Sri Lanka's Apex Organisation for Export Promotion
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.
Sri Lanka’s merchandise exports increased by 9.91% to US$ 1,046 Million in February 2022 compared to February 2021 as per the data released by the Sri Lanka Customs. Further, it is a 5.8% increase when compared to February 2020.
A discussion was held between the senior representatives of the Australia High Commission in Sri Lanka and the Sri Lanka Export Development Board (EDB) on 2nd March to share ideas and strategies to promote Sri Lanka’s education sector among international students.
Sri Lanka’s merchandise exports increased by 13% to US$ 1,062.63 Million in January 2022 compared to January 2021 as per the data released by the Sri Lanka Customs. Further, it is a 5.7% increase when compared to January 2020.
Trade Minister Hon Bandula Gunawardhana presented cheques and certificates to potential and existing exporters who were selected as beneficiaries under several EDB-led assistance schemes on 28th January, 2022, during a function held at JAIC Hilton hotel. The beneficiaries were chosen under the EDB assistance programmes on National Export Brand Development, New Exporter Development, and Market Access Support.
Sri Lanka’s merchandise exports increased by 16.71% to US$ 1,125.69 Million in December 2021 compared to December 2020 as per the data released by the Sri Lanka Customs. In parallel, 12.48% increase recorded in December 2021 compared to December 2019.
Sri Lanka’s merchandise exports increased by 55.11% to US$ 1,215.6 Million in November 2021 compared to November 2020 as per the data released by the Sri Lanka Customs. Exports maintained above one billion dollars for the fifth consecutive month in November this year.
As the country’s exports continue to recover from the COVID-19 pandemic, the Sri Lanka Export Development Board (EDB) remains confident of the future prospects of the country’s export sector, with its focus to break into premium markets.
Last year, the Export Development Board (EDB) could not hold the Presidential Export Awards for financial year 2019/2020 due to the outbreak of COVID-19 and therefore it was held as a combined awards scheme this year.
Sri Lanka’s merchandise exports increased by 35.9% to US$ 1,160.62 Million in October 2021 compared to October 2020 as per the data released by the Sri Lanka Customs. Exports maintained above one billion for the fifth time this year.
Sri Lanka Export Development Board (EDB) is planning to hold the 24th Presidential Export Awards Ceremony for the financial years 2019/20 and 2020/21 on 26th November 2021 at the Bandaranaike Memorial International Conference Hall (BMICH) under the patronage of His Excellency the President, Gotabaya Rajapaksa.
Sri Lanka’s merchandize exports in September 2021 recorded US$ 995.8 Mn as per the data released by the Sri Lanka Customs.
Sri Lanka’s merchandize exports in August 2021 recorded an increase of 14.4 % to US$ 1,083.56 Mn as compared to US$ 947.2 Mn recorded in August 2020 as per the data released by the Sri Lanka Customs.
The Embassy of Sri Lanka in Viet Nam and the Export Development Board of Sri Lanka (EDB) organized a virtual conference to share information about, and opportunities in, the Buddhist Education Sector in Sri Lanka with prospective institutions in Viet Nam, on the 25th of August 2021. The main purpose of holding the virtual conference was to promote Sri Lanka as the prime destination at which prospective Vietnamese Monks, Nuns and laymen may learn, practice and follow the Noble Doctrine of the Lord Buddha. The event was attended by more than 100 Vietnamese Monks, Nuns and laymen who are willing to further their studies in Sri Lanka.
Sri Lanka Export Development Board (EDB) is planning to hold the 24rh Presidential Export Awards Ceremony for the financial years 2019/20 and 2020/21 on 26th November 2021 at the Bandaranaike Memorial International Conference Hall (BMICH) under the patronage of His Excellency the President, Gotabaya Rajapaksa.
Sri Lanka’s exports have surpassed the $ 1 billion mark in July after four months’ time period where the similar achievement was only recorded in March during this year.
As per the latest statistics released by the Sri Lanka Customs, the export sector performance has been able to maintain its upward trend in June 2021 with exports increasing by 9.41 % to US$ 978.2 Mn compared to June 2020. This upward trend was evident year-on-year for the last four months.
Sri Lanka’s export sector performance has been able to managed its growth momentum in May 2021 with the challenges of this pandemic. “We are happy to see that export levels are reaching fast to the pre-Covid 19 levels despite the continuous multiple challenges faced by our exporters with intermittent travel restrictions and local area isolations. Maximum efforts are be taken to secure the export orders in hand while attracting new orders to the country – the responsibility of the authorities are to facilitate the exporters in every possible way to keep them operating”, Chairman, EDB.
EDB Chairman Suresh de Mel stated that the export target would certainly witness a revision due to the week-long travel restrictions that have come into effect and several areas being caught under the isolation. However, he said it is too premature to assess the impact or divulge the revised target. He noted that the revision is ‘absolutely necessary’.
