Sri Lanka’s revised export target for 2020 is $13.39 billion: Report

By MSV Last updated Oct 15, 2020

Sri Lanka exports topped $1 billion once again in September 2020, according to the Export Development Board (EDB).

Sri Lanka recorded another year-on-year increase of merchandise exports in September 2020 despite the global slowdown, said the board.

Sri Lanka’s revised export target for 2020 is $ 13.39 billion. The EDB expects $ 9.57 billion from merchandise exports and $ 3.82 billion from services exports, said an EDB report published in local daily The Island.

Earnings from exports recorded $ 9.69 billion during the first nine months, including the estimated services data for July to September. Thus Sri Lanka has achieved 72.4 percent from the revised export target, EDB said,

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