Merchandise Exports Rise 1.3%: Resilience Amid Geopolitical Volatility

 Fresh data from the Export Development Board (EDB) released today shows that Sri Lanka’s merchandise exports reached $1.06 billion in February 2026, a 1.32% increase compared to last year. While traditional pillars like Apparel (-10%) and Tea (-3.7%) faced headwinds due to the Red Sea crisis.Electrical and Electronic components saw a staggering 54% surge, while coconut-based products grew by 25%.EDB Chairman Mangala Wijesinghe noted that despite the “energy market volatility,” Sri Lanka is maintaining its momentum. This shift toward high-value, tech-based exports is a positive sign for the logistics sector, as these goods often require specialized, high-security, and climate-controlled warehousing compared to traditional bulk commodities.

Source: EconomyNext – Sri Lanka goods exports rise 1.32-pct in Feb, amidst drop in tea, apparel – March 26, 2026