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Exports to the EU grow strongly with GSP+

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