Thursday, December 26, 2024
28 C
Brunei Town
More

    Sri Lanka targets about USD19B in exports in 2025

    COLOMBO (XINHUA) – Sri Lanka’s Export Development Board (EDB) forecasts that the country’s total export earnings for 2025 would be USD18.7 billion, EDB Chairman Mangala Wijesinghe said yesterday.

    He added that this forecast comprises USD14.54 billion from merchandise exports and USD4.16 billion from services exports.

    Wijesinghe said in the first 10 months of 2024, Sri Lanka has earned USD13.5 billion from total exports (merchandise and services). This is a 7.19 per cent increase compared to the first 10 months of 2023.

    The annual target for 2024 is USD16.4 billion and Sri Lanka has achieved 82 per cent of that annual target in the first 10 months of 2024, he said.

    A view of the Colombo Port City in Sri Lanka. PHOTO: XINHUA
    spot_img

    Latest

    spot_img