šŸ“ˆ Sri Lanka Customs Revenue Surges 29.5% in 1H 2026, Exceeds June Target by 22%

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• Overall Figures: Sri Lanka Customs collected Rs. 1.37 trillion (Rs. 1,373.8 Bn) during the first half (1H) of 2026, marking a 29.5% increase compared to the same period last year. This cumulative collection achieves 62.2% of the department's full-year target of Rs. 2,207 Bn. • June Performance: Revenue for June 2026 surged to Rs. 225.2 billion, beating the monthly target of Rs. 184.9 billion by 22%. • Growth Drivers & Context: The revenue boost was driven by stronger enforcement, improved valuation practices, and a recovery in import volumes. The 2026 full-year target is 13.5% lower than 2025's record collection of Rs. 2,551 billion, which reflects an expected sharp decline in vehicle imports. Despite lower targets, performance continues to exceed expectations, continuing a trend from 2025 where the department beat its revised target of Rs. 2,241 billion.

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