Sri Lanka's Apex Organisation for Export Promotion
China Market for Fresh Pineapple has been facilitated for the fresh pineapple exporters by the Sri Lanka Embassy in China, NPQS (National Plant Quarantine Service), Ministry of Plantation Industries, Department of Agriculture, GACC (General Administration of Customs of China), EDB (Sri Lanka Export Development Board).
A prominent delegation of 30 members of China National Garment Association (CNGA), led by Executive Vice President of XIE QING and Ningbo Garment Association Vice president and Secretary General MAO YIHUA met the Chairman/ CEO, EDB
In a landmark move aimed at propelling Sri Lanka’s export sector to new heights, the Sri Lanka Export Development Board (SLEDB) and People’s Bank have entered into a strategic partnership.
The Sri Lanka Export Development Board (EDB) in collaboration with the Sri Lanka High Commission in Male, Maldives and Sri Lanka – Maldives Business Council (SLMBC) will be organizing a group of 19 exporters including 15 SME entrepreneurs to participate at “Hotel Asia Exhibition & International Culinary Challenge 2024”.
The merchandise export performance in March 2024 amounted to US$ 1,138.9 million, recorded an increase of 9.77 % compared to March 2023. Furthermore, export performance in March 2024 increased by 7.51 % compared to the preceding month, February 2024. Figure 1 shows Monthly Merchandise export performance from the year 2021 to March 2024.
In a significant move towards attracting export-oriented businesses to Port City Colombo, CHEC Port City Colombo (Pvt) Ltd recently entered into a partnership with the Sri Lanka Export Development Board (EDB).
A delegation from the Singapore Food Agency (SFA), the competent authority responsible for food safety and security in Singapore, visited Sri Lanka from the 25th to the 28th of March. The delegation was headed by Dr. Abdul Jalil Abdul Karder, Assistant Chief Executive Officer (Operations), along with two other officers from the Joint Operation Division of the SFA. The purpose of the visit was to conduct pre-inspections of slaughterhouses in Sri Lanka that have applied for licenses from the SFA in Singapore, with the objective of assessing the potential of Sri Lankan companies to be approved as sources of poultry products for Singapore.
The Sri Lanka High Commission in Pretoria, South Africa, in collaboration with the Sri Lanka Export Development Board (EDB) and the Gauteng office of Trade and Investment Kwazulu-Natal, organized an informative webinar on “Available renewable energy projects in Kwazulu-Natal” for the Sri Lankan renewable energy companies on 26th March 2024.
The Sri Lanka Association of Non-State Higher Education Institutes (SLANSHEI) held its Annual General Meeting on 22nd March 2024 at Waters Edge, Battaramulla.
The UK Trade Partnership Programme project in Sri Lanka, funded by the Government of the United Kingdom and implemented by the International Trade Centre (ITC), aims to promote exports by facilitating access to markets, providing technical advisory services to SMEs, and strengthening business support organizations.
The merchandise export performance in February 2024 amounted to US$ 983.7 million, recorded a modest increase of 0.17 % compared to February 2023. Furthermore, export performance in February 2024 increased by 1.3% compared to the preceding month, January 2024.
The Sri Lanka Export Development Board (EDB) in collaboration with the Ministry of Industries and Department of Commerce organized a seminar on “Exploring Opportunities and Implications of the Sri Lanka-Thailand Free Trade Agreement" at the Auditorium of Postgraduate Institute of Management (PIM) on 29th February, 2024 for Sri Lankan exporters.
The merchandise export performance in January 2024 amounted to US$ 970.7 million, recorded a 0.77 % decline compared to January 2023.
The Sri Lanka Export Development Board (EDB) with the assistance of the Sri Lanka Embassy in UAE and the Sri Lanka Consulate General in Dubai made arrangements to organize Sri Lanka participation at 30th edition of the Dubai International Boat Show (DBIS) held from 28th February – 03rd March 2024 in Dubai, UAE.
Considering Sri Lanka’s reputation for its manufacturing excellence with extensive operations in South Asia, the Sri Lanka Export Development Board (EDB) in collaboration with Sri Lanka Missions in the USA organized the Sri Lanka Country pavilion at “Sourcing at Magic Exhibition” in Las Vegas, USA, which was held recently with the participation of eleven (11) Sri Lankan companies.
A Fundamental Course on Hand Soldering and a Practical Workshop on Electro Static Discharge (ESD) and Electronic Assembly was held on 13th February 2024 at the Department of Electronic & Telecommunication Engineering, University of Moratuwa, in association with IPC India, Sri Lanka Export Development Board (SLEDB), and Sri Lanka Electronic Manufacturers and Exporters Association (SLEMEA). This event was held for the second consecutive year.
In Sri Lanka’s pursuit of transforming into a high-income country by 2048 involving trade negotiations with countries like Thailand, the Sri Lanka Thailand Free Trade Agreement (SLTFTA), was signed, during the visit of Thai Prime Minister Hon. Srettha Thavisin and his delegation of business dignitaries today (03/02/2024) at the Presidential Secretariat.
The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka Apparel Sourcing Association (SLASA), the Sri Lanka High Commission in the UK, and the Joint Apparel Association Forum (JAAF), is organizing the 'Sourced Sri Lanka – Textile & Apparel Roadshow' scheduled to take place June 2024 in London.
Sri Lanka’s total exports reached US$ 14.94 Bn in 2023 including merchandise exports (US$ 11.85Bn) and estimated service exports (US$ 3.08 Bn). It is only a 0.39 % decline when compare to the value recorded in previous year (US$ 14.99 Bn). Estimated increase in service exports is around 63%.
A collaborative effort led by the Export Development Board (EDB) alongside Sri Lankan Universities, The Tropical Ornamental Fish Association and Sri Lanka Ornamental Fish Farmers’ Association have organized a one-day workshop on 11th January 2024. The main aim of this workshop was to help improve the export potential of ornamental fish, support grassroots development, and enhance the abilities of exporters.
