šŸ“ˆ SL Exports Soar to Record US$ 14.43 Bn in Jan-Oct 2025!

Source

• Overall Performance (Jan-Oct 2025): Total exports hit a historic high of US$ 14.43 Bn, recording a strong 6.0% YoY growth over 2024. This marks the first time exports have exceeded US$ 14 Bn in the first ten months, realizing 80% of the annual US$ 18 Bn target. • Merchandise exports grew by +6.53% (US$ 11.37 Bn), while Services exports increased by +4.01% (US$ 3.06 Bn). • Key Sector Growth Highlights (Cumulative): • Record Breaker: Coconut products surpassed US$ 1 Bn for the first time, skyrocketing by a phenomenal +43.83% YoY. • Leading Industries: Apparel & Textiles exports were up +5.56% (US$ 4.44 Bn), and Tea exports increased by +8.72% (US$ 1.29 Bn). • Knowledge Economy: ICT/BPM exports were a key driver in Services, growing by +9.25% (US$ 1.33 Bn). • Top Markets & Regional Insights: • Cumulative exports saw significant growth to India (+19.31%) and the EU region (+12.56%). Exports to the USA, the largest single market, grew by +2.68%. • October 2025 Snapshot: Total exports were US$ 1.47 Bn (+0.16% YoY, +2.2% MoM). Key monthly drivers included Coconut based products soaring by +60.46% YoY and ICT/BPM up by +26.71% YoY.

Listen to this article

Duration: 2:04