News Today: Sri Lanka export earnings steady progress July 2025 report shows 7.79% growth

Sri Lanka’s export sector has demonstrated steady progress during the first seven months of 2025, showcasing resilience despite global and domestic challenges. According to the Export Development Board (EDB), the country recorded total export earnings amounting to US$ 9,992.53 million from January to July 2025. This reflects a 7.79 percent growth when compared to the same period in 2024, highlighting positive momentum in both goods and services exports.

The performance in July 2025 alone was particularly noteworthy. Earnings from combined goods and services exports reached US$ 1,641.11 million, which represents a 12.68 percent year-on-year increase. This remarkable growth was driven by stronger global demand for Sri Lankan products as well as consistent expansion in services exports, including IT, logistics, and professional services.

Merchandise exports such as apparel, tea, rubber-based products, and food and beverages played a key role in boosting revenue. Meanwhile, the services sector continued to complement traditional exports, ensuring diversification of Sri Lanka’s foreign income streams.

The EDB has emphasized that ongoing efforts to strengthen trade agreements, diversify markets, and support exporters with policy reforms are expected to further improve export earnings in the coming months. This growth trajectory is crucial for enhancing foreign reserves, stabilizing the economy, and creating greater opportunities for local industries.

Sri Lanka’s export sector remains a critical pillar of the national economy, and the continued upward trend in 2025 reflects both improved competitiveness and global confidence in Sri Lankan products and services.