Sri Lanka\u2019s export earnings rose 5.04% year-on-year to US$13.61 billion in the first nine months of 2026, supported by growth in merchandise and services exports, with electrical and electronic components, spices and processed food among the strongest-performing sectors.<\/p>\n\n\n\n
Total exports during January\u2013September increased from US$12.96 billion in the corresponding period last year, according to the latest figures released by the Sri Lanka Export Development Board (EDB). Merchandise exports grew 5.35% to US$10.76 billion, while services exports increased 3.88% to US$2.85 billion, reflecting continued expansion across both segments.<\/p>\n\n\n\n
September recorded particularly strong growth, with total exports rising 17.23% year-on-year to US$1.69 billion. Merchandise exports surged 21.66% to US$1.39 billion, while services exports edged up 0.67% to US$306.17 million. Among the key sectors, electrical and electronic components recorded the strongest growth during the first nine months, with earnings increasing 61.05% to US$508.86 million. Exports of spices, essential oils and oleoresins rose 30.53% to US$430.53 million, while food and beverages grew 20.90% to US$526.31 million.<\/p>\n\n\n\n
Rubber and rubber-based products generated US$773.88 million, up 8.44%, while coconut-based products increased 3.68% to US$942.5 million. ICT and business process management exports also expanded 3.69% to an estimated US$1.24 billion. However, apparel and textile exports declined 5.68% to US$3.78 billion, while tea exports fell 6.83% to US$1.08 billion. Seafood exports recorded a 2.03% contraction during the period. The United States remained Sri Lanka\u2019s largest merchandise export destination, accounting for approximately 20.3% of total merchandise exports. India overtook the United Kingdom to become the second-largest destination, with exports rising 12.3% to US$889.84 million. EDB Chairman and Chief Executive Officer Mangala Wijesinghe said sustaining growth would require greater competitiveness, value addition, innovation, technology adoption and market diversification.<\/p>\n\n\n\n
The National Export Development Plan 2026\u20132030 targets annual export earnings of US$36 billion by 2030, providing a framework to expand market access, promote investment and strengthen the country\u2019s export sector.<\/p>\n\n\n\n
Source : Daily News<\/p>\n","protected":false},"excerpt":{"rendered":"
Sri Lanka\u2019s export earnings rose 5.04% year-on-year to US$13.61 billion in the first nine months…<\/p>\n","protected":false},"author":4,"featured_media":7896,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-7895","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t