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Sri Lanka’s exports surge to US$ 6.9 Bn in first five months of 2025

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Sri Lanka’s export sector demonstrated remarkable resilience and steady progress during the first five months of 2025, with total exports reaching US$6,933.35 million, marking a robust 7.14% growth compared to the same period in 2024. 

According to the Export Development Board (EDB), total exports, including both merchandise and services, reached US$1,386.66 million in May 2025. This shows an impressive year-on-year growth of 6.35% over May 2024, reflecting the resilience of Sri Lanka’s export sector and the positive impact of strategic efforts to diversify markets and enhance competitiveness.

In May 2025 alone, merchandise exports grew by 1.70 % year-on-year, reaching US$1,028.52 million, according to provisional data of Sri Lanka Customs, including the estimates for Gems & Jewellery and Petroleum Products. For the period January to May 2025, merchandise exports totalled US$5,344.23 million, reflecting a 5.46% increase compared to the same period in 2024. 

Meanwhile, services exports have emerged as a key driver of overall export growth. In May 2025, earnings from services exports were estimated to be US$358.14 million. Over the first five months of the year, services exports are estimated to have increased by 13.20%, totalling US$1,589.12 million. This trend highlights the rising importance of Sri Lanka’s knowledge-based economy and its growing contribution to national export earnings.

The services export sector, comprising ICT/BPM, Construction, Financial services, and Transport & Logistics, continues to diversify Sri Lanka’s export portfolio and create high-value employment opportunities across the Island.

Economy

Government to consider cable car project at Sri Pada to boost tourism

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The government is exploring the introduction of cable car facilities at Sri Pada (Adam’s Peak), as part of broader efforts to enhance tourism infrastructure.

The proposal was discussed at a Tourism Task Force meeting held on Tuesday (28) at the Presidential Secretariat under the patronage of Foreign Affairs, Foreign Employment and Tourism Minister Vijitha Herath.

During the meeting, it was noted that long-standing requests have been made to introduce a cable car system in the Sri Pada area, and several other locations, including Kikiliyamana and Ella, have also been identified as potential sites for similar projects.

Conducting feasibility studies for these locations, obtaining the necessary preliminary approvals and examining the reports required for implementation was focused on during the meeting.

Moreover, the meeting also reviewed plans to introduce a visa-free facility for citizens of 40 countries from May 25, a move expected to boost tourist arrivals.

Progress on improving sanitation facilities in 19 national parks, including Yala, was also discussed, with authorities noting that maintenance responsibilities have been assigned to a private entity.

Plans to establish a dedicated tourist zone along the coastal stretch from Kollupitiya were also discussed, with expectations that the initiative could attract between 2,000 and 3,000 visitors.

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Economy

Sri Lanka’s tourist arrivals exceed 840,000 so far this year

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The Sri Lanka Tourism Development Authority (SLTDA) stated that the number of tourist arrivals in Sri Lanka so far has crossed the 840,000 mark.

Accordingly, a total of 840,411 tourists have visited the country between January 1 and April 22, 2026.

The highest number of arrivals has been recorded from India, with 176,465 tourists, the SLTDA noted. 

A significant number of visitors have also arrived from countries including the United Kingdom, Russia, Germany, and China.

Meanwhile, the SLTDA stated that a total of 99,777 tourists arrived in the country between April 1 and April 22, 2026.

However, the data indicate that daily tourist arrivals in April have declined significantly compared to previous months.

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Economy

Haputale restaurant fined Rs. 1 million forover pricing bottled water

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A restaurant in Haputale has been fined Rs. 1 million for selling a bottle of drinking water above the maximum retail price.

The fine was imposed by the Bandarawela Magistrate’s Court on April 24 following a raid conducted by the Consumer Affairs Authority Badulla District Office.

The raid targeted a restaurant owned by a private company on Welimada Road in Haputale. Authorities found that the establishment had sold bottled water at a price exceeding the approved limit.

The court subsequently imposed a fine of Rs. 1,000,000 on the hotel. 

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