Sri Lanka’s export sector has recorded its strongest-ever January–October performance, surpassing US$ 14.4 billion in 2025 and marking a 5.99% year-on-year growth, according to data from Sri Lanka Customs and the EDB. Merchandise exports rose 6.53% to US$ 11.37 billion, while services exports grew 4.01% to US$ 3.06 billion.
A major highlight was coconut-based products, which exceeded US$ 1 billion for the first time, driven by strong demand for coconut oil, milk powder, desiccated coconut, and activated carbon. Apparel, tea, food & beverages, ICT/BPM, and logistics also contributed positively to cumulative growth.
In October 2025, total exports reached US$ 1.47 billion, showing slight year-on-year growth. Coconut products recorded a standout 60% increase for the month, while gems & jewellery, food & beverages, and electronics also performed well. Apparel, tea, rubber, spices, and seafood saw marginal declines.
The United States remained Sri Lanka’s top export market, followed by India and the United Kingdom. Strong growth was recorded in key EU markets including Germany, Italy, and the Netherlands.
EDB Chairman Mangala Wijesinghe said Sri Lanka has already achieved 80% of its US$ 18 billion annual export target, noting that recovering Western demand and resilient local production have strengthened the country’s export outlook.
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