The rubber products industry is a key industry contributing 6.9 % to total exports (2016). Sri Lanka produces a wide variety of rubber products and the major markets are the US, Germany, Belgium, Italy, Canada, the UK and Brazil.
Export of travel-related products from Sri Lanka will enjoy duty free entry to the United States following a decision by the US administration to approve the inclusion of travel goods from all GSP beneficiary countries, including Sri Lanka, in the expanded US GSP scheme on July 1, 2017.
The EDB conducted a Forum on Entrepót Trade with the participation of a large number of traders/exporters and others engaged in the Entrepót trade. Sri Lanka Logistics & Freight Forwarders’ Association (SLFFA), Sri Lanka Shippers’ Council (SLSC), Shippers Academy Colombo and several public sector institutions relevant to the trade including Sri Lanka Customs, Ports Authority and BOI collaborated with EDB in organizing the Entrepót Traders’ Forum held at EDB Auditorium on 13th July 2017.
The EDB, with the assistance of the Sri Lanka High Commission in UK, organised a Technical Training and Exposure Programme for the Rubber Products Sector, at Tun Abdul Razake Research Center (TARRC), UK from June 13 to 16, for eleven representatives (technically qualified) from leading companies manufacturing and exporting rubber products including an officer from the Rubber Research Institute in Sri Lanka.