Sri Lanka’s merchandise exports were recorded at $12.48 bn in 2021, surpassing the country’s export revenue target of $12.14 bn, citing provisional data from the Export Development Board (EDB) reported recently.
Minister of Trade Bandula Gunawardena was quoted as saying that Sri Lanka’s merchandise export revenue grew 24.17 percent to $12.48 bn between January and December 2021. “Hard work and commitment of industrialists along with the government’s decision of speedy vaccination of the country’s workforce started yielding results,” Gunawardena said in a statement.
Export growth in 2021 was buttressed by a 22.93 percent growth in exports of apparel and textiles, a 25.81 percent growth in export of coconut and coconut based products, and a 33.87 percent growth in the export of rubber and rubber finished products. The top destinations for Sri Lankan exports in 2021 include the United States, Britain, India, Germany and Italy.
