HomeSri Lanka NewsSri Lanka Customs Surpasses Revenue Target for Third Consecutive Month

Sri Lanka Customs Surpasses Revenue Target for Third Consecutive Month

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Sri Lanka Customs has exceeded its revenue target for the third consecutive month, achieving its March goal ahead of schedule, according to official data. The March target of Rs. 180.4 billion was surpassed within the first 26 days, with collections reaching Rs. 184.8 billion—an increase of 2.4%.

The strong performance follows a record-breaking 2025, where Customs generated Rs. 2,551 billion, significantly exceeding the revised target and marking a 64.2% year-on-year increase. For 2026, the revenue target has been set at Rs. 2,207 billion, reflecting expectations of reduced vehicle imports.

Data indicate that 28.8% of this year’s target has already been achieved within the first 85 days. However, growth in vehicle imports is showing signs of moderation. Recent insights from JB Securities highlight a slowdown, with imports declining and personal vehicle purchases dropping notably in early 2026.

Despite emerging challenges, Customs’ consistent performance signals continued resilience in revenue mobilisation.

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