Industry Analysis

Sri Lanka’s Rubber Exports to Europe Set to Increase

Sri Lanka’s rubber export sector is anticipating a rise in order volumes from Europe this October, as buyers return after the summer break and U.S. export earnings strengthen, according to Forbes and Walker Commodity Brokers in their latest rubber market report. Industry experts are optimistic about new orders in the coming months, although they warn

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Economics

June 2024 Export Earnings Boosted by Tea and Rubber Exports

Sri Lanka’s merchandise export performance for June 2024 reached $1,031.2 million, marking a 2.58% increase compared to June 2023. This growth was driven by higher earnings from apparel & textiles, tea, rubber-based products, coconut-based products, food & beverages, and spices & concentrates. Compared to May 2024, exports in June 2024 rose by 1.97%. Services exports

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