Sri Lanka service exports rise 20.89-pct in November

ECONOMYNEXT – Sri Lanka’s services exports rose 20.89 percent in November 2024 to 326.23 million US dollars, the Export Development Board said.

Services exports are ICT/BPM, construction, financial services, transport and logistics.

Estimated value of ICT exports increased by 38.04 percent to 141.39 million US dollars in November 2024 when compared to November 2023.

The estimated value of logistics and transport services increased by 21.09 percent to 162.34 million dollars in November 2024 on a year-on-year basis.

ICT exports increased by 18.28 percent to 1,325.79 million dollars during the period of January to November 2024 compared to the corresponding period of 2023.

Logistics and transport services increased by 10.11 percent to 1,600.27 million dollars from January to November 2024, compared to the corresponding period of 2023.

Total goods and services exports for November 2024 were 1,269 million dollars, an increase of 0.04 compared to November 2023. (Colombo/Dec24/2024)

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