Whereas Sri Lanka isn’t the world’s largest producer of Coconut, our footprint on global coconut production is still significant. Also, in the context of local exports, as both natural Coconut and value added Coconut exports constitute a significant portion of Sri Lanka’s export earnings, the commercial vitality of Coconut is beyond question.
With increasing emphasis being placed on organic agriculture and the premium prices that authentic organic products command in the global marketplace, Sri Lankan value-added Coconut products exporters are turning slowly but steadily to production of value added organic Coconut products. Considering the growing demand for the organic agricultural products all over the world, this is a commercially astute and positive change of direction. Following are some of the value added organic Coconut products being currently exported by Sri Lankan Coconut products manufacturers and suppliers.
Although Nanotechnology is a lesser celebrated subject in Sri Lanka, one of the country’s main export crops are tipped to benefit from the latest developments in Nanotechnology.
The latest research has discovered a new chemical process to combine carbon nanotubes with natural rubber compounds to enhance its flexibility and strength. What’s more, the process has been found to enhance the mechanical and electrical properties without sacrificing the elasticity of the material.
The medicinal and cosmetic benefits of essential oils derived from a host of herbal, spice and flowering plants that are grown widely in Sri Lanka, has been a long kept secret that found its way to the rest of the world through spice trading merchants of Western Asia.
Today spice suppliers in Sri Lanka produce a range of essential oils through distillation of leaves, bark, roots and flowers to derive the oils and essence trapped inside. Among a large number of essential oils produced in Sri Lanka, a dozen or more are favored by aromatherapists and Ayurveda specialists who believe in the curative powers of these oils;
Is the time ripe for Sri Lankan tea exporters to make a shift away from bulk tea to value added packed at the source tea, Specialty Teas, and Artisan Teas?
Specialty teas or artisan teas have been a well-kept secret in the Sri Lankan tea sector. Produced in small quantities and traded among select circles of tea connoisseurs, who have a taste for rare tea flavors, Ceylon Specialty Tea includes niche segments of local tea industry that produce white tea, fair trade organic tea, single estate loose leaf tea as well as flavored dessert teas.
Sri Lanka's seafood exports to the European Union picked up 19.9 percent in July 2016 from a year earlier, following the lifting of a ban, and apparel exports rose 3 percent, but lower commodity prices have hit petroleum and tea.
Exports fell 4.4 percent to $891.2 million in July 2016 from a year earlier and imports fell 6.6 percent to $1,432 million dollars, shrinking the trade balance 10 percent to $541 million, official data showed.
The much anticipated 16th edition of the World Export Development Forum (WEDF) is held at the BMICH from 12th to 13th of October 2016. The forum represents a momentous occasion for all those who intend to explore the new trade and development landscape and identify the current and emergent trade opportunities & trends.