Total exports, including merchandise and services, reached at US$ 1,382.53 mn in February 2025, marking a notable 4.62% year-on-year growth compared to February 2024. Exports recorded a 2.58% month-on-month increase compared to January 2025.
According to provisional data from the Customs and estimated figures for gems and jewellery and petroleum products, merchandise exports for February 2025 were valued at US$ 1,056.39 mn.
In contrast, services exports for February 2025 were estimated at US$ 326.14 million, marking a significant 24.37% increase over the corresponding period in 2024.
However, cumulative total exports, including both merchandise and services, were estimated at US$ 2,730.33 mn for period of January to February 2025, marking a notable 6.65 % growth compared to the corresponding period in 2024.
Merchandise exports during the first two months of 2025 are estimated to have increased by 3.9%, reaching US$ 2,109.19 mn, based on data from Sri Lanka Customs and estimated figures for Gems and Jewellery and Petroleum Products.
The estimated value of services exports is expected to increase by 17.2% to US$ 621.14 mn compared to the corresponding period in 2024.
The services exports estimated by the EDB consist of ICT/BPM, Construction, Financial services and Transport and Logistics.
