In the first four months of 2021, Sri Lanka’s textile and garment export revenues increased 28.7 per cent year-on-year to $ 1,699 million, show statistics released by the Central Bank of Sri Lanka. The country’s textile exports increased by 41.2 per cent to $ 98.9 million and clothing exports increased 27.3 per cent to $ 1,556 million.

As per the report ‘External Sector Performance-April 2021’ exports of other textile products increased 59 per cent to $44.5 million. Textile and garment exports accounted for 57.62 per cent of all industrial exports from Sri Lanka over the four months.

From January to April 2021, Sri Lanka’s textile and textile imports also increased by 22.1 per cent to $ 938.6 million, and clothing and accessories imports decreased 12.2 per cent to $ 74.9 million. In April 2021, Sri Lanka’s textile and clothing export revenues increased by 461.2 per cent to $ 366 million, compared to $ 65.2 million in exports for the same month in 2020. Expenditure on on textiles and textile products surged by 55.5 per cent year-on-year. Import of clothing and accessories increased 57.8 per cent to $ 19.2 million to $ 228.4 million.

By Fashionating World
https://www.fashionatingworld.com/new1-2/sri-lanka-s-textile-and-garment-export-revenues-increase-28-7-per-cent