Earnings from the merchandise exports increased by 9.9 % y-o-y to US$ 980.2 Mn in May 2022 as per the data released by the Sri Lanka Customs. This was mainly due to the increase in earnings from export of Apparel & Textiles, Coconut based products and Electrical & Electronic Components.
Merchandise Export Performance (Values in US$ Mns)
| Exports of Goods | Jan-May 2020 | Jan-May 2021 | Jan-May 2022 | % Growth | May 2021 | May 2022 |
% Growth |
|
Apparel & Textiles |
1,534.6 |
2,064.2 | 2,400.6 | 16.3 | 370.9 | 482.7 |
30.1 |
| Tea |
456.7 |
526.6 | 460.9 | -12.5 | 109.2 | 93.7 |
-14.2 |
| Rubber-based |
280.3 |
424.5 | 414.3 | -2.4 | 91.2 | 76.7 |
-15.9 |
| Coconut-based |
216.6 |
317.2 | 350.0 | 10.4 | 66.7 | 70.6 |
5.8 |
| Diamond, Gems & Jewelry |
61.0 |
107.0 | 115.0 | 7.5 | 14.2 | 16.9 |
18.8 |
| Electronics & Electronic Components |
113.1 |
164.3 | 188.3 | 14.6 | 35.2 | 41.8 |
18.8 |
| Spices and Essential Oils |
82.8 |
162.0 | 128.6 | -20.6 | 25.3 | 21.5 |
-14.9 |
| Food & Beverages |
124.7 |
147.7 | 164.6 | 11.5 | 30.2 | 32.2 |
6.4 |
| Seafood |
74.8 |
90.6 | 105.8 | 16.7 | 15.1 | 16.8 |
11.8 |
| Ornamental Fish |
4.4 |
5.9 | 7.1 | 19.7 | 0.9 | 1.3 |
41.1 |
| Vegetables |
9.7 |
9.6 | 9.7 | 1.7 | 1.7 | 1.8 |
1.1 |
| Fruits & Nuts |
14.2 |
14.8 | 12.8 | -13.4 | 2.8 | 2.3 |
-18.3 |
| Other Export Crops |
29.9 |
23.5 | 34.1 | 45.0 | 4.5 | 10.8 |
139.1 |
| Flowers & Foliage |
5.2 |
5.7 | 6.0 | 6.3 | 0.9 | 1.1 |
18.1 |
| Boat Building |
1.3 |
1.5 | 5.3 | 254.7 | 0.5 | 0.1 |
-73.6 |
| Petroleum Products |
141.0 |
51.1 | 72.2 | 41.1 | 27.7 | 7.1 |
-74.4 |
| Others |
368.3 |
575.8 | 670.0 | 16.4 | 94.6 | 102.9 |
8.7 |
| Total Merchandize Exports |
3,518.6 |
4,692.0 | 5,145.4 | 9.7 | 891.7 | 980.2 |
9.9 |
“Article from LBO”
