Export Performance in June 2024

November 22, 2024

Economy

Export Performance in June 2024

July 24, 2024

The Export Development Board (EDB) stated that as per the provisional data released by the Sri Lanka Customs, the merchandise export performance in June 2024 amounted to US$ 1,031.2 million, recorded an increase of 2.58 % compared to the month of June 2023.

This was mainly due to the increase in earnings from export of Apparel & Textiles, Tea, Rubber based products, Coconut based products, Food & Beverages and Spices & Concentrates.

Furthermore, export performance in June 2024 increased by 1.97 % compared to May 2024.

Figure I shows Monthly Merchandise export performance from the year 2021 to June 2024.

The estimated value of services exports for the month of June 2024 was US$ 323.13 Million, increasing 39.05 % over the corresponding period of 2023.

Consequently, total exports for June 2024, including both merchandise and services, were recorded at US$ 1,354.32 million, increasing 9.42% over the corresponding period of 2023.

Figure 1: Monthly Merchandise Export Performance 2021-June 2024