Sri Lanka's Apex Organisation for Export Promotion
A high-level business Delegation from the Sverdlovsk Regional Government of Russian Federation visited Sri Lanka for a three-day programme from 23rd to 26th January 2023. Mr. Vladimir Smirnov, Honorary Consul of Sri Lanka in Sverdlovsk Region led the Business delegation which included prominent business leaders from the Region.
Earnings from the merchandise exports decreased by 9.7 % y-o-y to US$ 1,044 Mn in December 2022 as per the data released by the Sri Lanka Customs. This was mainly due to the decrease in export earnings from Apparel & Textiles, Tea, Rubber based Products, and Coconut based Products, Food & Beverages, Spices & Essential Oils and Fisheries products.
Sri Lanka Export Development Board presents its flagship statistical publication “Export Performance Indicators 2021”. The latest edition provides statistical information related to Sri Lanka’s external trade and its contribution to major economic indicators such as trade balance, GDP and individual sectoral involvement for the year 2021 and five preceding years.
The Sri Lanka Export Development Board (EDB) ceremoniously launched Ceylon Cinnamon Geographical Indication (GI) Control Plan Guidance books at Ramada Hotel on 8th December. The financial assistance for the publication was provided by the International Finance Corporation (IFC) and the European Union (EU).
Earnings from the merchandise exports decreased by 8.18 % y-o-y to US$ 1,094.8 Mn in October 2022 as per the data released by the Sri Lanka Customs. This was mainly due to the decrease in export earnings from Apparel & Textiles, Tea, Rubber based Products, Coconut based Products, Spices & Essential Oils and Fisheries sector. Further, the impact of global crisis also affecting to decrease export earnings of major products.
Sri Lanka Export Development Board (SLEDB) in collaboration with the Embassy of Sri Lanka in Paris successfully organized Sri Lanka participation at the SIAL Paris – 2022 exhibition held from 15th to 19th October 2022 in Parc Des Expositions- Paris Nord Villepinte in Paris.
The Sri Lanka Export Development Board (EDB) in collaboration with Sri Lanka Tourism Promotion Bureau, Board of Investment and Sri Lanka Tea Board has made arrangements to organize a virtual Sri Lanka Country Pavilion at the 5th China International Import Expo (CIIE).
Sri Lanka Export Development Board (EDB) in collaboration with the Canada Sri Lanka Business Convention and Ceylon Chamber of Commerce organized a business-to-business (B2B) meeting programme recently at the Cinnamon Grand Hotel, Colombo 02.
China International Import and Export Fair, (Canton Fair) - 2022, organized as a hybrid event with the participation of companies all over the world, got underway on 15th October, 2022. The International Pavilion of the event is organized through an online platform due to the prevailing travel restrictions in China, and it consists 50 different sections under 16 categories.
Earnings from the merchandise exports increased by 5.75 % y-o-y to US$ 1,093.98 Mn in September 2022 as per the data released by the Sri Lanka Customs. This was mainly due to the increase in export earnings from Apparel & Textiles, Tea, Gems & Jewellery, Electrical & Electronic Components and Spices & Essential Oils.
Stressing the importance of providing a business conducive environment, “the government is focused and has given the highest recognition to exports and investments – to create employment, enhance foreign exchange earnings with economic and social benefits to our people”, the State Minister for Investment Promotion, Hon. Dilum Amunugama said, expressing his views at a meeting held with the Chairmen and representatives of EDB’s Advisory Committees on Thursday, October 14th, at the BOI Auditorium in Colombo.
Earnings from the merchandise exports increased by 10.24 % y-o-y to US$ 1,213.7 Mn in August 2022 as per the data released by the Sri Lanka Customs. This was mainly due to the increase in earnings from export of Apparel & Textiles.
Sri Lanka’s leading food and organic product exporters urged the nation’s premier product testing laboratories to enhance their levels of efficiency and effectiveness to enable them to provide a superior service to their overseas customers. These sentiments were aired at a meeting organized by the Sri Lanka Export Development Board (EDB) on 30th August, 2022, to provide a platform for the exporters and product testing laboratories in the island to share their requirements and capacities with each other.
Earnings from the merchandise exports increased by 2.25 % y-o-y to US$ 1,128.7 Mn in July 2022 as per the data released by the Sri Lanka Customs. This was mainly due to the increase in earnings from export of Apparel & Textiles.
The Sri Lanka Export Development Board (EDB) organized an informative webinar on “Opportunities in the Israeli Market” in collaboration with the Embassy of Sri Lanka in Israel together with the support of the Federation of Israeli Chambers of Commerce (FICC) and Israel – Sri Lanka Chamber of Commerce on 03rd August, 2022.
Earnings from the merchandise exports increased by 20 % y-o-y to US$ 1,208.2 Mn in June 2022 as per the data released by the Sri Lanka Customs. This was mainly due to the increase in earnings from export of Apparel & Textiles, Rubber based products, Coconut based products, Food & Beverages and Seafood.
Sri Lanka marked an important milestone in 2022, with the country receiving its first-ever Geographical Indication (GI) certification from the European Union (EU) Commission. The certification was a result of a decade-long endeavor led by the Sri Lanka Export Development (EDB) with the support of numerous public and private stakeholders.
Organic food production and trade is evolving into a rapidly growing industry across the world. Prompted by a developing inclination for healthy life choices and awareness on the benefits of organic food, a greater number of global consumers are opting for organic products. In the midst of this competitive industry, Sri Lankan producers and manufacturers find themselves in lucrative circumstances.
Earnings from the merchandise exports increased by 9.9 % y-o-y to US$ 980.2 Mn in May 2022 as per the data released by the Sri Lanka Customs. This was mainly due to the increase in earnings from export of Apparel & Textiles, Coconut based products and Electrical & Electronic Components.
Earnings from the merchandise exports increased by 11.87% y-o-y to US$ 915.3 Mn in April 2022, the highest monthly value recorded for the month of April.
