Story perspectives
Sri Lanka Apparel Exports Rise Despite US, UK Declines
3/24/2025
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Story summary
- Sri Lanka's apparel exports reached $407.93 million in February 2025, marking a 2.3% increase.
- Exports to the US decreased by 7.43% to $153.11 million, and UK exports fell 14.58% to $54.85 million.
- EU exports rose 7.54% to $120.69 million, while exports to other countries surged 39.85% to $79.28 million.
- Total apparel exports for January-February 2025 increased by 12% to $845 million compared to 2024.
- The industry is exploring alternative strategies due to challenges in the US and UK markets.
