Friday, March 21, 2025

ICT export growth to top US $ 1,520 m

by damith
December 31, 2023 1:12 am 0 comment 1.2K views

The value of Sri Lanka’s ICT exports is estimated to increase by 47.91% to US$ 1,520 million from January to November of 2023 compared to the corresponding period of 2022.

Construction, Financial and Transport and Logistics services exports are estimated to increase by 788.1%, 73.72% and 93.92% from January to November 2023 compared with the corresponding period of 2022.

The estimated value of services exports for the period of January to November 2023 was US$ 2,908.61 million, increasing 68.72 % over the corresponding period of 2022.

The services exports estimated by (EDB) Policy and Strategic Planning Division, consists of ICT/BPM, Construction, Financial services and Transport and Logistics. The EDB said that Sri Lanka’s merchandise exports increased by 4.4% to US$ 968.8 million in November 2023 compared to October 2023 as per the provisional data released by the Customs.

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