The Growing Textiles and Garments Exports of Sri Lanka in 2023
The growing concern of the government authorities and the modernization towards severe technological evolutions has been supporting the overall production rates. From 2020 onwards, the upward trajectory has gained a hike worth a value of 5.3 billion US dollars representing the favorable trade policies of the government authorities facilitating the proper management of the global exports.
The strategic location of the nation has opened up the trade resources for severe trade destination estates promoting the country as an ideal hub for trading raw materials from neighboring countries resulting in an overall textiles export trade value of 8.2 billion US dollars in 2023.
Top 10 Leading Textiles and Garments Exports of Sri Lanka in 2023
The country that has established itself as a major player in the global textiles and garments export market has introduced a variety of products in the export market, as per the global acquisitions. According to the Sri Lanka Export Data, the top 10 leading textiles and garments exports of Sri Lanka in 2023 are,
• Knitted T-shirts – Export trade value of Knitted T-shirts from Sri Lanka in 2023 – 2.5 billion US dollars.
• Woven Fabrics – Export trade value of Woven Fabrics from Sri Lanka in 2023 – 1.8 billion US dollars.
• Women's Undergarments – Export trade value of Women's Undergarments from Sri Lanka in 2023 – 900 million US dollars.
• Men's Shirts – Export trade value of Men's Shirts from Sri Lanka in 2023 – 780 million US dollars.
• Sportswear – Export trade value of Sportswear from Sri Lanka in 2023 – 654 million US dollars.
• Swimwear – Export trade value of Swimwear from Sri Lanka in 2023 – 587 million US dollars.
• Children's Clothing – Export trade value of Children's Clothing from Sri Lanka in 2023 – 498 million US dollars.
• Lingerie – Export trade value of Lingerie from Sri Lanka in 2023 – 357 million US dollars.
• Denim Jeans – Export trade value of Denim Jeans from Sri Lanka in 2023 – 245 million US dollars.
• Technical Textiles – Export trade value of Technical Textiles from Sri Lanka in 2023 – 146 million US dollars.
The Leading Textiles and Garments Export Trade Partners of Sri Lanka in 2023
The better terms and relations with the leading trade destination estates have established a solidifying position of the nation across the globe. According to the Sri Lanka Trade Data, the top 10 export trade partners of textiles and garments exports in 2023 are,
• United States – According to the USA Import Data, the valuation of the textiles and garments exported from Sri Lanka in 2023 – 2.9 billion US dollars.
LEADING TEXTILES AND GARMENTS EXPORTS FROM SRI LANKA
• United Kingdom – According to the United Kingdom Import Data, valuation of the textiles and garments exported from Sri Lanka in 2023 – 1.4 billion US dollars.
LEADING TEXTILES AND GARMENTS EXPORTS FROM SRI LANKA
• Netherlands – According to the Netherlands Import Data, the valuation of the textiles and garments exported from Sri Lanka in 2023 – 476 million US dollars.
LEADING TEXTILES AND GARMENTS EXPORTS FROM SRI LANKA
Que. Name the top export trade partner of Sri Lanka for textiles and garments in 2023. Ans. The United States is the top export trade partner of Sri Lanka for textiles and garments in 2023.
Que. What is the export trade value of textiles and garments from Sri Lanka in 2023? Ans. The export trade value of textiles and garments from Sri Lanka in 2023 is 8.2 billion US dollars.
Que. What are the top textiles and garments exports of Sri Lanka in 2023? Ans. Knitted T-shirts are the top textiles and garments exported to Sri Lanka in 2023.
Que. Where can you get a detailed trade analysis of the textiles and garments exports of Sri Lanka in 2023? Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the textiles and garments exports of Sri Lanka in 2023.