Tuesday, April 16, 2024

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Sri Lanka’s coconut water exports surge, garnering Rs. 3.4 billion in February 2024

March 25, Colombo (LNW): In February of this year, Sri Lanka’s export of coconut water generated an income of Rs. 3,439 million, reported the Coconut Development Authority (CDA).

This marks a notable increase compared to the Rs. 2,705 million earned from coconut water exports in February 2023, according to CDA data.

CDA Chairman Professor Roshan Perera highlighted that there has been a significant rise in export income, amounting to Rs. 734 million, during the pre-spring months of this year in comparison to the previous year.

These figures were discussed during a meeting chaired by Agriculture Minister Mahinda Amaraweera earlier yesterday (25).

Amaraweera emphasised the potential for further income growth, noting that by addressing the annual loss of Rs. 300 million incurred due to wildlife-related damages to coconut trees, additional revenue could be generated.

This, in turn, would contribute to augmenting the income of coconut growers.

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