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Tuesday May 11th, 2021
Economy

Sri Lanka merchandise exports reach US$1,066.1mn in March 2021

ECONOMYNEXT – Sri Lanka exports had topped a billion US dollar to reach 1,066.1 million dollars in March 2021 sharply up 62.4 percent from a year ago when Coronavirus lockdowns hit shipment, the island’s export promotion office said.

Export earnings were up 11.5 percent in the first quarter of 2021 to 2,945.53 million US dollars.

Apparel exports were up 49 percent to 465 million US dollars, tea was up 99 percent to 124 million dollars rubber based products were up 80 percent to 100 million .

Coconut based products were up 109 percent to 80.14 million dollars, spices and essential oils were up 83 percent to 38 million US dollars.

Exports to the United States, Sri Lanka’s top export market grew 34 percent to 243 million US dollars, exports to UK grew 43 percent and to India 110 percent to 193 million US dollars.

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