Sri Lanka, Jan. 28 -- A new study has sounded the alarm on Sri Lankas export prospects, revealing that the country faces a potential loss of US$ 1.62 billion in exports to the United States in 2026 due to escalating trade policy distortions.
The study, titled "Trade Policy Uncertainty and Impacts on Developing Countries' Exporters: The Case of Sri Lanka," was conducted by the Centre for a Smart Future (CSF) and authored by Anushka Wijesinha and Senith Abeyanayake.
Published on 'Southviews' by the South Centre, the research utilises gravity model simulations to estimate that while a scenario with no tariff changes could see exports to the US rise to US$ 3.45 billion, the current volatile environment could contract this potential significa...