Sri Lanka's Apparel Exports In May Remained Relatively Flat
Sri Lanka's apparel exports in May 2025 remained relatively flat with a slight dip of 0.63% compared to the same month last year, totaling US$365.08 million.
While shipments to the EU grew by 5.15% and exports to other markets rose sharply by 11.1%, this growth was offset by contractions in key markets. Exports to the USA and UK declined by 7.59% and 6.81% respectively, reflecting ongoing demand volatility in Western consumer markets.
Despite the dip in May, cumulative exports for the period January to May 2025 show a strong recovery trajectory, with total earnings increasing by 9.8% to reach US$2.02 billion. Exports to the EU (excluding UK) saw the most significant growth at 15.36%, followed by 13.12% growth in non-traditional markets. Shipments to the USA and UK also recorded moderate gains of 6.52% and 3.74% respectively.
Commenting on the performance, a JAAF says,“The industry's year-to-date performance demonstrates resilience and adaptability, driven by strategic market shifts and continued investment in value-added products. We are encouraged by the momentum, particularly in emerging and EU markets.”
To sustain this progress, JAAF reiterates the importance of a stable and predictable trade policy environment that enables long-term competitiveness and supports exporters navigating global headwinds.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.

Comments
No comment