Apparel is Sri Lanka’s largest industrial export and earned $5.95 billion in 2022, helping the country as it weathered its worst financial crisis since independence in 1948, triggered by a record reduction in foreign exchange reserves. But the industry’s first-quarter performance in 2023 has ...
Annual Export Revenue January - August 2024 All countries $3,158.80 Mn Cumulative USA $1,267.75 Mn Cumulative EU $914.70 Mn Cumulative WE ARE SLAEA SLAEA Members Founded in 1982, the Sri Lanka Apparel Exporters Association is the pioneer association for the apparel exporters industry in Sri Lan...
当地媒体报道,2009年,斯里兰卡茶叶和服装对印度出口激增。今年上半年,两国的贸易也开始从衰退中复苏。 Tea and clothing are the main agricultural and industrial export products. Despite quota restrictions under the India India free trade agreement, tea and clothing exports to India increased by 136% and ...
COLOMBO, Jan. 22 (Xinhua) -- Sri Lanka earned a record 5.3 billion U.S. dollars from its apparel exports in 2019, showing a 5.1 percent year on year increase, according to the Joint Apparel Association Forum (JAAF). However, a slight decline in export earnings was recorded in December 2...
Sri Lanka’s economy boasts a thriving export sector, and establishing a strong presence in key markets like the UK can significantly enhance business growth. According to the UK’s Department for Business & Trade, exports from Sri Lanka to the UK totalled GBP 1 billion across...
Recently, the Sri Lanka garment industry, which is an important export earning industry, is in crisis. The recent downturn in the European market has made the Sri Lanka garment industry even worse.
Founded in 1982, the Sri Lanka Apparel Exporters Association is the pioneer association for the apparel exporters industry in Sri Lanka. It has a membership of 72 apparel manufacturers in the country, sharing the ultimate goal of making Sri Lanka the number one apparel sourcing destination in the...
According to statistics from the Department of Commerce, Sri Lanka's total trade with China increased by 3 percent last year to 4.6 billion U.S. dollars from 4.47 billion U.S. dollars in 2016. Last year, leading Sri Lankan exports to China were ships and boats, apparel, Ceylon Tea and ...
Sri Lanka’s apparel exporting sector, for instance, mainly supplies the EU and US with middle‑ to high‑end products, many of which require advanced design and production techniques, as well as high levels of quality control. Many Sri Lankan companies are now actively promoting CSR, while...
Sri Lanka’s population enjoys the status of being one of the most literate among other developing nations, and boasts of a literacy rate of 92%. Furthermore statistics show that 83% of the people have had Secondary Education. The country employs a system of free education, implemented in 19...