Sri Lanka’s merchandise export sector has shown a notable improvement in 2021 compared to the pandemic-affected 2020. As per the latest Customs data, export earnings have averaged US dollars 985 million during the eight months ending August 2021 compared to a monthly average of US dollars 837 million in 2020, while the average earnings have amounted to US dollars 1,064 million during June-August 2021. This is an appreciable development as the merchandise export sector (comprising diverse products) is the largest foreign exchange earner in most countries, including Sri Lanka.
The Governor of the Central Bank of Sri Lanka, Mr. Ajith Nivard Cabraal met with Bangladesh High Commissioner to Sri Lanka, His Excellency Tareq Md Ariful Islam today, to discuss strengthening of economic ties and greater utilization of the Colombo Port for Bangladesh exports.
