Sri Lanka's Apex Organisation for Export Promotion
The 1st of August, 2023, marks the 44th anniversary of the Sri Lanka Export Development Board (EDB). The EDB was established in 1979 with the objective of establishing a strong government-level institutional framework to develop and promote Sri Lanka’s exports in order to integrate with the global economy consequent to the adoption of liberal economic policies in 1977, and it has been at the vanguard in terms of promoting and developing exports in Sri Lanka for over four decades.
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, individual sectoral involvement, export regions per each product, their market growth and projected export forecast for the year 2022 and minimum five preceding years.
The Export Development Board (EDB) Advisory Committee on Gems, Diamonds & Jewellery sector has emphasized the importance of making Sri Lankan Gem & Jewellery traders more competitive and simplifying policy measures during the 7th Advisory Committee Meeting held recently.
Sri Lanka Export Development Board (EDB) in collaboration with the Swiss Import Promotion Programme (SIPPO) is organizing a webinar series on the opportunities available in the Swiss and European markets for Value Added Textiles, Fish & Seafood and Processed Food for the Sri Lanka’s exporters/ potential exporters.
An official delegation from Israel met the senior EDB officials on 29th June and had a fruitful discussion to explore avenues to promote trade and economic cooperation between Israel and Sri Lanka.
The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka Embassy in Thailand, facilitated the visit of six Sri Lankan companies to ProPak Asia 2023. The 6 member delegation
Sri Lanka’s merchandise exports increased by 16.6 % to US$ 989.7 Million in May 2023 compared to April 2023. However, it is a 5.59 % decrease when compared to May 2022.
The Sri Lanka Export Development Board (EDB) is pleased to announce that the 25th Presidential Export Awards (PEA) Ceremony will be held on Thursday, 23rd November 2023 at the Bandaranaike Memorial International Conference Hall (BMICH) under the patronage of the President of the Democratic Socialist Republic of Sri Lanka, Hon. Ranil Wickremesinghe.
The Sri Lanka Export Development Board (EDB) successfully organized the inaugural "EDB Open Day" program, aimed at providing guidance to innovative entrepreneurs and encourage their participation in the export sector. Held on 15th June at the EDB premises, the event garnered a tremendous response with over a thousand budding entrepreneurs from across the island in attendance. Notably, the program witnessed a significant participation of young individuals who were passionate in exploring opportunities in the export market.
EDB Boat and Ship Building Advisory Committee emphasized the importance of developing a strategy for the nautical tourism industry in Sri Lanka as the country has a massive potential for nautical tourism considering the high marine diversity as well as the strategic location of the country during the 7th meeting of the Advisory Committee, which was held on 26th May.
The Sri Lanka Export Development Board (EDB) is excited to announce the upcoming "EDB Open Day" event - a one-day program – which will take place on Thursday, 15th June, 2023, from 9:30 am to 4:30 pm at the EDB, No 42, Nawam Mawatha, Colombo 02. The event will provide a valuable platform for potential exporters, small and medium-scale entrepreneurs, Start-ups and innovative thinkers to explore the opportunities in the export field and know the services offered by the EDB.
Sri Lanka’s merchandise exports decreased by 16.15 % to US$ 814.1 Million in April 2023 compared to April 2022. Moreover, it is a 0.5 % decrease when compared to April 2021.
An Industry Networking Event and a Technical Workshop on Electronic Assembly were held on 25th May 2023 at the Department of Electronic & Telecommunication Engineering, University of Moratuwa, in association with the IPC India, Sri Lanka Export Development Board (EDB), and Sri Lanka Electronic Manufacturers and Exporters Association (SLEMEA).
Sri Lanka’s merchandise exports decreased by 1.96 % to US$ 1,037.5 Million in March 2023 compared to March 2022. Moreover, it is a 5.14 % decrease when compared to March 2021. Less demand created for major products in major markets due to the current economic situation further continues.
In an event held in Colombo on the 28th of April 2023, the Sri Lanka Export Development Board (EDB) made public the National Organic Certification Mark (NOCM) to increase consumers’ awareness on organic food production. The event was organized by the National Organic Control Unit (NOCU) of the EDB, in collaboration with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH in Sri Lanka, co-funded by the European Union (EU) and the German Federal Ministry for Economic Cooperation and Development (BMZ).
United Nations Industrial Development Organization (UNIDO) and the Delegation of German Industry and Commerce (AHK Sri Lanka) together with the Sri Lanka Export Development Board (EDB) organized an awareness program for Sri Lankan exporters in preparation for the forthcoming German Act on Corporate Due Diligence in Supply Chains that came into force in Germany from 1st January 2023. The initiative aimed to increase awareness regarding the new law in Germany, and outline the challenges and opportunities for Sri Lankan Export Industries.
Export Development Board of Sri Lanka (EDB) new Chairman Dr. Kingsley Bernard yesterday revealed plans to achieve $ 31.3 billion target by 2027 thereby heralding much-needed dollar earnings to overcome the prolonged foreign exchange dearth and stabilise the economy.
Veteran Export Professional Dr. Kingsley Bernard assumed Chairmanship of the Sri Lanka Export Development Board (EDB) on 3rd April 2023.
The inaugural conference was convened on the 27th of March, sponsored by International Consultants, Chairman, Mr. Ranjiv Goonawardena, in collaboration with the Sri Lanka Export Development Board and the Sri Lankan High Commission in Pretoria.
The Women Entrepreneurship Development Programme organized by the Sri Lanka Export Development Board (EDB) was focused on the theme "Branding through Packaging" to support women led businesses in Sri Lanka. The program aimed at enhancing their knowledge on product branding and packaging to help them to enter the international market. The EDB collaborated with Slick, a leading company in Sri Lanka packaging industry, to provide valuable insights and guidance to the participants from their expertise in Branding and Packaging. The program was organized to coincide with International Women's Day and is part of the EDB's efforts to support and empower women led businesses in Sri Lanka to enter the export market.
