📈 Sri Lanka Exports Exceed US$ 10 Bn in Jan–Jul 2026

Sri Lanka’s total exports (merchandise and services) grew by 5.5% YoY to reach US$ 10.49 Bn during the first seven months of 2026, driven by strong growth in services and select manufacturing sectors. • Overall Performance (Jan–Jul 2026) • Total Exports: US$ 10,487.80 Mn (+5.5% YoY) • Merchandise Exports: US$ 8,188.32 Mn (+5.05% YoY) • Services Exports: US$ 2,299.48 Mn (+7.02% YoY) • Monthly Figures (July 2026) • Total July Exports: US$ 1,637.26 Mn (+2.63% YoY) • July Services: US$ 351.92 Mn (+3.75% YoY) • July Merchandise: US$ 1,285.31 Mn (-1.3% YoY) _(provisional data)_ • Key Sector Highlights (Jan–Jul 2026) • ICT/BPM: Reached US$ 1,022.25 Mn (+14.54% YoY), boosting the knowledge economy. • Electrical & Electronic Components: Surged 57.69% YoY to US$ 377.91 Mn. • Food & Beverages: Grew 19.23% YoY to US$ 405.22 Mn, led by processed food (+33.11%). • Spices and Concentrates: Rose 14.32% YoY to US$ 280.49 Mn (cinnamon exports to Mexico +85.54%). • Coconut-based Products: Increased 10% YoY to US$ 726.64 Mn. • Rubber & Rubber-Based Products: Up 4.92% YoY to US$ 579.55 Mn. • Sectors Facing Decline (Jan–Jul 2026) • Apparel & Textiles: Fell 6.50% YoY to US$ 2,879.69 Mn due to weak demand in US (-2.99%), EU (-8.42%), and UK (-11.06%). • Tea: Dropped 7.53% YoY to US$ 817.53 Mn, impacted by lower exports of bulk tea and tea packets, particularly to the Middle East. • Seafood: Decreased 3.73% YoY to US$ 138.08 Mn.