Export Performance of Major Sectors
Table 1: Merchandise Export Performance
Values in US$ Mns
| Exports of Goods | Jan-Mar 2020 | Jan-Mar 2021 | % Growth | Mar 2020 | Mar 2021 | % Growth |
| Apparel | 1,250.86 | 1,328.26 | 6.19 | 312.10 | 465.35 | 49.10 |
| Tea | 270.07 | 338.12 | 25.20 | 62.52 | 124.61 | 99.31 |
| Rubber-based | 203.34 | 268.54 | 32.06 | 55.80 | 100.69 | 80.45 |
| Coconut-based | 136.93 | 194.69 | 42.18 | 38.24 | 80.14 | 109.57 |
| Diamond, Gems & Jewelry | 53.38 | 64.90 | 21.58 | 7.02 | 20.04 | 185.47 |
| Electronics & Electronic Components | 81.95 | 102.04 | 24.51 | 20.70 | 37.90 | 83.09 |
| Spices and Essential Oils | 51.40 | 114.30 | 122.37 | 13.05 | 38.71 | 196.63 |
| Food & Beverages | 86.97 | 92.83 | -15.62 | 29.45 | 32.18 | 9.27 |
| Seafood | 57.00 | 56.36 | -1.12 | 12.76 | 25.41 | 99.14 |
| Ornamental Fish | 3.69 | 3.78 | 2.44 | 0.98 | 1.87 | 90.82 |
| Vegetables | 6.68 | 5.97 | -10.63 | 1.76 | 2.69 | 52.84 |
| Fruits | 9.22 | 9.10 | -1.30 | 2.29 | 3.61 | 57.64 |
| Other Export Crops | 23.03 | 14.16 | -38.51 | 6.20 | 7.56 | 21.94 |
| Flowers & Foliage | 3.95 | 3.72 | -5.82 | 1.41 | 1.57 | 11.35 |
| Boat Building | 0.91 | 0.64 | -29.67 | 0.39 | 0.33 | -15.38 |
| Petroleum Products | 105.73 | 9.95 | -90.59 | 28.20 | 8.80 | -68.79 |
| Others | 304.49 | 347.17 | 14.02 | 63.33 | 114.64 | 81.02 |
| Total Merchandize Exports | 2,649.60 | 2,954.53 | 11.51 | 656.20 | 1,066.10 | 62.47 |
Sources: Sri Lanka Customs / Sri Lanka Export Development Board
Sri Lanka’s Trade Performance in Major Markets
Top 10 Export Destinations
| Country | Jan-Mar 2020 | Jan-Mar 2021 | % Growth | Mar 2020 | Mar 2021 | % Growth | |
| 1 | United States | 708.76 | 715.40 | 0.94 | 180.86 | 243.61 | 34.70 |
| 2 | United Kingdom | 238.76 | 225.90 | -5.39 | 58.93 | 84.53 | 43.44 |
| 3 | India | 173.32 | 193.44 | 11.61 | 36.72 | 77.21 | 110.27 |
| 4 | Germany | 142.25 | 180.17 | 26.66 | 39.47 | 67.47 | 70.94 |
| 5 | Italy | 112.56 | 152.05 | 35.08 | 26.88 | 54.61 | 103.16 |
| 6 | Belgium | 72.85 | 83.22 | 14.23 | 19.59 | 30.51 | 55.74 |
| 7 | Netherlands | 62.87 | 106.78 | 69.84 | 16.54 | 41.73 | 152.30 |
| 8 | China | 47.68 | 77.24 | 62.00 | 11.83 | 29.53 | 149.62 |
| 9 | Canada | 54.81 | 72.14 | 31.62 | 16.54 | 24.29 | 46.86 |
| 10 | Turkey | 43.56 | 54.95 | 26.15 | 10.80 | 16.93 | 56.76 |
| Other Markets | 992.18 | 1,093.24 | 10.19 | 238.04 | 395.68 | 66.22 | |
| Total Merchandise Exports | 2,649.60 | 2,954.53 | 11.51 | 656.20 | 1066.10 | 62.47 |
Sources: Sri Lanka Customs & Sri Lanka Export Development Board
Export Regions
| Region | Jan-Mar 2020 | Jan-Mar 2021 | % Growth | Mar 2020 | Mar 2021 | % Growth |
| EU excluding UK | 559.33 | 733.51 | 31.14 | 147.88 | 268.94 | 81.86 |
| United States | 708.76 | 715.40 | 0.94 | 180.86 | 243.61 | 34.70 |
| South Asia | 261.88 | 282.69 | 7.95 | 55.94 | 114.88 | 105.36 |
| ASEAN Countries | 88.33 | 63.39 | -28.24 | 19.78 | 25.94 | 31.14 |
| CIS Countries | 60.05 | 66.53 | 10.79 | 12.89 | 22.14 | 71.76 |
| African Countries | 56.79 | 74.37 | 30.96 | 13.57 | 31.46 | 131.83 |
| Middle East Countries (Excl. Cyprus & Egypt) | 185.12 | 194.77 | 5.21 | 51.55 | 77.95 | 51.21 |
| Others | 729.34 | 823.87 | 12.96 | 173.73 | 281.18 | 61.85 |
| Total Merchandise Exports | 2,649.60 | 2,954.53 | 11.51 | 656.20 | 1,066.10 | 62.47 |
Sources: Sri Lanka Customs & Sri Lanka Export Development Board
Export of Services
The services exports estimated by EDB which includes ICT/BPM, Construction, Financial Services, and Transport & Logistics show exports of US $ 1,194.3 Mn for the first quarter of 2021 compared to US$ 993 Mn recorded in the corresponding period of 2020. Estimated service exports increased by 20.27% in the first quarter of 2021 compared to the first quarter of 2020.
