📈 Sri Lanka Exports Hit Record US$ 7.39 Bn in First 5 Months

Sri Lanka’s export sector has achieved its highest-ever performance for the first five months of the year, signaling resilient economic recovery despite global headwinds. • Overall Performance: Total export earnings surpassed US$ 7.39 Bn, reflecting a strong year-on-year (YoY) growth of 7.56% compared to the same period last year. • Sector Dynamics: While traditional sectors like apparel & textiles face minor headwinds due to soft global demand (e.g., major manufacturers like Teejay Group reported a 10% YoY revenue dip), diversification efforts are picking up. • New Growth Engines: The Export Development Board (EDB) is heavily focusing on expanding petroleum-related and logistics exports, aiming to leverage national infrastructure to double future growth. • Bilateral Milestones: Currency developments show the Sri Lankan Rupee appreciating further against the US Dollar. Additionally, the EDB expects proposed Rupee-denominated trade mechanisms with India to lift bilateral commerce by 40% over the next two years. _Note: Figures are based on the latest provisional export data released on June 25, 2026._