Economy

Coconut Export Revenue Up 21% Amid Shipping Disruptions

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The Coconut Development Authority says Sri Lanka’s coconut export revenue has increased by 21 percent during the first five months of this year compared to the same period last year.

Chairman of the Coconut Development Authority, Shantha Ranatunga said the increase was driven by the adoption of alternative export methods in response to Middle East conflicts that have disrupted key shipping routes.

He noted that exporters were encouraged to use air freight to export coconut and king coconut, helping maintain export volumes despite maritime transport challenges.

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