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

26 Oct '24
2 min read
US demand weakens, pulls down Sri Lanka's shirt export prices
Pic: Adobe Stock

Insights

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

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