📈 SL Customs Surpasses January Revenue Target in 22 Days

Sri Lanka Customs has demonstrated a strong start to the year, exceeding its monthly revenue goals well ahead of schedule based on provisional data. • Overall Performance: Collected Rs. 175.4 billion by January 22, surpassing the initial monthly target of Rs. 160.2 billion by approximately 9.5%. • Growth Drivers: Revenue was bolstered by an acceleration in container clearance following disruptions from Cyclone Ditwah in November. Increased import volumes recorded in December also played a pivotal role in the early surplus. • Historical Context: This follows a record-breaking 2025, where Customs collected Rs. 2,551 billion—a 64.2% YoY increase from 2024 (Rs. 1,553 billion). • 2026 Outlook: The annual target is set at Rs. 2.2 trillion, a 13.5% reduction compared to 2025. This conservative estimate accounts for an anticipated sharp decline in motor vehicle imports.