Compared to January 2023, agricultural exports shown a modest increase of 3.58%, reaching US$ 225.43 million in January 2024.
However, industrial exports experienced a decline of 2.08% during the same period, dropping to US$ 744.77 million.
Export earnings from tea which made up 12% of merchandise exports, increased by 2.63 % y-o-y to US$ 102.18 Mn in January 2024 compared to January 2023.
Moreover, Export earnings from Rubber and Rubber Finished products have increased by 7.68 % y-o-y to US$ 81.72 Mn in January 2024,
On monthly analysis, export earnings of Coconut based products increased by 16.74 % in January 2024 compared to January 2023.