Sri Lanka’s clothing and textile exports in 2021 increased by 11.93% compared with the same period, reaching US$5.415 billion. Although apparel exports increased by 25.7%, exports of woven fabrics increased significantly by 99.84%. Among them, exports to the UK surged by 15.11%. <\/p>\n
Sri Lanka Export Development Board (EDB), according to provisional data released by the National Bureau of Statistics, clothing and textile export revenue in December 2021 increased by 17.88% over the same period to reach 531.05 million USD, of which 17.56% is clothing and 86.18% woven fabrics, with strong export performance. <\/p>\n
Sri Lanka\u2019s exports in 2021 were worth US$15.12 billion. When the data was released, the country\u2019s Trade Minister appreciated the exporters\u2019 contribution to the economy, although they must deal with unprecedented economic conditions. , and assured it that it would receive more support in 2011 to reach the US$20 billion target. <\/p>\n
At the 2021 Sri Lanka Economic Summit organized by the Ceylon Chamber of Commerce (CCC) in December 2021, Aroon Hirdasdfssdfsrasdfssdfsmasdfssdfsni Group Director Aroon Hirdasdfssdfsrasdfssdfsmasdfssdfsni said: “The goal of the Sri Lankan garment industry is to fully By increasing investment in the local supply chain, the export value can reach US$8 billion by 2025. Due to the origin standards, only about half of Sri Lanka\u2019s garment exports comply with the general preferential tariff (GSP+). This standard involves whether the garments are fully sourced from Countries applying for preferential treatment.”<\/p<\/p>\n","protected":false},"excerpt":{"rendered":"
Sri Lanka’s clothing and textile exports in 2021 increased by 11.93% compared with the same period, reaching US$5.415 billion. Although apparel exports increased by 25.7%, ex…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[46],"class_list":["post-3425","post","type-post","status-publish","format-standard","hentry","category-textile-fabric-news","tag-db"],"_links":{"self":[{"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/posts\/3425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3425"}],"version-history":[{"count":0,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=\/wp\/v2\/posts\/3425\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.textile-fabric.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}