Apparel exports in May to US, UK down

Monday, 30 June 2025 03:41 - - {{hitsCtrl.values.hits}}

Sri Lanka’s apparel exports in May 2025 remained relatively flat with a slight dip of 0.63% compared to the same month last year, totalling $ 365.08 million.

While shipments to the EU grew by 5.15% and exports to other markets rose sharply by 11.1%, this growth was offset by contractions in key markets. Exports to the US and UK declined by 7.59% and 6.81%, respectively, reflecting ongoing demand volatility in Western consumer markets.

Despite the dip in May, cumulative exports for the period January to May 2025 show a strong recovery trajectory, with total earnings increasing by 9.8% to reach $ 2.02 billion. Exports to the EU (excluding UK) saw the most significant growth at 15.36%, followed by a 13.12% growth in non-traditional markets. Shipments to the US and UK also recorded moderate gains of 6.52% and 3.74%, respectively.

Commenting on the performance, a Joint Apparel Association Forum (JAAF) spokesperson said: “The industry’s year-to-date performance demonstrates resilience and adaptability, driven by strategic market shifts and continued investment in value-added products. We are encouraged by the momentum, particularly in emerging and EU markets.”

To sustain this progress, the JAAF reiterated the importance of a stable and predictable trade policy environment that enables long-term competitiveness and supports exporters navigating global headwinds.

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