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Sri Lanka's apparel exports to Italy up despite global industry slump

05 Apr '24
2 min read
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Insights

  • In 2023, Italy emerged as Europe's top and world's 2nd largest buyer of Sri Lankan apparel, with exports to Italy rising by 10.05 per cent to $563.071 million.
  • This growth occurred despite a global downturn in apparel exports.
  • Notably, exports to US fell by 22 per cent.
  • By January 2024, Italy accounted for 11.23 per cent of Sri Lanka's total apparel exports.
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