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May 2021 exports up 50% YoY

21 Jun 2021

Sri Lanka’s merchandise exports in May 2021 was $ 884.2 million, an increase of 50.71% over $ 586.7 million in May 2020 Year-over-Year (YoY), according to statistics released by Sri Lanka Customs, the Export Development Board (EDB) announced yesterday (21). Merchandise exports from January to May 2021 was $ 4,583.56 million, an increase of 32.61% over $ 3,456.32 million in the corresponding period in 2020. “We are happy to see that export levels are reaching fast to the pre-Covid-19 levels despite the continuous multiple challenges faced by our exporters with intermittent travel restrictions and local area isolations. Maximum efforts are being taken to secure the export orders in hand while attracting new orders to the country – the responsibility of the authorities are to facilitate the exporters in every possible way to keep them operating,” noted EDB Chairman Suresh de Mel. The EDB noted that in May 2021, all the products recorded a positive growth, except vegetables and other export crops. A strong export growth was recorded for almost all products during the period of January to May 2021, with the exception of petroleum products, vegetables, and other export crops. Exports of rubber-based products, coconut products, and spices  and concentrates recorded the highest export value thus far. 


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