Economics

Sri Lanka services exports rise 3.75-pct in June 2026

Sri Lanka services exports rise 3.75-pct in June 2026, driven by strong growth in ICT/BPM and financial services, according to the latest data released by the Export Development Board (EDB).


Sri Lanka services exports rise 3.75-pct in June 2026 as ICT and financial services grow


Sri Lanka’s services export earnings increased to US$344.52 million in June 2026, representing a 3.75% year-on-year increase compared with the same month in 2025. The latest figures highlight the continued contribution of knowledge-based and high-value service sectors to the country’s export performance and foreign exchange earnings.

The Export Development Board (EDB) said the growth was supported primarily by robust performances in ICT/BPM exports and financial services, even as construction and transport-related earnings recorded weaker results during the month.

Export earnings from ICT/BPM exports climbed 11.31% year-on-year to US$150.49 million, reinforcing the sector’s position as one of Sri Lanka’s fastest-growing service industries. The continued expansion reflects increasing global demand for Sri Lankan technology, software development, business process management and digital services.

The EDB noted that high-value service industries—including ICT/BPM, construction, financial services, and transport and logistics—continue to play a vital role in diversifying Sri Lanka’s export basket, increasing value addition, generating foreign exchange and creating high-skilled employment opportunities.

Among the strongest-performing sectors, financial services posted a 29.56% increase in export earnings, rising to US$3.21 million compared with June last year. Although relatively small in value, the sector recorded the highest percentage growth among the major service export categories.

Meanwhile, transport and logistics remained the country’s largest services export segment, generating US$184.89 million in June. However, earnings from the sector declined marginally by 0.79% from the corresponding month in 2025.

Construction services recorded the sharpest decline, with export earnings falling 26.14% year-on-year to US$5.93 million, reflecting softer overseas project activity during the reporting period.

The latest services export figures contributed to Sri Lanka’s broader external trade performance, with total exports of goods and services reaching US$1.659 billion in June 2026. This represented a 12.53% increase compared with the same month last year, indicating continued momentum across several export-oriented sectors.

The Export Development Board has continued to promote the expansion of high-value services as part of Sri Lanka’s long-term export diversification strategy. Industry stakeholders view sectors such as ICT/BPM, financial services and logistics as key drivers of sustainable export growth, particularly as the country seeks to increase foreign exchange inflows and strengthen its knowledge-based economy.

The latest data underscores the resilience of Sri Lanka’s services sector, with technology and financial services continuing to offset slower performances in traditional service segments while supporting the country’s overall export growth.