Sector Specific Market Intelligence Reports

Market-entry requirements that need to be fulfilled by agricultural product exporters to enter China, Japan, Australia, Russia, and the USA are included in this report. The report offers comprehensive guidance on requisites that need to be adhered in terms of food safety and certification as well as labelling for each of the market areas.

Africa is a significant market for rubber products, with demand driven by several factors. The continent's growing population and expanding economies have increased the demand for a wide range of rubber products, from tires for transportation to industrial products such as hoses, belts, and seals

The dominant markets for apparel include the USA, EU, and UK. Consequently, the three main markets collectively constitute around 86% of Sri Lanka's apparel exports. Unfortunately, these markets are currently experiencing a recession due to increased energy prices and the ongoing conflict, thereby causing heightened unemployment rates and ultimately leading to reduced consumer spending together with a detrimental economic cycle.

Given these challenges, the Sri Lankan apparel industry is under significant pressure to explore new markets. The research aims to identify potential markets for the sector's growth over the next 5-10 years.

As Sri Lanka’s apparel exports are heavily reliant on the USA and EU, the necessity for market diversification has been underscored for a long period of time. In this backdrop, this insightful report provides guidance on penetrating one of the developed markets in the region – Japan. According to the data from the Japan External Trade Organization (JETRO), the total value of apparel imports to Japan in 2020 was approximately around US$ 22.4 billion. It provides an overview on suggestions to enhance Sri Lanka’s apparel exports to Japan, Free Trade Agreements of Japan, popular international as well as Japanese brands, popular e-commerce platforms for apparel in Japan, and its SME Apparel Importer Associations.