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“Export Development Board Reports Modest Increase in February 2024 Merchandise Exports”

March 22, 2024

The Export Development Board (EDB) has revealed that the merchandise export performance for February 2024 reached US$ 983.7 million, marking a slight uptick of 0.17% compared to February 2023.

Moreover, February 2024 witnessed a 1.3% rise in export performance compared to the previous month, January 2024.

In a detailed analysis, it was found that agricultural exports surged significantly by 11.82% compared to February 2023, totaling US$ 255.76 million in February 2024. However, industrial exports experienced a downturn, declining by 3.36% during the same period, reaching US$ 727.94 million.

Source – adaderana.lk

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