The apparel industry is currently experiencing a flurry of activity. Readmission to the EU’s preferential trade programme GSP+ has created excitement in an industry that employs over 300,000 Sri Lankans. Factories have reached full capacity, and manufacturers are now rejecting big orders.
For a more comprehensive look at the past year under GSP+, refer our story ‘A year of GSP+’.
$1.9 billion
Total apparel exports Jan-May 2018
43%
Share of total exports to the EU Jan-May 2018
6%
Growth in apparel exports to the EU Jan-May 2018
$2.1 billion
Apparel exports to the EU since readmission to GSP+ in May 2017