Home / Knowledge / News / Apparel/Garments / Apparel has most potential to raise exports to UK: report

Apparel has most potential to raise exports to UK: report

Jul '19
Pic: Shutterstock
Pic: Shutterstock
Apparel has the biggest potential to raise Sri Lanka’s exports to the United Kingdom, according to a new report on Sri Lanka-British trade. Bilateral ties between the two countries have grown over the last two decades, with average bilateral trade volumes in the last ten years topping $1.4 billion. The trade balance has been in favour of Sri Lanka.

Sri Lankan minister of development strategies and international trade Malik Samarawickrama said apparel exports are an area for building on and strengthening the linkages between British retailers and brands and Sri Lankan manufacturers. He was speaking at the launch of Sri Lanka-United Kingdom Bilateral Trade and Investment report at the Ceylon Chamber of Commerce.

Apparel is the top export item to the UK.

Sri Lanka’s primary imports from the UK include high quality British machinery, equipment, automobiles and food products. There are further opportunities in fast moving consumer goods, pharmaceutical and technology services, the report noted.

Colombo was keen on some preferential trade arrangement with the United Kingdom, following the latter’s exit from the European Union, ideally the continuation of benefits equivalent to the generalised system of preferences (GSP) Plus, and leading towards a free trade agreement in the future, according to Sri Lankan media reports.

Sri Lanka can offer ethically-manufactured, environmentally-responsible, high-quality products for the UK market, and our preferential access needs to continue regardless of Britain’s membership of the EU, the minister added. (DS)

Fibre2Fashion News Desk – India

Must ReadView All

Pic: Dong Nhat Huy / Shutterstock.com

Textiles | On 17th Jan 2022

Vietnamese parliament approves economic stimulus package for recovery

The first extraordinary session of Vietnam’s 15th National Assembly...

Pic: Woo Bing Siew | Dreamstime.com

Textiles | On 14th Jan 2022

Gloomy outlook for global recovery: World Economic Forum survey

Only one in 10 World Economic Forum (WEF) members expects the global...

Pic: Maksym Filipchuk | Dreamstime.com

Textiles | On 14th Jan 2022

OECD zone witnesses highest level inflation in 25 years

Annual inflation in the Organisation for Economic Cooperation and...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Occam's razor principle and purpose-driven innovations

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Sustainable and eco-friendly fibres remain in the minority

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Richard Armitage,

Richard Armitage

Adaptive Control automates, controls and monitors machines, systems and...

Barry Goodwin,

Barry Goodwin

UK based Amba Projex Ltd designs, manufactures, and installs industrial...

G Tumbarello,

G Tumbarello

Lilly + Sid is an award-winning organic children's clothing company from...

Ian Russell, Pireta

Ian Russell

UK-based Pireta has developed a unique free-form process to add durable,...

Silke Brand-Kirsch, Glatfelter

Silke Brand-Kirsch

Glatfelter is a leading global supplier of engineered materials. <b>Silke...

Frank Heislitz, Freudenberg

Frank Heislitz

Freudenberg Performance Materials is a leading global manufacturer of...

Samant Chauhan, Label Samant Chauhan

Samant Chauhan
Label Samant Chauhan

Delhi based fashion designer, <b>Samant Chauhan</b> who mostly works on...

Shalini Sharma & Shweta Pundir Sharma, Six Yard Story

Shalini Sharma & Shweta Pundir Sharma
Six Yard Story

Six Yard Story is a premium artisanal brand with a focus to bring handloom ...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments


Green Fibre
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Varner AS Retail
Under Armour Global Sourcing Ltd
IDH – The Sustainable Trade Initiative
Helly Hansen Far East Ltd
Chori Company Limited
Lenzing Aktiengesellschaft
Cat Tuong Real Estate Group Joint Stock Company
Calvin Klein
IKEA of Sweden AB
Target Corporation (MN)
NITI Aayog
Aquarelle Clothing Limited

January 2022

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

Advanced Search