Home / Knowledge / News / Textiles / Sri Lanka's textiles & apparel exports grow in Nov'12
Sri Lanka's textiles & apparel exports grow in Nov'12
02
Jan '13
The exports of textiles and garments from Sri Lanka fetched US$ 364 million in November 2012, showing a year-on-year growth of 4.6 percent, according to the data released by the Central Bank.
 
Despite the rise in earnings from textiles and clothing exports, Sri Lanka’s total export earnings declined by 6.6 percent year-on-year to US$ 827.6 million during the month.
 
During the month under review, Sri Lanka imported goods worth US$ 1.8 billion, thus narrowing the trade gap to US$ 993 million.
 
From January to November 2012, Sri Lanka’s total exports fetched US$ 8.9 billion, registering a decline of 6.6 percent year-on-year, while imports were worth US$ 17.5 billion, down 4.5 percent year-on-year.
 
Sri Lanka attracted US$ 614.7 million worth of foreign direct investment (FDI) in the first eleven months of 2012, showing a dip of 9.4 percent year-on-year, compared to the Government’s target of attracting US$ 1.75 billion in FDI during 2012.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search