Over USD 1,000 million has been recorded by Sri Lanka in export revenue in the month of August 2023. This has been the highest export revenue earned in a month for this year, according to the Central Bank of Sri Lanka.
In the month of August 2023, USD 1,119 million of export revenue was earned. In comparison to the export revenue earned in August 2022, the current statistic is 8.7% lower.
Total export revenue earned from January to August remains at USD 8,010 million, 10.1% lower than the corresponding 2022 period.
The decrease in export revenue has been attributed by the CBSL to the decrease in demand of local products in the foreign market.