FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» Sell EXPO Buy EDEN sentiment changed to Exit EXPO Enter EDEN
by Bakkabwoi Today at 12:44 am

» Top Foreign Trading today
by D.G.Dayaratne Yesterday at 11:29 pm

» Maharaja after long time
by Maharaja Yesterday at 10:20 pm

» Try to Avoid Getting Sucked into Any Panic Modes While Looking for Opportunities. Stock market for beginners
by Asoka Samarakone Yesterday at 9:39 pm

» Evergrande agrees deal to avoid default on key bond: Company
by RajapaksaDON Yesterday at 8:15 pm

» Top crossings today
by SAGA Yesterday at 7:27 pm

» LOFC AND CLC Target Price??
by Rational Investor Yesterday at 6:35 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Equity Win Yesterday at 10:47 am

» CABO -- “ The Investment Company ” under Land & Building Sector
by samaritan Yesterday at 10:45 am

» LOFC lofc
by stockchaser Yesterday at 9:52 am

» TOKYO CEMENT COMPANY (LANKA) PLC
by ADVENTUS Yesterday at 12:14 am

» DIPPED PRODUCTS PLC (DIPD.N0000)
by ADVENTUS Yesterday at 12:11 am

» BROWNS INVESTMENTS PLC (BIL.N0000)
by stockchaser Tue Sep 21, 2021 3:49 pm

» GUYS LOOK IN TO JKH / JKL NOW
by Wickyz Tue Sep 21, 2021 10:54 am

» The stock market can be a great place to make money; it can also be a great place to lose money. Stock market for beginners
by reyaz Tue Sep 21, 2021 7:37 am

» LOFC LOFC LOFC
by stockchaser Mon Sep 20, 2021 7:49 pm

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by LHW Sun Sep 19, 2021 10:14 pm

» KOTAGALA PLANTATION
by reyaz Sun Sep 19, 2021 3:33 pm

» What is "Introductions" in Upcoming listing in CSE?
by Nandun Sat Sep 18, 2021 1:46 pm

» Glove stocks fall after Top Glove posts weaker 4Q results
by ResearchMan Sat Sep 18, 2021 1:37 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Sri Lanka’s up to October export earnings decline by 6.6%

Sri Lanka’s up to October export earnings decline by 6.6%

Go down  Message [Page 1 of 1]

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Sri Lanka’s Export earnings during the first 10 months of this year has declined by 6.6% year on year, thus reducing the income to US$ 8.16 billion from US$ 8.73 billion achieved during the last years same period.

Earnings from tea exports during the reference period have fallen by 6.9% year on year, thus resulting in a reduced income of US$ 1.14 billion.

Income from textiles and garments exports have declined by 5.5% and only brought in a sum of US$ 3.26 billion.

“Slowing down of economic activity globally, and particularly in advanced economies which constitute key markets for Sri Lanka’s exports, has resulted in contracting demand for exports”, the Central Bank said in a statement issued.

Meanwhile, the country’s import bill during the first 10 months of this year has declined by 4%.

In dollar terms Sri Lanka has spent an import bill of US$ 15.75 billion during the reference period.

Importation of consumer goods has seen the biggest drop of 15.9% year on year.

“Vehicle imports, which declined by 65.5 per cent, year-on-year, made the largest contribution towards the decline in expenditure on consumer goods imports”, added the Central Bank.

Sri Lanka’s trade deficit during the first 10 months of this year has narrowed by just 1% year on year to stand at US$ 7.59 billion.
http://www.news360.lk/economy/news-trade-sri-lanka%E2%80%99s-06-12-2012-up-to-october-export-earnings-decline-by-6-600003

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum