In February, Sri Lanka's apparel export earnings registered a marginal growth of 0.19 per cent Y-o-Y to $398 million.

Export figures revealed a mixed trend across key markets. While exports to the United States and the United Kingdom experienced growth, expanding by 5.94 per cent and 22.61 per cent to $165 million and $64 million respectively, exports to the EU faced a slight decline, dipping by 1.05 per cent Y-o-Y to $112 million. 

Additionally, exports to other markets saw a significant decrease, plummeting by 25 per cent Y-o-Y to $56 million in February.

However, the cumulative export performance for the January to February period showed a contraction, declining by 4.8 per cent to $756 million. During this timeframe, exports to the United States, European Union, and other markets experienced decreases of 6.2 per cent, 5.2 per cent, and 10.32 per cent respectively. Notably, exports to the United Kingdom bucked the downward trend, growing by 7.31 per cent.