Sri Lanka surpassed US$ 1 billion in exports in March 2021 after a lapse of six months period, the Export Development Board said.
As per the Customs statistics, earnings from merchandise exports recorded double-digit growth of 62.47% in March 2021 on y-o-y comparison – the March figure being US$ 1,066.1 Mn.
Earnings from merchandise exports increased by 11.51% in the first quarter of 2021 to US$ 2,954.53 Mn compared to the first quarter of 2020.
This growth could be attributed to the gradual lifting of Covid 19 restrictions imposed within the country and globally.
Export Development Board (EDB) Chairman Suresh De Mel said; “Sri Lanka’s exports show a remarkable rise despite the current pandemic situation across the World”.