Sri Lanka, April 24 -- The Sri Lanka Export Development Board (EDB Sri Lanka) states that despite the ongoing conflict in the Middle East, Sri Lanka recorded export earnings of US$ 1,467 million in March.

The Chief Executive Officer of the Board, Mangala Wijesinghe made these remarks at a press conference held yesterday (23).

According to the data, US$ 1,180 million was generated from merchandise exports, while US$ 286 million was earned from service exports.

This represents a 9% increase in export earnings for March compared to February.

However, due to the conflict in the Middle East, export earnings for March this year reflect a 5.2% decline compared to March of the previous year.

Meanwhile, sectors such as coconut-based products,...