Sri Lanka records $ 884 million in exports in May 2021 – Lanka Business Online

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The performance of Sri Lanka’s export sector managed to manage its growth momentum in May 2021 with the challenges of the Covid-19 pandemic.

According to statistics released by Sri Lanka Customs, Sri Lanka’s merchandise exports in May 2021 amounted to US $ 884.2 million, an increase of 50.71% from US $ 586.7 million US in May 2020.

Sri Lanka’s merchandise exports in January-May 2021 amounted to US $ 4,583.56 million, an increase of 32.61% from US $ 3,456.32 million in January-May 2020.

Export performance of goods Values ​​in US $ millions

Merchandise exports january-may
2019
january-may
2020
january-may
2021
% growth (20-21) May
2020
May
2021
% growth (20-21)

Clothing

2 248.68

1,534.61

2,064.17

34.51

218.83

370.87

69.48

Tea

571.77

456.72

526.62

3:30 p.m.

108.28

109.23

0.88

Rubber products

376.33

280.31

424.47

51.43

51.19

91.18

78.12

Coconut products

259.50

216.63

317.19

46.42

51.80

66.71

28.78

Electronics and electronic components

162.26

113.07

164.28

45.29

21.66

35.19

62.47

Spices and concentrates

119.65

82.77

162.01

95.74

19.29

25.24

30.84

Food and drinks

158.57

124.70

147.66

18.41

23.88

30.23

26.59

Diamonds, precious stones and jewelry

134.50

61.04

107.04

75.36

6.61

14.19

114.67

Seafood

122.18

74.79

90.60

21.14

11.53

15.05

30.53

Ornamental fish

6.91

4.40

5.94

35.00

0.46

0.90

95.65

Other export crops

11.82

29.85

23.53

-21.17

5.08

4.53

-10.83

Vegetables

13.53

9.66

9.57

-0.93

1.75

1.74

-0.57

Fruits

17.97

14.19

14.82

4.44

2.83

2.84

0.35

Flowers & Foliage

8.36

5.16

5.69

10.27

0.80

0.94

17.50

Boat building

2.86

1.33

1.48

11.28

0.42

0.53

26.19

Oil products

133.45

141.01

51.12

-63.75

27.07

27.71

2.36

Other

497.38

306.08

467.37

52.70

35.22

87.14

147.42

Total merchandise exports 4 845.72 3456.32 4,583.56 32.61 586.70 884.22 50.71

Top 10 export destinations

Country january-may
2020
january-may
2021
% growth (20-21) May
2020
May
2021
% growth (20-21)

1

United States

905.10

1,133.71

25.26

145.51

213.11

46.46

2

UK

296.21

366.53

23.74

42.56

72.29

69.85

3

India

220.53

302.63

37.23

38.08

55.28

45.17

4

Germany

195.85

286.00

46.03

35.63

53.80

51.00

5

Italy

135.66

226.02

66.61

09/18

40.45

123.60

6

Belgium

94.35

132.18

40.10

15.65

26.71

70.67

7

Netherlands

88.16

162.10

83.87

16.56

27.11

63.71

8

China

71.21

116.96

64.25

12.96

20.91

61.34

9

Canada

71.92

114.98

59.87

12.73

20.47

60.80

ten

turkey

68.27

81.43

19.28

15.72

15.98

1.65

Other markets

1 309.07

1,661.04

26.89

233.21

338.11

44.98

Total merchandise exports 3456.32 4583.56 32.61 586.70 884.22 50.71

Export regions

Region january-may
2020
january-may
2021
% growth (20-21) May
2020
May
2021
% growth (20-21)

EU excluding UK

741.95

1,135.99

53.11

128.84

210.05

63.03

United States

905.10

1,133.71

25.26

145.51

213.11

46.46

South Asia

333.13

455.88

36.85

50.58

94.87

87.56

ASEAN countries

80.79

123.63

53.03

14.94

23.58

57.83

CIS countries

118.30

112.52

-4.89

16.60

22.94

38.19

African countries

102.96

102.58

-0.37

22.99

20.01

-12.96

Middle Eastern countries (excluding Cyprus and Egypt)

278.86

310.32

11.28

62.14

66.39

6.84

Other

895.23

1 208.93

35.04

145.10

233.27

60.76

Total merchandise exports 3456.32 4583.56 32.61 586.70 884.22 50.71

Export of services

EDB’s estimated service exports which include ICT / BPM, construction, financial services, and transportation and logistics show exports of US $ 1,194.3 million for the period January to April 2021, compared to 1,021 , US $ 9 million recorded in the corresponding period of 2020.

Estimated service exports increased by 16.87% in the first four months of 2021 compared to the corresponding period of 2020.

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