Sri Lanka’s merchandise exports increased by 6.98 % to US$ 1,091.6 Million in August 2023 compared to July 2023 as per the provisional data released by the Sri Lanka Customs. However, it is a 10.91 % decrease when compared to the value recorded in August 2022.
Sri Lanka’s control body for organic agriculture - the National Organic Control Unit (NOCU), operating under the aegis of the Sri Lanka Export Development Board (EDB), has taken a significant step towards promoting and regulating Sri Lanka's organic agriculture sector with the launch of its official website - www.nocu.lk.
Export Development Board (EDB) has identified value added Mineral products sector as a potential sector to be developed and promoted in the international market. Sri Lanka possesses a wealth of industrial minerals that can be processed and transformed into value-added products. This value addition can create higher-value exports, generate more employment opportunities, and contribute to the country's economic growth.
Sri Lanka’s Gem & Jewellery sector has a vast potential to increase foreign exchange earnings to achieve the export targets and the sector is identified as one of the key foreign exchange earners in the country.
Ms. Anat Bernstein-Reich, President of Israel - Asia Chamber of Commerce cum Chairperson / Israel - Sri Lanka Chamber of Commerce met Dr. Kingsley Bernard, Chairman of the Sri Lanka Export Development Board (EDB) on 28th August, 2023.
Sri Lanka’s merchandise exports increased by 2.18 % to US$ 1,027.2 Million in July 2023 compared to June 2023 as per the provisional data released by the Sri Lanka Customs. However, it is a 11.79 % decrease when compared to the value recorded in July 2022.
The Ceylon Cinnamon GI Association, a prominent advocate for preserving the authenticity and heritage of Ceylon Cinnamon, successfully convened its inaugural Annual General Meeting (AGM) on August 4th The event took place at the elegant Balmoral hall of The Kingsbury Hotel and was attended by a diverse assembly of over 200 participants representing various sectors of the cinnamon industry.
The National Packaging Centre (NPC) has permanently been established in the Sri Lanka Export Development Board (EDB) premises to support the growth of the local manufacturing industry in Sri Lanka.
The EU Commission by the implementing regulation - (EU) 2022/144, has entered the name ‘Ceylon Cinnamon’ to the register of Protected Designations of Origin and Protected Geographical Indications (Ceylon Cinnamon PGI) with effect from 2nd February, 2022.
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
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.