Export

Sri Lankan Apparel Exports Increase 7.72% In March 2024

Textile Insights May 7, 2024

Sri Lanka’s apparel exports stood at US $418.33 million in March 2024, an increase of 7.72 percent over the same month of previous year. March’s performance represents the highest monthly export earnings since reaching $442.6 million in December 2022 and the highest level so far in

Apparel, Fashion, Retail

Sri Lanka’s Apparel Sector Unveils New Transparency Initiative

Textile Insights March 7, 2024

Sri Lanka’s apparel sector has unveiled a unified QR code system for clothing labels and is designed to significantly improve visibility throughout the entire supply chain. The Sri Lankan clothing sector by launching the code is responding to the global call for heightened transparency and sustainability in manufacturing practices. The garment industry has

Export

Sri Lankan Exports Of Apparel Drop 18.81% In 2023

Textile Insights February 14, 2024

Sri Lankan exports of apparel in 2023 amounted to US $4,535 million, dropping by 18.81 percent compared to $5,591 million in 2022 Of this exports of knitted garment totaled $2,705 million in the previous year, down 20.13 percent as against $3,387 million in 2022 Woven clothing overseas shipments reached $1,735 million in the reporting year, […]

Economy

Sri Lankan Textile & Garment Exports Dip 18.8% In Jan To Nov

Textile Insights January 9, 2024

In the period between January and November 2023, Sri Lankan exports of textiles and apparels decreased 18.84 percent from a year ago period to US $4.42 billion. Of this, earnings from garment exports declined 20 percent in the first eleven months of 2023, while overseas shipments of textiles fell slower at 4.84 percent as against […]

Export

MAS Holdings Bags 16 Sri Lankan Presidential Exports Awards

Textile Insights November 28, 2023

MAS Holdings, one of the biggest Sri Lankan apparel and accessories exporter along with its subsidiaries bagged 16 Presidential Exports Awards for 2021-22 and 2022-23 in recognition of its contribution to the export sector. MAS Active in addition to the two overall exporter awards for both years, winning the Overall Market Diversified Exporter of the […]

Export

Sri Lankan Apparel Exports Plunge 26% in Jan-Sept Period

Textile Insights November 4, 2023

The garment industry which accounts for around 45 percent of Sri Lanka’s export earnings saw apparel exports plunge 26 percent over a year ago period in the first nine months of the current year. Between January and September 2023, Sri Lankan clothing exports slipped to $3.34 billion, down 26 percent over the comparable months of […]