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Sri Lanka's Export Performance in April 2024

2024-05-21

Sri Lanka's Export Performance in April 2024

The total exports (Merchandise & Service) for the month of April 2024 was recorded as US$ 1,114.22 Million increasing 1.25 % over the corresponding period of 2023.

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People’s Bank and EDB Forge Strategic Alliance to Boost Sri Lanka’s Export Sector

2024-05-14

People’s Bank and EDB Forge Strategic Alliance to Boost Sri Lanka’s Export Sector

In a landmark move aimed at propelling Sri Lanka’s export sector to new heights, the Sri Lanka Export Development Board (SLEDB) and People’s Bank have entered into a strategic partnership.

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Sri Lanka Country Pavilion at Hotel Asia Exhibition & International Culinary Challenge 2024 in the Maldives

2024-05-03

Sri Lanka Country Pavilion at Hotel Asia Exhibition & International Culinary Challenge 2024 in the Maldives

The Sri Lanka Export Development Board (EDB) in collaboration with the Sri Lanka High Commission in Male, Maldives and Sri Lanka – Maldives Business Council (SLMBC) will be organizing a group of 19 exporters including 15 SME entrepreneurs to participate at “Hotel Asia Exhibition & International Culinary Challenge 2024”.

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Sri Lanka's Export Performance in March 2024

2024-05-02

Sri Lanka's Export Performance in March 2024

The merchandise export performance in March 2024 amounted to US$ 1,138.9 million, recorded an increase of 9.77 % compared to March 2023. Furthermore, export performance in March 2024 increased by 7.51 % compared to the preceding month, February 2024. Figure 1 shows Monthly Merchandise export performance from the year 2021 to March 2024.

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MOU Signed Between the Sri Lanka Export Development Board and CHEC Port City Colombo Pvt Ltd

2024-04-30

MOU Signed Between the Sri Lanka Export Development Board and CHEC Port City Colombo Pvt Ltd

In a significant move towards attracting export-oriented businesses to Port City Colombo, CHEC Port City Colombo (Pvt) Ltd recently entered into a partnership with the Sri Lanka Export Development Board (EDB).

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Sri Lanka's Export Performance in February 2024

2024-03-25

Sri Lanka's Export Performance in February 2024

The merchandise export performance in February 2024 amounted to US$ 983.7 million, recorded a modest increase of 0.17 % compared to February 2023. Furthermore, export performance in February 2024 increased by 1.3% compared to the preceding month, January 2024.

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Exploring Opportunities Under Sri Lanka Thailand Free Trade Agreement (SLTFTA)

2024-03-07

Exploring Opportunities Under Sri Lanka Thailand Free Trade Agreement (SLTFTA)

The Sri Lanka Export Development Board (EDB) in collaboration with the Ministry of Industries and Department of Commerce organized a seminar on “Exploring Opportunities and Implications of the Sri Lanka-Thailand Free Trade Agreement" at the Auditorium of Postgraduate Institute of Management (PIM) on 29th February, 2024 for Sri Lankan exporters.

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Sri Lanka's Export Performance in January 2024

2024-03-05

Sri Lanka's Export Performance in January 2024

The merchandise export performance in January 2024 amounted to US$ 970.7 million, recorded a 0.77 % decline compared to January 2023.

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Historic Agreements Strengthen Ties between Sri Lanka and Thailand

2024-02-14

Historic Agreements Strengthen Ties between Sri Lanka and Thailand

In Sri Lanka’s pursuit of transforming into a high-income country by 2048 involving trade negotiations with countries like Thailand, the Sri Lanka Thailand Free Trade Agreement (SLTFTA), was signed, during the visit of Thai Prime Minister Hon. Srettha Thavisin and his delegation of business dignitaries today (03/02/2024) at the Presidential Secretariat.

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Sri Lanka's Export Performance in December 2023

2024-01-30

Sri Lanka's Export Performance in December 2023

Sri Lanka’s total exports reached US$ 14.94 Bn in 2023 including merchandise exports (US$ 11.85Bn) and estimated service exports (US$ 3.08 Bn). It is only a 0.39 % decline when compare to the value recorded in previous year (US$ 14.99 Bn). Estimated increase in service exports is around 63%.

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Sri Lanka Commits to Fair Trade Collaboration: EDB and International Fair Trade Networks Sign a Cooperation Framework

2024-01-17

Sri Lanka Commits to Fair Trade Collaboration: EDB and International Fair Trade Networks Sign a Cooperation Framework

In a Strategic move to promote International Fair Trade and foster global cooperation, Sri Lanka officially signed the Framework of Cooperation (FOC) with international fair trade networks in Colombo recently. The signing ceremony, attended by representatives from major fair trade and supporting organizations, took place at the Colombo Ramada Hotel.

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Strengthening Economic Ties: “Export Bahrain” Explores Trade Expansion With Sri Lanka

2024-01-10

Strengthening Economic Ties: “Export Bahrain” Explores Trade Expansion With Sri Lanka

Ms. Safa Sharif A. Khaliq, the Chief  Executive  Officer of “Export Bahrain” together with Ms.Zainab Matrook from Marketing & Promotions section of “Export Bahrain” met Dr. Kingsley Bernard, Chairman & Chief Executive Officer of Sri Lanka Export Development Board (EDB) on 08th January 2024. This official meeting was initiated by H.E H.M.G.R.R.K.Wijeratne Mendis, The Ambassador of Sri Lanka in Bahrain.

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Sri Lanka's Export Performance in November 2023

2023-12-28

Sri Lanka's Export Performance in November 2023

Sri Lanka’s merchandise exports increased by 4.4% to US$ 968.8 Million in November 2023 compared to October 2023 as per the provisional data released by the Sri Lanka Customs.However, it is a 2.67 % decrease when compared to the value recorded in November 2022.

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Sri Lanka's Export Performance in October 2023

2023-12-05

Sri Lanka's Export Performance in October 2023

Sri Lanka’s merchandise exports decreased by 14.6 % to US$ 898.0 Million in October 2023 compared to October 2022 as per the provisional data released by the Sri Lanka Customs. Also, it is a 13.13 % decrease when compared to the value recorded in September 2023.

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EDB's Innovative Export Marketing Planning and Market Pitching Programme Boosts Export Prospects for SMEs

2023-12-05

EDB's Innovative Export Marketing Planning and Market Pitching Programme Boosts Export Prospects for SMEs

Sri Lanka's Export Development Board (EDB) completed a comprehensive 6-week export coaching programme aimed at assisting small and medium-sized enterprises (SMEs) with an export potential, registered under EDB New Exporter Development Programme (NEDP) to develop their Export Marketing Plans as the 1st step in their journey towards becoming export-ready. New Exporter Development Programme implemented by the Sri Lanka Export Development Board is aimed at developing export potential of SMEs’ to enter export markets.

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EDB successfully concluded the 25th Presidential Export Awards

2023-12-04

EDB successfully concluded the 25th Presidential Export Awards

The 25th Presidential Export Awards (PEA), organized by the Sri Lanka Export Development Board (EDB), was successfully held on November 23rd, 2023, under the patronage of Hon President Ranil Wickremesinghe at the Bandaranaike Memorial International Conference Hall (BMICH), Colombo, with the participation of a large number of exporters. The award winners were presented a prestigious PEA trophy and a certificate, and they have the privilege to use the “Award Logo” as a marketing tool for a three-year period.

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Port City Colombo - Transforming South Asia’s Economic Landscape

2023-12-01

Port City Colombo - Transforming South Asia’s Economic Landscape

Colombo Port City Special Economic Zone (SEZ) positioned as an extension of Colombo’s existing Central Business District is a 269 Ha land reclamation project in the heart of South Asia. This mega development is a testament to Sri Lanka's commitment to becoming a global economic hub. The SEZ designation brings a myriad of benefits, making it an attractive destination for businesses and investors alike.

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People’s Bank partners with EDB as Platinum Sponsor for ‘Presidential Export Awards - 2023’

2023-10-31

People’s Bank partners with EDB as Platinum Sponsor for ‘Presidential Export Awards - 2023’

In a significant move underscoring their dedication to promoting excellence in exports, People's Bank has partnered with the Sri Lanka Export Development Board (EDB) as the Platinum Sponsor for the prestigious ‘Presidential Export Awards 2023.’ The collaboration was formally sealed when Mr. Sujeewa Rajapaksa, Chairman of People's Bank, symbolically presented the patronage cheque to Dr. Kingsley Bernard, Chairman/ CEO of Export Development Board, at the headquarters of People's Bank on the 27th of October 2023.

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Georgian business delegation explores enhanced trading links with Sri Lankan Agriculture Sector

2023-10-24

Georgian business delegation explores enhanced trading links with Sri Lankan Agriculture Sector

Recently, a Georgian business delegation paid a visit to the Sri Lanka Export Development Board (EDB) to enhance trading opportunities with the Sri Lankan agricultural sector. EDB Chairman/CEO Dr. Kingsley Bernard welcomed the visiting delegation and extended his appreciation for visiting Sri Lanka to bolster commercial and business ties between the two countries.

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Sri Lanka's Export Performance in August 2023

2023-09-26

Sri Lanka's Export Performance in August 2023

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.

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