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ECONOMY- Marked Growth in Export Revenue

 


Marked Growth in Export Revenue

At the start of 2026, Sri Lanka’s export sector has recorded a notable expansion, posting a 13.71% increase compared to the same period last year — signalling a renewed momentum in the country’s external trade performance.

According to statistics from Sri Lanka Customs, along with estimated data covering gem and jewellery exports, petroleum products, and services exports, total export earnings have risen to US$ 1,532.6 million.

Commenting on this performance, Mangala Wijesinghe, Chairman and Chief Executive Officer of the Sri Lanka Export Development Board (EDB), stated that the revenue recorded in January 2026 represents a strong start toward achieving the country’s annual export targets. He noted that the gradual recovery of international markets, sustained industrial capacity, and strategic export development initiatives demonstrate the growing competitiveness of Sri Lanka’s export sector.

He further expressed confidence that, with appropriate policy support and continued market diversification efforts under the NPP government’s economic strategy, Sri Lanka is well-positioned to sustain this positive trajectory throughout 2026.

In addition, several countries — including the United Kingdom and the European Union — are providing zero-tariff or preferential market access facilities for Sri Lankan-origin products, further strengthening the country’s export competitiveness in key global markets.

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