Sri Lanka’s total exports for November 2024 reached $1,269.33 million, showing minimal year-on-year growth at 0.04%, the Export Development Board (EDB) said.
While merchandise exports fell by 5.6%, strong performances in services, especially ICT and logistics, buoyed the overall numbers.
According to provisional data by the Sri Lanka Customs, the merchandise exports in November amounted to USD 943.1 million, with the decreased attributed to reduced earnings from exports of rubber-based products, electrical and electronic components, food and beverages as well as seafood.
However, services exports for the month of November 2024 were estimated at US$ 326.23 Million, reflecting a 20.89 % increase over the corresponding period of 2023, the EDB said. (Islandnews)
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