Apparel Exports / Sri Lanka

Sri Lanka's Apparel Exports Show Highest Ever Growth, Jan-Aug'22 Clocks 20.24% Jump

Sri Lanka's apparel industry has posted its strongest ever export earnings through the first eight months of a year at the end of August 2022, the Sri Lankan Apparel Exporters Association (SLAEA) has announced.

Staff Writer

22 September 2022

1 minute

Long Story, Cut Short

Export earnings for 2022 stand at $3,850 million registering an increase of 20.24% over the $3,202 million earned during the first eight months of 2021.

The month of August was the third straight month where apparel exports exceeded the $500 million mark with export earnings of $534.85 million earned during the month.

Silver Streak The month of August was the third straight month where apparel exports exceeded the $500 million mark with export earnings of $534.85 million earned during the month. Orna Wachman / Pixabay

Sri Lanka's apparel industry has posted its strongest ever export earnings through the first eight months of a year at the end of August 2022, the Sri Lankan Apparel Exporters Association (SLAEA) has announced.

Export earnings for 2022 stand at $3,850 million registering an increase of 20.24% over the $3,202 million earned during the first eight months of 2021.

The month of August was the third straight month where apparel exports exceeded the $500 million mark with export earnings of $534.85 million earned during the month.

This number translates to a 19% higher earning when compared to August 2021.

TAGS

Country:

Sri Lanka

Organisation:

Sri Lankan Apparel Exporters Association

External Links

Sri Lankan Apparel Exporters Association

Table 1: **Export of apparel to all countries: August 2022**
	2017 ($ Mn)	2018 ($ Mn)	2019 ($ Mn)	2020 ($ Mn)	2021 ($ Mn)	2022 ($ Mn)
Knitted Products	237.00	242.00	295.78	246.72	280.10	341.13
Woven Products	165.00	194.00	168.58	142.85	159.50	185.52
Other Products	10.00	8.00	8.23	27.12	9.68	8.20
Total	412.00	444.00	472.59	416.69	449.28	534.85

Table 2: **Apparel export trade revenue of all countries: January 2022 to August 2022 (cumulative)**
	2017 ($ Mn)	2018 ($ Mn)	2019 ($ Mn)	2020 ($ Mn)	2021 ($ Mn)	2022 ($ Mn)
Knitted Products	1,733.00	1,785.00	1,999.52	1,480.56	1,939.31	2,324.70
Woven Products	1,354.00	1,437.00	1,477.95	1,047.19	1,183.04	1,448.24
Other Products	53.00	59.00	67.42	166.03	79.19	76.66
Total	3,140.00	3,281.00	3,544.89	2,693.78	3,201.54	3,849.60

Dated posted: 22 September 2022
Last modified: 22 September 2022

Sri Lanka's Apparel Exports Show Highest Ever Growth, Jan-Aug'22 Clocks 20.24% Jump

Sri Lanka's apparel industry has posted its strongest ever export earnings through the first eight months of a year at the end of August 2022, the Sri Lankan Apparel Exporters Association (SLAEA) has announced.

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