Sri Lanka’s textile and garment export profits climbed 28.7% yr on year to $ 1,699 million in the initial 4 months of 2021, in accordance to figures presented by the Central Bank of Sri Lanka. Textile exports grew by 41.2 per cent to $ 98.9 million, though attire exports grew by 27.3 percent to $ 1,556 million.
Exports of other textile items grew 59 % to $44.5 million in April 2021, according to the report “External Sector Overall performance-April 2021.” Around the four months, textile and garment exports accounted for 57.62 p.c of all industrial exports from Sri Lanka. Sri Lanka’s textile and textile imports grew by 22.1 percent to $ 938.6 million from January to April 2021, when attire and equipment imports fell by 12.2 p.c to $ 74.9 million. Sri Lanka’s textile and attire export profits grew by 461.2 percent to $ 366 million in April 2021, compared to $ 65.2 million in April 2020. Textile and textile products paying increased by 55.5 % 12 months around year. Clothing and accessory imports grew by 57.8% to $ 19.2 million, bringing the full to $ 228.4 million.