Sri Lanka's Apex Organisation for Export Promotion
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.
Fair trade is an alternative to conventional trade which strives to support producers and workers across the world, to achieve sustainable and equitable trade relationships.
The Sri Lanka Export Development Board (EDB) – Regional Development division implemented an Export Coaching Programme as a pilot project for twenty-five (25) selected, export potential SMEs that are registered under the EDB – New Exporter Development Programme and assist them to develop capacities to enter the export market.
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.
Every year Global Entrepreneurship Week is celebrated during the week of the second Monday in November to appreciate the contribution of entrepreneurs towards the well-being of societies across the world by the Global Entrepreneurship Network (GEN) – a worldwide platform of initiatives and programs that are designed to assist with the creation of a global entrepreneurial ecosystem.
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.
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.
The Export Development Board (EDB) raised concerns on the shortage of containers as a result of multiple global supply chain bottlenecks.
The Sri Lanka Export Development Board (EDB) is collaborating with The Ceylon Chamber of Commerce (CCC), and the United States Agency for International Development (USAID) supported Partnership for Accelerating Results in Trade, National Expenditure and Revenue (PARTNER) Activity to implement a capacity building programme for Development Officers attached to EDB.
The Sri Lanka Export Development Board (EDB) and Sri Lanka High Commission in New Delhi, India jointly organized an online briefing session with Amazon India (www.amazon.in) on 29th June, 2021, to explore the digital marketing opportunities available for the Sri Lankan exporters in the Indian market via the highly reputed e-commerce platform; amazon.in.
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.
The Consulate General of Sri Lanka to Victoria, South Australia and Tasmania together with the Sri Lanka Export Development Board (EDB) and the Sri Lanka and Australia Chamber of Commerce (SLACC) organised a webinar titled – Exporting to Australia – What you need to know - on the 20th May, 2021. Kalum De Silva, President of SLACC, moderated the session. He is the founding national president of SLACC.
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’.
Sri Lanka’s export performance continued its upward momentum in the first three months of 2021. Due to the Covid-19 pandemic induced lockdown last year, exports were contracted by a record 64.63 per cent in April 2020. However in April this year, exports grew up by 183 per cent to US$ 798.9 Mn in comparison to the previous year.
