In 2023, Italy emerged as Europe’s top and world’s 2nd largest buyer of Sri Lankan apparel, with exports to Italy rising by 10.05 per cent to $563.071 million.
This growth occurred despite a global downturn in apparel exports.
Notably, exports to US fell by 22 per cent.
By January 2024, Italy accounted for 11.23 per cent of Sri Lanka’s total apparel exports.In 2023, Italy emerged as Europe’s top and world’s 2nd largest buyer of Sri Lankan apparel, with exports to Italy rising by 10.05 per cent to $563.071 million.
This growth occurred despite a global downturn in apparel exports.
Notably, exports to US fell by 22 per cent.
By January 2024, Italy accounted for 11.23 per cent of Sri Lanka’s total apparel exports.
