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Sri Lanka rubber product exports skid amid concerns over US tariffs

    ​​​​​​​Even before the new US tariff hikes have taken effect, Sri Lanka’s rubber export sector has shown signs of strain. Earnings from tire-tube exports for March 2025 have come down by over 17% and for the first quarter, by nearly 24%, year-on-year.

    Highlights

    • First quarter tire and tube exports fall by around 24% YoY
    • SLAMERP asks Govt to talk tariff disparity with US
    • CEAT’s share in OE tire market tops 90%