Sri Lanka’s Exports Soar to US$ 5.5 Billion in First Four Months of 2025

Sri Lanka’s export sector demonstrated robust growth in the first four months of 2025, with total exports reaching US$ 5.58 billion, marking a 6.9% increase compared to the same period in the previous year. This impressive performance includes both merchandise and services exports, with April 2025 alone seeing an 8.74% year-on-year growth to US$ 1.29 billion.

Merchandise exports for January to April 2025 climbed to US$ 4.33 billion, up by 6.86%, while services exports were a significant driver, estimated at US$ 1.19 billion, a 7.06% increase. Key sectors fueling this surge include:

• Apparel & Textile: US$ 1.49 billion (+11.59%)
• Tea: US$ 478.29 million (+6.23%)
• Coconut products: US$ 331.3 million (+25.3%)
• Spices and Essential Oils: US$ 142.98 million (+63.44%)
• Food & Beverages: US$ 181.98 million (+14.65%)

The United States remains Sri Lanka’s largest export market. Notably, India has emerged as the second-largest destination, surpassing the UK, with exports surging by nearly 40%. Exports to the European Union also showed strong growth. This positive trend highlights Sri Lanka’s growing global trade presence despite some declines in sectors like Rubber, Seafood, and Electronic Components.

Source: SriLankaBusiness.com (“Sri Lanka’s Exports Surge to US$ 5.5 Billion in First Four Months of 2025”)