FashionUS demand weakens, pulls down Sri Lanka's shirt export...

US demand weakens, pulls down Sri Lanka’s shirt export prices

-

- Advertisment -spot_img




Sri Lanka’s shirt exports to the US have seen a consistent drop in average unit prices, declining by 11.98 per cent to $8.96 in early 2024 from $10.18 in 2022.
Export volumes and values also fell, impacted by weaker demand from US brands.
Export values decreased 29.48 per cent from 2022 to 2023, marking a significant challenge for Sri Lankan exporters amid fluctuating global market conditions.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Benefit system unfair and indefensible, says PM

Joshua NevettPolitical reporterHelen CattPolitical correspondentReutersSir Keir Starmer has called the current benefits system "unsustainable", "indefensible" and "unfair", and...

India seeks competitive edge in US market, pushes for zero-tariff deal

US President Donald Trump’s stance on tariff reciprocity presents a serious economic challenge not only for India but...

Trump Seeks to Expel a Green Card Holder, Mahmoud Khalil, Over Student Protests

The Trump administration invoked an obscure legal statute over the weekend in an attempt to deport a recent...

IIFA 2025: Madhuri Dixit Channels Retro Glam In A Custom Gauri And Nainika Red Gown – News18

Last Updated:March 10, 2025, 00:04 ISTMadhuri Dixit opted for a red gown by Gauri and Nainika for her...
- Advertisement -spot_imgspot_img

Rubio says mineral deal ‘not main topic on agenda’ in Ukraine meeting

Secretary of State Marco Rubio told reporters on Monday that the mineral deal, sought by President Donald...

Must read

New country album pays homage to Tom Petty

New country album pays homage to Tom Petty...

At least 10 shot dead as section of Kenyan parliament set on fire

At least ten people were shot dead in...
- Advertisement -spot_imgspot_img

You might also likeRELATED
Recommended to you