Sri Lanka’s apparel sector remains the backbone of industrial exports, contributing over 45 per cent despite weaker global demand.
While garment exports declined during January-May, May recorded a recovery, suggesting demand may be stabilising.
Falling textile imports also point to softer manufacturing activity and cautious sourcing across the supply chain.Sri Lanka’s apparel sector remains the backbone of industrial exports, contributing over 45 per cent despite weaker global demand.
While garment exports declined during January-May, May recorded a recovery, suggesting demand may be stabilising.
Falling textile imports also point to softer manufacturing activity and cautious sourcing across the supply chain.
