Sri Lanka's garment exports dip 4.5% in Jan-May; May shows recovery - Textile Fashion News Fibre2Fashion Sponsored Join Our Exclusive Free Webinar on Strategic Intelligence for Apparel Sourcing Leaders | Register Now Source innovative home
Netherlands retail turnover rises 2.9% in May Türkiye's S&P data shows moderation in manufacturing health in June India's manufacturing index falls in June amid softer demand: S&P Apparel/Garments | Sri Lanka's garment exports dip 4.5% in Jan-May; May shows recovery 03 Jul '263 min read shutterstock.com Insights Sri Lanka's apparel sector remains the backbone of industrial exports, contributing over **** per cent despite weaker global demand. While garment exports declined during January-May, May recorded a recovery, suggesting demand may be stabilising. Falling textile imports also point to softer manufacturing activity and cautious sourcing across the supply chain. During the first five months of * * * * , textile exports decreased by * . * per cent to $ * * * . * million. Over the same period, exports of other manufactured textile articles eased by * . * per cent to $ * * . * million, as per the Central Bank’s publication ‘External Sector Performance – May * * * *’. Combined exports of textiles, garments, and other manufactured textile articles accounted for * * . * * per cent of all industrial exports from Sri Lanka during the first five months of this year. Total textile product exports amounted to $ * , * * * . * million between January-May * * * * , while the country’s overall industrial exports were valued at $ * , * * * . * million over the same period. This underscores the continued dominance of the apparel sector in Sri Lanka’s industrial export base, despite ongoing global demand volatility. In May * * * * , textile and garment exports increased by * . * per cent year-on-year to $ * * * . * million. By category, garment exports grew * . * per cent to $ * * * . * million, while textile exports decreased by * * . * per cent to $ * * . * million. During the same month, exports of other manufactured textile articles were down * * . * per cent to $ * . * million. On the import side, textiles
