SRI LANKA NEWS (MAY  2020) – Compiled by Victor Melder Sri Lanka’s merchandize export earnings fell by 41.9 percent, in March 2020, as the spread of COVID-19, in the country, disrupted the production of merchandise, the Export Development Board said. According to the monthly exports statistics, the year-on-year export earnings fell to US$ 646 million from US$ 1.112 billion, recorded in March 2019. The apparel sector, being the largest contributor, has shown a 41 percent decline during the month of March 2020, compared to the same month, in the previous year. Some of the other sectors that have recorded a significant decline, during the same period, include Tea (-22%), Rubber Products (-15.7%), Coconut products (-14.2%), Spices (-36.5%), fruits and vegetable products (-17.4%), fish and fisheries products (-29%), etc. However, analysis at disaggregate level on Coconut Milk Powder, Defatted Coconut, certain Coconut Kernel Products, Coconut Shell Charcoal, Essential Oils, Oleoresins, Ginger, Lemon, Melon and ...

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