history, surpassing the previous peak of US$ 15.72 billion recorded in 2018.

 

The 2024 figure comprises US$ 12.70 billion from merchandise exports and US$ 3.46 billion from services exports, reflecting a strong performance across key sectors.

 

Provisional data from Sri Lanka Customs indicates that merchandise export earnings for December 2024 amounted to US$ 1,042.5 million, a 4.06% increase compared to December 2023. This growth was driven by higher earnings from Apparel & Textiles, Tea, Rubber-based products, Coconut-based products, Spices & Concentrates, and Food & Beverages.

 

Services exports for December 2024 were estimated at US$ 322.92 million, representing a significant 29.96% increase over the corresponding period in 2023.

 

As a result, total exports for December 2024, including merchandise and services, amounted to US$ 1,365.42 million, reflecting a moderate year-on-year growth of 9.21%.

 

 

 

MostRead
Mobitel 5g
VideoStories
Sri Lanka likely to face drought in July-August as El Nino threat grows - Met Dept.

Sri Lanka likely to face drought in July-August as El Nino threat grows - Met Dept.

Funds collected under ‘Rebuilding Sri Lanka’ initiative remain unused in Treasury DST account?

Funds collected under ‘Rebuilding Sri Lanka’ initiative remain unused in Treasury DST account?

Fuel import costs hit USD 522 million in May,highest monthly foreign reserve outflow

Fuel import costs hit USD 522 million in May,highest monthly foreign reserve outflow

Cabinet approves allocation of over Rs. 500 million for key development projects in 23 cities

Cabinet approves allocation of over Rs. 500 million for key development projects in 23 cities

“Govt. will fulfill public aspirations” Past welfare programs fostered political dependency: PM

“Govt. will fulfill public aspirations” Past welfare programs fostered political dependency: PM

"CPC incurring massive losses on fuel sales" Cabinet Spokesman says fuel price revisions inevitable

"CPC incurring massive losses on fuel sales" Cabinet Spokesman says fuel price revisions inevitable

“Preserving the Himalayas, a global responsibility” Nepal Embassy celebrates Int'l Sagarmatha Day

“Preserving the Himalayas, a global responsibility” Nepal Embassy celebrates Int'l Sagarmatha Day

“Sri Lanka is facing a massive economic crisis” Sajith urges govt. to act decisively (English)

“Sri Lanka is facing a massive economic crisis” Sajith urges govt. to act decisively (English)

"Fuel price hike relatively minor" Consumption must be reduced to prevent further hikes – Minister

"Fuel price hike relatively minor" Consumption must be reduced to prevent further hikes – Minister

Colombo streets illuminated with lanterns and pandols as Sri Lankans celebrated Vesak festival

Colombo streets illuminated with lanterns and pandols as Sri Lankans celebrated Vesak festival

Derana’s 24-hour ‘Vesak Dansala’ concludes successfully; 40,000 devotees participate in the event

Derana’s 24-hour ‘Vesak Dansala’ concludes successfully; 40,000 devotees participate in the event

“SL must be prepared to implement reforms”; GSP+ facility key for exporters to access EU market

“SL must be prepared to implement reforms”; GSP+ facility key for exporters to access EU market

Fuel prices increased again; Bus operators demand 5% fare hike, Tuk fare also likely to go up

Fuel prices increased again; Bus operators demand 5% fare hike, Tuk fare also likely to go up

Massive turnout as Derana’s 24-hour Vesak Dansala kicks off at Independence Square in Colombo

Massive turnout as Derana’s 24-hour Vesak Dansala kicks off at Independence Square in Colombo

Sri Lankans commemorate Vesak Poya; devotees invoke blessings island-wide

Sri Lankans commemorate Vesak Poya; devotees invoke blessings island-wide

Lassana Flora