The Joint Attire Affiliation Discussion board (JAAF) thanked all business stakeholders for his or her excellent resilience in making certain that the sector continued to fulfill its commitments within the face of unprecedented challenges, as attire export earnings expanded by 30 % Yr-on-Yr (YoY) as much as US$ 446 million in Could 2022.
Accounting for roughly 6 % of Sri Lanka’s Gross Home Product (GDP) and nearly half of all merchandise exports, the attire sector serves as a bulwark of the financial system. Whereas the sector continues to face vital limitations from persevering with disruptions in vitality provide and logistics, cumulative export earnings from the sector elevated by 16 % YoY as much as US$ 2.2 billion as at Could 2022.