Export economics beyond the ‘white underwear’ = සුදු යටඇඳුමින් එහා ගිය අපනයන ආර්ථිකයක්

Abstract

Exports from Sri Lanka are thrice cursed. They are declining as a share of global exports, as a percentage of Sri Lankan GDP, and also in absolute value. The apparel sector accounts for 52% of Sri Lanka’s total export value. But they are gradually losing steam, and nothing is else is emerging to fill the gap. This Insight examines the apparel sector, its trajectory and the implications of this trajectory for Sri Lankan exports as a whole.