Key Market Indicators
Sri Lankan imports of clothing accessories are projected to hit $485,000 by 2028, up from $444,000 in 2023. This marks an average annual growth rate of 1.4%. The country's demand for these products has been on an upward trend since 1999, increasing by an average of 1.9% each year. On the export front, Sri Lanka's clothing accessories are expected to decline slightly. Exports are forecasted to drop to $41,000 by 2028, down from $42,000 in 2023, reflecting a 0.2% annual decrease. This downward trend has been consistent since 1999, with exports shrinking at an average rate of 0.2% per year.