>>
Home / Knowledge / News / Textiles / Sri Lanka's textile exports up 5.2% in Jan-Oct '18

Sri Lanka's textile exports up 5.2% in Jan-Oct '18

26
Dec '18
Courtesy: Hannah Morgan on Unsplash
Courtesy: Hannah Morgan on Unsplash
Sri Lanka’s earnings from textiles and garments exports increased by 5.2 per cent year-on-year to $4.354 billion in the first ten months of 2018, according to the statistics released by the Central Bank of Sri Lanka. Imports of textiles and textile articles were up 5.8 per cent to $2.371 billion, while clothing and accessories imports fell 18.5 per cent to $260.1 million during the ten-month period.

In October 2018, Sri Lanka’s earnings from textiles and garment exports remained positive and the island nation earned $426.6 million from textiles and clothing exports, registering an increase of 0.9 per cent over exports of $422.6 million during the same month of 2017. “Export earnings from textiles and garments increased marginally in October 2018 due to higher earnings from textile exports despite the slight decline registered in garment exports,” the central bank said in its report ‘External Sector Performance – October 2018’.

“The reduced earnings from garment exports was mainly driven by the lower demand from the USA, despite an increase in exports to the EU market and non-traditional markets such as India, Canada, Japan and Hong Kong,” the report added.

Meanwhile, Sri Lanka’s expenditure on textiles and textile articles increased in October 2018 by 15.5 per cent year-on-year to $279.7 million, whereas clothing and accessories imports were down 34.2 per cent to $22.8 million. “Import expenditure on textiles and textile articles increased mainly due to higher imports of fabric and yarn,” the central bank said.

In 2017, Sri Lanka earned $5.031 billion in textiles and apparel exports, registering a growth of 3 per cent year-on-year. Of this, clothing exports alone accounted for $4.739 billion. On the other hand, imports increased by 0.7 per cent to $2.724 billion. (RKS)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Dreamstime.com

Textiles | On 22nd May 2022

China raises support for economic growth by cutting lending rate

China recently cut the market-based benchmark lending rate to shore...

Pic Andrey Sirant | Dreamstime.com

Textiles | On 22nd May 2022

CPTPP helps boost Vietnam-Australia trade, investment cooperation

The Comprehensive and Progressive Agreement for Trans-Pacific...

Pic. Shutterstock

E-commerce | On 22nd May 2022

Strong momentum in China's cross-border e-com, rises 18.6% YoY in 2021

China's cross-border e-commerce has rapidly grown in the last few...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Next level is to inject new features:

Textile Industry, Head honchos

Textile Industry
Head honchos

Delay in adopting water sustainability both financially & environmentally...

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry with brand ethos

Mohd. Showkot Ali,

Mohd. Showkot Ali

Bangladesh-based Maksons Group owns and operates multiple corporations and ...

Ilan Palacci,

Ilan Palacci

France-based Ever Dye develops an innovative dyeing process combined with...

Eric Durivault,

Eric Durivault

<font color="#333333" face="Helvetica, sans-serif">IDELAM is a...

Sanjay Raut, Garware Technical Fibres Ltd

Sanjay Raut
Garware Technical Fibres Ltd

Garware Technical Fibres Ltd (formerly Garware-Wall Ropes Ltd) is a...

Dr Anup Rakshit, ITTA

Dr Anup Rakshit
ITTA

The Indian Technical Textile Association (ITTA) is the only association of ...

Dr. Sean Blamires, Evolution and Ecology Research Centre

Dr. Sean Blamires
Evolution and Ecology Research Centre

Using spider silk for clothing may not seem to be an attractive...

Abhishek Agarwal, Purple Style Labs

Abhishek Agarwal
Purple Style Labs

Late Indian fashion designer Wendell Rodricks, is known for his...

Rocky Star, Label - Rocky Star

Rocky Star
Label - Rocky Star

<b>Rocky Star,</b> an Indian designer known for his inspiration from the...

Maria Camila Giraldo, Brand - Pam & Gela

Maria Camila Giraldo
Brand - Pam & Gela

Maria Camila Giraldo is a Colombian actress, writer and entrepreneur...

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

Leave your Comments

ESTEEMED CLIENTS

Centric Software
Indo Tex
Colours India Inc
Walmart
International Sourcing Expo Australia
Desigual - ABASIC, S.A.
Decathlon
NV Michel Van de Wiele
Sportswear Company Spa
CGS Inc.
Nandan Denim Limited
Brückner Trockentechnik GmbH & Co. KG
Gatsby Africa
Phong Phu international JSC (PPJ)
K AND D ITMACH EXPOSITIONS LLP
Inter Expo Center Ltd.
KIABI
Amazon China
Benetton Group
GERBER TECHNOLOGY LTD.
Tchibo GmbH
Applied DNA Sciences Inc
Lacoste (Wanchai)
Reiter India Private Limited
DuPont de Nemours, Inc.,
Thermore (Far East) Ltd.
ZAITEX spa
GHCL LIMITED
Eurofins BLC Leather Technology Centre Ltd
Lenzing Aktiengesellschaft - India
Asos
Target Corporation (MN)
Karl Mayer Textilmaschinenfabrik GmbH
Under Armour Global Sourcing Ltd
Zydex Industries
Groz-Beckert KG
Varner AS Retail
Meera Dyestuff Industries
Shima Seiki Mfg. Ltd.
Xtema - Thomas Lebherz Textilmaschinen
UBM China (Shanghai)
N9 World Technologies Private Limited
Indofil Industries Limited - Specialty & Performance Chemicals Division
DyStar India Pvt. Ltd
T.T. Limited
Vianney Textil Hogar S.A. De C.V.
Rosset ;& Cia Limited
C;&A Sourcing International Ltd
Jindal Worldwide Limited
FULGAR SpA
Thai Acrylic Fibre Company Limited
Aleph Srl
Alix Partners
Stahl Holdings B.V.,
Sportmaster Ltd.
Savio Macchine Tessili S.P.A.
Saurer Textile Solutions Pvt. Ltd.
TESTEX AG, Swiss Textile Testing Institute
Eastman Chemical Company
Midas Clothing Limited
Loris Bellini S.r.l.
Brandix Lanka Limited
Truetzschler India Private Limited
Datacolor AG Europe
Marzoli Machines Textile s.r.l.
Infor (Hong Kong) Limited
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
International Textile Manufacturers Federation
IKEA of Sweden AB
Vardhman Textile Ltd
Hirdaramani International Export Private Limited
China World International Exhibition Company Limited
KAS Direct Sourcing
Tradewind International Servicing
Landmark Group
EMBEE CORPORATION
Dow Silicones Corporation
Permoda(Koaj/Armi/Pronto/Bkul)
TEXVALLEY MARKET LIMITED
SHAHI Exports Pvt Ltd
CSGIA(China Screen Printing & Graphic Imaging Association)
Helly Hansen Far East Ltd
Cat Tuong Real Estate Group Joint Stock Company
BIMBA ;& LOLA SL
G.A.S. unternehmenskommunikation gmbh
Woolmark Services India Pvt. Ltd.
J ;& P Coats
Alison Hayes Romania
Abit
BTSR International S.P.A.
APLF Limited
Green Fibre
Performance Days
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
NITI Aayog
Palexpo SA
BRINKMANN GMBH
Itema Weaving (India) Private Limited
Copenhagen Fashion Summit
Groz-Beckert East Asia LLP
VNU Exhibitions Asia
Splash
Nihalani Events Management
IIGM Private Limited
Messe Duesseldorf
BIANCA
H. Stoll AG & Company KG
Puma
JES MEDIA, INC
TESCO INTERNATIONAL SOURCING LIMITED
Kern – Liebers Textile
OVS Hong Kong Sourcing Ltd.
EPCH
IDH – The Sustainable Trade Initiative
Color Service s.r.l.
Guess Europe Sagl,
The LYCRA Company Singapore  Pte. Ltd
BTC Textiles LLC
Chico’ FAS
Etam Group Strategy Hong Kong Limited
Bluesign Technologies Ag
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Lottmann Communications
The Top Form Brassiere Manufacturing Company Limited
Newtech Textile Technology Development (Shanghai) Company Limited
H;&M Hennes ;& Mauritz (Far East) Ltd
Grasim Industries Limited
Hela Clothing Pvt Ltd
LC Waikiki
Rieter India Private Limited
Recron Polyester from Reliance Industries Limited
Zünd Systemtechnik AG
Lisa S.P.A.
Lectra Technologies India Pvt Ltd.
Tommy Hilfiger
Page Industries Limited (Bangalore)
John Varvatos
Datatex Consulting Srl
GIOVANNI BOZZETTO S.p.A.
Shanghai  Aige Exhibition Service Co., Ltd
Thai Trade Center
Mayer & Cie. GmbH & Co. KG
Huntsman (Singapore) Pte Ltd
Sateri (Jiujiang) Fiber Co.,Ltd
Esprit Europe Services GmbH
Coats Digital Limited
Seasalt Limited
Messe Frankfurt Exhibition GmbH
Italian Trade Commission
Aramark Uniform ;& Career Apparel, LLC
Sainsbury's Argos Asia Limited
Babyshop
Mesdan SPA
Flainox S.r.l.
Bluestem Global Sourcing Limited
Lifestyle
EUROVET ASIA LTD
Gap International Sourcing Limited
Chori Company Limited
IFF Media Ag - International Media Services
USTER
Istanbul Fuarcilik A.S.
Maceton Limited
Gloria Jeans
ITMA Services Pte Ltd
Haelixa AG
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Jiangsu Yingyang Nonwoven Machinery Company Limited
Taiwan Textile Federation (TTF)
Rayonese Textile Inc., Division de Culp Inc.
SYNERGIES HONG KONG LIMITED
MAS Active / MAS Kreeda / MAS Bodyline
Recron Polyester from Reliance Industries Limited
Lenzing Aktiengesellschaft
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Kornit Digital Asia Pacific Ltd
PVH Corporation
Gokaldas Exports Limited
Pt. Peraga Nusantara Jaya Sakti
THE BOMBAY DYEING ;& MFG.CO. LTD
Restoque S.A.
Arvind Limited
The LYCRA Company Singapore  Pte. Ltd
TÜYAP IHTISAS FUARLARI A.S.
Aquarelle Clothing Limited
Tory Burch Hong Kong Ltd
Weitmann & Konrad GmbH & Co. KG
X-Rite Asia Pacific Limited (HK)
FESPA (Reigate)
G-Star Raw C.V.
COTTON COUNCIL INTERNATIONAL
Calvin Klein
Boardriders Asia Sourcing Limited
Comasia Limited
Equinox Impex India
Lululemon Athletica Inc
Tuyap Tum Fuarcilik Yapim A.S.
Officina Meccanica Dora Enrico Srl

May 2022

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


Advanced Search