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Trunal Sahuji
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Sri Lanka’s apparel industry continues to display remarkable resilience—garment exports rose impressively by 9%, reaching $2.85 billion in the seven-month window from January to July 2025, compared to the same period last year.
Growth Drivers & Trends
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Steady Demand Across Months
The increase underscores sustained international appetite for Sri Lankan apparel, especially from traditional markets like the EU and UK. By June, half-year apparel exports had already reached $2.46 billion, up 8.95% from 2024 . -
July Momentum
In July 2025 alone, garment exports rose nearly 9.84% year-on-year, with the monthly value clocking in at $455.16 million. -
Textile Exports Slightly Softened
While garment exports gained traction, the broader textile category recorded a 4.8% decline, indicating export focus is driven mainly by apparel -
Sector Snapshot
Garments remain a powerhouse—accounting for over 52% of Sri Lanka’s total export earnings and nearly half of merchandise export value overall .
Challenges on the Horizon
Despite this positive trajectory, the sector faces increasing headwinds from global trade shifts.
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US Tariff Pressure
Starting August 2025, Sri Lanka faces a hefty 30% tariff on apparel exports to the U.S., raising alarm about falling competitiveness against markets like Vietnam with lower rates . -
Broader Export Risk
Analysts warn that continued U.S. tariff hikes could erode export earnings by up to $290 million, hitting employment and economic stability.
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