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| Sri Lankan apparel exports grew 23.8% in the first half of 2010 (Photo: Garments with Guilt of Sri Lanka) |
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Sri Lanka's apparel exports grew 23.8% to US$304 million in the first half of 2010. The country＊s Central Bank said that apparel exports to the United States were up 34% and to the European Union by 8%. Textile and apparel imports, key inputs for exported apparel, were up 33% to US$139 million.
Sri Lanka's aggregate exports increased 13.7% to US$3.6 billion in the first half of 2010, and imports expanded 42.1% amid an economic recovery, expanding the trade deficit by 108% to US$2.8 billion, official data show.
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