Sri Lanka Customs’ October revenue exceeds target by 4.9-pct

EconomyNext reports that Sri Lanka Customs collected 202.7 billion rupees in October 2026, exceeding its monthly target of 193.3 billion rupees by 4.9%.

EconomyNext reports that Customs’ revenue for January to October reached 2,336 billion rupees, about 15.9% higher than in the same period of 2025. The outlet says the total exceeded the cumulative target by 27.5% and was 8.3% above the full-year target of 2,207 billion rupees set for 2026.

Hiru News reports that Customs has passed its full-year revenue target with two months still remaining in the year. EconomyNext says the 2026 target was set 13.5% below the previous year’s target amid expectations of a significant fall in car imports.

EconomyNext reports that Customs collected a record 2,551 billion rupees in 2025, exceeding a revised target of 2,241 billion rupees. It attributes the recent rise to stronger enforcement, improved valuation, recovering import volumes and tighter checks on under-invoicing and misdeclared goods.

EconomyNext says imports fell sharply after Sri Lanka’s 2022 economic crisis and foreign-exchange restrictions, then recovered as reserves stabilized, some import controls were relaxed and consumer demand improved. The outlet reports that analysts expect Customs to set a new annual revenue record in 2026.