Sri Lanka apparel exports caters more to niche markets: Report

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Sri Lanka’s exports are designated to more niche and fashion-oriented markets rather than concentrating on volume products, a latest report showed.

The Business Information Division of the Ceylon Chamber of Commerce has released its latest review conducted on the apparel industry.

The release titled ‘Apparel Sector 2015,’ can now be obtained in CD Version.

According to the report, our export products differs from other South Asian countries, as Sri Lanka excels in producing intimate apparel, sportswear, trousers and swimwear.

The report says the exports have equally divided between cotton and manmade fiber products.

The latest publication also consists of information, such as an overview of the world apparel industry, market share of neighboring countries in South Asia.

It also contains Sri Lanka’s apparel sector in brief, apparel sector exports during the last five years, top importing and exporting countries of apparels, HS Code wise exports statistical analysis and industry experts’ view of the trade.