The strong performance has pushed total Customs revenue for the first five months of the year to Rs. 1,143.7 billion, marking a 44 percent increase compared to the corresponding period in 2025 and surpassing expected targets.
Customs has already achieved 51.8 percent of its annual revenue goal of Rs. 2,207 billion for 2026. The target was set lower than last year’s collection due to expectations of a slowdown in vehicle imports.
Officials attributed the improved revenue performance to strengthened enforcement measures, enhanced customs valuation procedures and a recovery in import volumes following several years of decline.
Efforts to curb under-invoicing and false declarations have also contributed significantly to increased revenue collections, further strengthening Customs’ contribution to state finances.
Sri Lanka Customs recorded a strong performance in 2025 as well, exceeding its revised revenue target of Rs. 2,241 billion by more than Rs. 300 billion and achieving a substantial increase compared to the previous year.
Based on current trends, Customs officials remain confident of meeting or surpassing the revenue target set for 2026.