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Sri Lanka's Export Performance in October 2022

2022-11-29

Sri Lanka's Export Performance in October 2022

Earnings from the merchandise exports decreased by 8.18 % y-o-y to US$ 1,094.8 Mn in October 2022 as per the data released by the Sri Lanka Customs. This was mainly due to the decrease in export earnings from Apparel & Textiles, Tea, Rubber based Products, Coconut based Products, Spices & Essential Oils and Fisheries sector. Further, the impact of global crisis also affecting to decrease export earnings of major products.

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EDB, and Moratuwa University successfully complete workshop on Optomechanics and Introduction to Nondestructive testing methods

2022-11-23

EDB, and Moratuwa University successfully complete workshop on Optomechanics and Introduction to Nondestructive testing methods

The Sri Lanka Export Development Board (EDB) in collaboration with the University of Moratuwa, the National Center for Non-Destructive Testing (NCNDT) - Sri Lanka Atomic Energy Board, and Foundry Development and Services Institute (FDSI) successfully completed the workshop on Opto-mechanics and Introduction to Non-destructive Testing Methods at NCNDT premises in Kelaniya on 26th October. The workshop was concluded successfully with the participation of over 50 technical personnel from some of the leading manufacturing and exporting companies in Sri Lanka.

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FNF Sri Lanka together with AHK Sri Lanka co-organized the certification awarding for EDB officials trained on the new Act on Corporate Due Diligence in Supply Chains in Germany.

2022-11-22

FNF Sri Lanka together with AHK Sri Lanka co-organized the certification awarding for EDB officials trained on the new Act on Corporate Due Diligence in Supply Chains in Germany.

The Delegation of German Industry and Commerce (AHK) in Sri Lanka, and the Friedrich Naumann Foundation for Freedom (FNF) co-organized a capacity building program for officials of the Sri Lanka Export Development Board (EDB) in preparation for the forthcoming “German Act on Corporate Due Diligence in Supply Chains which will come into force in Germany from 1st January 2023. The objective of this is to train EDB officials function as multipliers to share the information on sustainable supply chains with the Sri Lankan SME’s, aiming at  exporting to the German market.

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Eleven Government Institutions collaborate to showcase services at the National Packaging Pavilion during the Profood, Propack and Ag-biz 2022 Fair

2022-11-21

Eleven Government Institutions collaborate to showcase services at the National Packaging Pavilion during the Profood, Propack and Ag-biz 2022 Fair

The Government under its Interim budget 2022 has identified Packaging for value addition and for minimizing postharvest losses as a priority and wanted the EDB to reactivate the National Packaging Centre to address the need for promoting the packaging Industry, especially the local packaging products of the SME sector in the country. The way forward was discussed at a meeting chaired by the Senior Additional Secretary to the President (Economic Affairs), held on 28th September 2022 at the Presidential Secretariat, to implement proposal Number 32 of the interim budget 2022 on promotion of local packaging products.

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Sri Lankan Exporters Shine at World Largest Food Innovation Exhibition SIAL Paris 2022 in France

2022-11-15

Sri Lankan Exporters Shine at World Largest Food Innovation Exhibition SIAL Paris 2022 in France

Sri Lanka Export Development Board (SLEDB) in collaboration with the Embassy of Sri Lanka in Paris successfully organized Sri Lanka participation at the SIAL Paris – 2022 exhibition held from 15th to 19th October 2022 in Parc Des Expositions- Paris Nord Villepinte in Paris.

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Virtual Sri Lanka National Pavilion at the China International Import Expo (e-CIIE-2022)

2022-11-14

Virtual Sri Lanka National Pavilion at the China International Import Expo (e-CIIE-2022)

The Sri Lanka Export Development Board (EDB) in collaboration with Sri Lanka Tourism Promotion Bureau, Board of Investment and Sri Lanka Tea Board has made arrangements to organize a virtual Sri Lanka Country Pavilion at the 5th China International Import Expo (CIIE).

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EDB holds B2B meetings for the visiting delegation of Canada Sri Lanka Business Convention

2022-11-10

EDB holds B2B meetings for the visiting delegation of Canada Sri Lanka Business Convention

Sri Lanka Export Development Board (EDB) in collaboration with the Canada Sri Lanka Business Convention and Ceylon Chamber of Commerce organized a business-to-business (B2B) meeting programme recently at the Cinnamon Grand Hotel, Colombo 02.

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Sri Lanka and Maldives continue collaborations in the Construction Services sector

2022-11-04

Sri Lanka and Maldives continue collaborations in the Construction Services sector

The Sri Lanka High Commission in Maldives and the Sri Lanka Export Development Board (EDB) jointly organized a virtual meeting for Sri Lankan Construction Services Companies to interact with the SME & Entrepreneur Federation of Maldives (SEFM), Maldives Contractors’ Association and to learn about the market entry possibilities, procedures and regulations applicable to foreign investments, including joint ventures in civil construction, MEP and Engineering services.

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Sri Lanka takes part in China International Import and Export Fair 2022

2022-10-27

Sri Lanka takes part in China International Import and Export Fair 2022

China International Import and Export Fair, (Canton Fair) - 2022, organized as a hybrid event with the participation of companies all over the world, got underway on 15th October, 2022. The International Pavilion of the event is organized through an online platform due to the prevailing travel restrictions in China, and it consists 50 different sections under 16 categories.

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EDB Explore Easy Shipping Facilities with MAERSK for SME Exporters in Sri Lanka

2022-10-26

EDB Explore Easy Shipping Facilities with MAERSK for SME Exporters in Sri Lanka

Sri Lanka Export Development Board (EDB) recently organized an online webinar in collaboration with MAERSK, a worldwide leading logistic company on easy online shipping methods available for SME exporters in Sri Lanka. The objective of the webinar was to provide information on numerous new opportunities available with exporters in the shipping industry.

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Sri Lanka's Export Performance in September 2022

2022-10-25

Sri Lanka's Export Performance in September 2022

Earnings from the merchandise exports increased by 5.75 % y-o-y to US$ 1,093.98 Mn in September 2022 as per the data released by the Sri Lanka Customs. This was mainly due to the increase in export earnings from Apparel & Textiles, Tea, Gems & Jewellery, Electrical & Electronic Components and Spices & Essential Oils.

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Foreign trade partner IPD celebrates 10th anniversary

2022-10-24

Foreign trade partner IPD celebrates 10th anniversary

The Import Promotion Desk (IPD) celebrates its 10th anniversary: Founded in 2012, IPD has been connecting small and medium-sized enterprises from selected developing and emerging countries with European importers. IPD is active in Sri Lanka since 2018. It supports local producers of natural ingredients who want to gain a foothold in the EU market. Since the start of the engagement in Sri Lanka, the IPD-Team has been working closely with partners from the Sri Lanka Export Development Board (EDB). Together they further develop the offer for export companies. IPD contributes its knowledge of the EU market and the demand side and supports the establishment of sustainable export promotion structures.

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Collaborating with Stakeholders to Improve and Increase Exports and Investments

2022-10-17

Collaborating with Stakeholders to Improve and Increase Exports and Investments

Stressing the importance of providing a business conducive environment, “the government is focused and has given the highest recognition to exports and investments – to create employment, enhance foreign exchange earnings with economic and social benefits to our people”, the State Minister for Investment Promotion, Hon. Dilum Amunugama said, expressing his views at a meeting held with the Chairmen and representatives of EDB’s Advisory Committees on Thursday, October 14th, at the BOI Auditorium in Colombo.

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The Chamber of Marine Industries of Sri Lanka holds its inaugural meeting

2022-10-14

The Chamber of Marine Industries of Sri Lanka holds its inaugural meeting

The inaugural meeting of the Chamber of Marine Industries of Sri Lanka was held at the Sri Lanka Export Development Board (EDB) recently (11th October) with the presence of Chairman, EDB and the representatives of the industries of boat and shipbuilding, nautical tourism, chartering, and the marine & offshore industry cluster.

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Sri Lanka's Export Performance in August 2022

2022-09-27

Sri Lanka's Export Performance in August 2022

Earnings from the merchandise exports increased by 10.24 % y-o-y to US$ 1,213.7 Mn in August 2022 as per the data released by the Sri Lanka Customs. This was mainly due to the increase in earnings from export of Apparel & Textiles.

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SL’s gem and jewellery industry recounts Queen Elizabeth II and her love for gemstones

2022-09-15

SL’s gem and jewellery industry recounts Queen Elizabeth II and her love for gemstones

Queen Elizabeth II was a true inspiration and stalwart member of the monarchy. As the longest reigning monarch, she has represented and led her country for 70 years, through various circumstances and has been an inspiration and guidance to the United Kingdom and Commonwealth Nations. Her towering strength, leadership and integrity have been a source of pride for people across the world. Queen Elizabeth II selflessly devoted her 70-year reign to public service as well as advocating many important issues.

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Exporters urge product testing laboratories to pull up their socks

2022-09-08

Exporters urge product testing laboratories to pull up their socks

Sri Lanka’s leading food and organic product exporters urged the nation’s premier product testing laboratories to enhance their levels of efficiency and effectiveness to enable them to provide a superior service to their overseas customers. These sentiments were aired at a meeting organized by the Sri Lanka Export Development Board (EDB) on 30th August, 2022, to provide a platform for the exporters and product testing laboratories in the island to share their requirements and capacities with each other.   

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Sri Lanka's Export Performance in July 2022

2022-08-30

Sri Lanka's Export Performance in July 2022

Earnings from the merchandise exports increased by 2.25 % y-o-y to US$ 1,128.7 Mn in July 2022 as per the data released by the Sri Lanka Customs. This was mainly due to the increase in earnings from export of Apparel & Textiles.

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EDB organises a webinar on opportunities in the Israeli Market

2022-08-19

EDB organises a webinar on opportunities in the Israeli Market

The Sri Lanka Export Development Board (EDB) organized an informative webinar on “Opportunities in the Israeli Market” in collaboration with the Embassy of Sri Lanka in Israel together with the support of the Federation of Israeli Chambers of Commerce (FICC) and Israel – Sri Lanka Chamber of Commerce on 03rd August, 2022.

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Sri Lankan Apparel Exporters at Magic Sourcing Exhibition at Las Vegas, USA

2022-08-17

Sri Lankan Apparel Exporters at Magic Sourcing Exhibition at Las Vegas, USA

The USA market has become extremely viable for Sri Lanka as US buyers are looking to diversify their main supply source. USA is the major export market for Sri Lanka apparel, with an export earnings of US$ 2.12 Bn in 2021 and accounting for 39% of the total apparel exports to the world and 69% of the total product exports to USA from Sri Lanka. 

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