||Weak export demand and poor availability of auction quantities adversely affected the performance of the tea industry. Auction quantities were down by 15.5% and export earnings contracted by 3.8% on YoY basis during the period of January to May 2016.
||Rain and floods severely disrupted the performance of the rubber industry in Q2 2016 leading to poor availability of auction quantities and importation of latex to meet the domestic market demand.
||Textile and garment sector recorded a salient growth of 5.3% during January to May 2016 driven by export growth in two major markets, USA (4.7%) and EU (3.7%).
|Consumer Durables Sector
||Consumer durables sector recorded robust growth levels in sales volumes and revenue during H1 2016 being less affected by the extreme weather conditions which had severe growth implications for many other economic sectors.
||The FMCG sector was severely affected by floods leading to subdued volume growth and severe supply disruptions during Q2 2016.
||The tourism sector recorded a strong 16.2% growth in arrivals during H1 2016 (driven by a 22% growth in Q1 and 8% growth in Q2 2016) with a significant growth in arrivals from China.
||Demand for Tuna in the EU market shot up with the lifting of EU the ban, but catering to demand is a challenge given the noticeable decrease in live fish in Sri Lankan deep waters.