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Sri Lanka apparel exports account for 3% of UK apparel market

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The Sri Lankan High Commission has organised and brought in ambassadors, high commissioners and a high level diplomatic community from around 28 countries to attend the Sourced SRI LANKA Fashion and Textile Trade Show, making it a huge global audience.

Sri Lankan High Commissioner in the United Kingdom Rohitha Bogollagama also attended the event along with several lords, barrons and top UK business leaders.

Sri Lanka’s Textile & Apparel Industry is the largest export sector of the country with export revenue of over USD 4.5 Bn. in 2023 which is 42 % of total merchandise exports. The main export markets for Sri Lankan apparel products are USA, UK and EU.

Compared to the export statistics of 2022, it has shown a 19% drop in apparel exports in 2023. Apparel export contribution to Sri Lanka GDP is 7%.

The post Sri Lanka apparel exports account for 3% of UK apparel market appeared first on DailyNews.

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