Sri Lanka’s Exports Hit Historic USD 14.4 Billion in First 10 Months of 2025

Sri Lanka has recorded its highest-ever export earnings for the January–October period, with total exports reaching USD 14,433.82 million in the first ten months of 2025, according to Sri Lanka Customs. The Export Development Board (EDB) confirmed that this is the first time the country has surpassed the USD 14 billion mark during this timeframe.

Overall exports grew by 6.0% compared to the same period last year, reflecting strong performance across key sectors — including estimated contributions from Gems & Jewellery and Petroleum Products. Among the standout achievements, coconut-based products exceeded USD 1 billion for the first time.

EDB Chairman and CEO Mangala Wijesinghe praised the industry’s resilience:
“This is the highest-ever export figure for the January–October period in Sri Lanka’s history. The recovery of major Western markets and consistent production by local industries were crucial to this growth. Notably, 80% of the annual export target of USD 18 billion has already been achieved.”

In October 2025 alone, total merchandise and services exports reached USD 1,474.38 million — a 2.2% increase from September and a marginal 0.16% rise compared to October 2024. Though year-on-year growth remained modest, the performance reflects the sector’s ability to withstand global challenges and adapt to shifting demand.

Services exports continue to play a growing role in overall export earnings. In October, the sector generated an estimated USD 316.14 million. For the first ten months of 2025, services exports rose by 4.01%, reaching USD 3,060.21 million.

Key contributors — including ICT/BPM, construction, financial services, and transport & logistics — are helping diversify Sri Lanka’s export portfolio while supporting the expansion of the country’s knowledge-based economy and creating high-value jobs nationwide.