Sri Lanka's garment exports rise 8.9% to $2.4 bn in Jan-Jun 2025
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Sri Lanka's garment exports rise 8.9% to $2.4 bn in Jan-Jun 2025
Sri Lanka's garment exports rise 8.9% to $2.4 bn in Jan-Jun 2025
Garment exports from Sri Lanka reached $2,403.3 million during January–June 2025,
reflecting an 8.9 per cent increase compared to $2,206.3 million recorded in the same
period in 2024, according to statistics released by the Central Bank of Sri Lanka.
During the first half of 2025, textile exports eased by 3 per cent to $142.2 million. Over
the same period, exports of other manufactured textile articles increased by 9.3 per
cent, totalling $60.6 million, as reported in the Central Bank's publication External
Sector Performance – June 2025. Combined exports of textiles, garments, and other
manufactured textile articles accounted for 51.64 per cent of all industrial exports from
Sri Lanka during the six-month period. Total textile product exports amounted to
$2,605.8 million between January and June 2025, while the country’s overall industrial
exports were valued at $5,044.5 million for the same period. In June 2025, textile and
garment exports grew by 3.8 per cent year-on year, reaching $464.1 million. By
category, garment exports increased by 4.8 per cent to $428.7 million, while textile
exports dipped by 16.8 per cent to $24.1 million. During the same month, exports of
other manufactured textile articles rose by 24.7 per cent to $11.3 million, as reported
by the Central Bank. On the import side, textiles and textile articles rose by 0.7 per
cent to $1,336.4 million, while imports of clothing and accessories increased by 33.2
per cent, amounting to $131.9 million between January and June 2025. In June 2025,
imports of textiles and textile articles decreased by 4.2 per cent to $223.6 million, while
imports of clothing and accessories surged by 45 per cent year-on-year, reaching
$21.3 million. In 2024, the island nation’s garment exports totalled $4,660.1 million,
marking a 4.9 per cent increase.
Sri Lanka also exported textiles worth $294.5 million and other manufactured textile
articles worth $106.4 million during the year. The country imported textiles and textile
articles valued at $2,847.1 million and clothing and accessories worth $225.8 million
in 2024. In 2023, Sri Lanka's garment exports were valued at $4,440.6 million, a 19
per cent decrease from the $5,483.1 million exported in 2022. Meanwhile, imports of
textiles and textile articles fell by 22.6 per cent to $2,371.2 million, and imports of
clothing and accessories declined by 21.1 per cent to $170 million.