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Sri Lanka’s Export Performance January - August 2021

2021-09-22

Sri Lanka’s Export Performance January - August 2021

Sri Lanka’s merchandize exports in August 2021 recorded an increase of 14.4 % to US$ 1,083.56 Mn as compared to US$ 947.2 Mn recorded in August 2020 as per the data released by the Sri Lanka Customs. 

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24th Presidential Export Awards Ceremony to be held on 3rd December 2021 at BMICH

2021-08-23

24th Presidential Export Awards Ceremony to be held on 3rd December 2021 at BMICH

Sri Lanka Export Development Board (EDB) is planning to hold the 24rh Presidential Export Awards Ceremony for the financial years 2019/20 and 2020/21 on 3rd December 2021 at the Bandaranaike Memorial International Conference Hall (BMICH) under the patronage of His Excellency the President, Gotabaya Rajapaksa.

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Sri Lanka’s Export Performance January - July 2021

2021-08-20

Sri Lanka’s Export Performance January - July 2021

Sri Lanka’s exports have surpassed the $ 1 billion mark in July after four months’ time period where the similar achievement was only recorded in March during this year.

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Promotion of Sri Lanka’s exports in Fujian, China

2021-08-05

Promotion of Sri Lanka’s exports in Fujian, China

The Sri Lanka Export Development Board in collaboration with The Consulate General of Sri Lanka in Guangzhou and the Department of Commerce of Fujian successfully organized the Fujian, China - Sri Lanka Economic & Trade Forum and Matchmaking event on 28th July 2021 via “video conference + web cast”.

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Exploring market opportunities in India through Amazon.in

2021-07-21

Exploring market opportunities in India through Amazon.in

The Sri Lanka Export Development Board (EDB) and Sri Lanka High Commission in New Delhi, India jointly organized an online briefing session with Amazon India (www.amazon.in) on 29th June, 2021, to explore the digital marketing opportunities available for the Sri Lankan exporters in the Indian market via the highly reputed e-commerce platform; amazon.in.

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Sri Lanka’s Export Performance January - June 2021

2021-07-20

Sri Lanka’s Export Performance January - June 2021

As per the latest statistics released by the Sri Lanka Customs, the export sector performance has been able to maintain its upward trend in June 2021 with exports increasing by 9.41 % to US$ 978.2 Mn compared to June 2020. This upward trend was evident year-on-year for the last four months.

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Sri Lanka’s Export Performance January - May 2021

2021-06-22

Sri Lanka’s Export Performance January - May 2021

Sri Lanka’s export sector performance has been able to managed its growth momentum in May 2021 with the challenges of this pandemic.  “We are happy to see that export levels are reaching fast to the pre-Covid 19 levels despite the continuous multiple challenges faced by our exporters with intermittent travel restrictions and local area isolations. Maximum efforts are be taken to secure the export orders in hand while attracting new orders to the country – the responsibility of the authorities are to facilitate the exporters in every possible way to keep them operating”, Chairman, EDB.

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Awareness webinar on exporting merchandise to Australia

2021-06-16

Awareness webinar on exporting merchandise to Australia

The Consulate General of Sri Lanka to Victoria, South Australia and Tasmania together with the Sri Lanka Export Development Board (EDB) and the Sri Lanka and Australia Chamber of Commerce (SLACC) organised a webinar titled – Exporting to Australia – What you need to know - on the 20th May, 2021. Kalum De Silva, President of SLACC, moderated the session. He is the founding national president of SLACC.

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EDB plans revision to 2021 export target

2021-05-24

EDB plans revision to 2021 export target

EDB Chairman Suresh de Mel stated that the export target would certainly witness a revision due to the week-long travel restrictions that have come into effect and several areas being caught under the isolation. However, he said it is too premature to assess the impact or divulge the revised target. He noted that the revision is ‘absolutely necessary’.

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Sri Lanka’s Export Performance January - April 2021

2021-05-20

Sri Lanka’s Export Performance January - April 2021

Sri Lanka’s export performance continued its upward momentum in the first three months of 2021. Due to the Covid-19 pandemic induced lockdown last year, exports were contracted by a record 64.63 per cent in April 2020. However in April this year, exports grew up by 183 per cent to US$ 798.9 Mn in comparison to the previous year.

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Webinar on prospects of Belarus Sri Lanka bilateral trade development

2021-05-19

Webinar on prospects of Belarus Sri Lanka bilateral trade development

Consequent to the official visit of the Ambassador of Sri Lanka in the Russian Federation and his delegation to the Republic of Belarus in December 2020, bilateral relations between Sri Lanka and Belarus has been intensifying in every field, particularly in trade and investment.

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EDB supports exporters to continue operations during latest travel restrictions and lockdowns of certain areas in the country

2021-05-15

EDB supports exporters to continue operations during latest travel restrictions and lockdowns of certain areas in the country

The Sri Lanka Export Development Board (EDB) has made arrangements to facilitate export-oriented industries based on the circulars issued by the Government Health Authorities to continue operations of their activities during lockdown of specific areas in the country and inter-provincial travel restrictions subject to stringent health regulations.

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Sri Lanka’s Export Performance January - March 2021

2021-04-28

Sri Lanka’s Export Performance January - March 2021

Sri Lanka surpassed $ 1 billion exports in March 2021 after a lapse of six months period. As per the Customs statistics, earnings from merchandise exports recorded double digit growth of 62.47% in March 2021 on y-o-y comparison – the March figure being US$ 1,066.1 Mn.

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Continuous growth in exports in February 2021 amidst multiple challenges

2021-03-23

Continuous growth in exports in February 2021 amidst multiple challenges

Sri Lanka’s export earnings registered a growth of 2.52% with US$ Mn 993.73 in February, compared to the previous year, maintaining the growth momentum recorded during the last five months as per the provisional statistics released by Sri Lanka Customs. This is the highest export figure recorded for the month of February during the last five-year period.

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Sri Lankas Earnings from Exports reached to US$ 908.07 Mn in January 2021

2021-03-08

Sri Lankas Earnings from Exports reached to US$ 908.07 Mn in January 2021

Hon. Bandula Gunawardana, Minister of Trade urged the whole stakeholders to actively engage in assisting all exporters of the country in every possible manner during this turbulent period enabling exporters to strengthen our economy.

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EDB Chief spells out measures to aim for $ 16 b goods and services exports in 2021

2021-02-16

EDB Chief spells out measures to aim for $ 16 b goods and services exports in 2021

Sri Lanka Export Development Board (SLEDB) new Chairman Suresh de Mel this week expressed confidence of giving the best shot at realising a near $ 16 billion target for 2021 despite domestic and global challenges. This confidence stems from a plethora of new initiatives as well as fine-tuning existing endeavours to develop and boost exports.

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EDB forecasts near $ 16 b total exports in 2021

2021-02-15

EDB forecasts near $ 16 b total exports in 2021

The Sri Lanka Export Development Board (EDB) is forecasting a performance of $ 15.68 billion in merchandise and service shipments in 2021.

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2020 marks a successful year for Sri Lanka exports

2021-01-20

2020 marks a successful year for Sri Lanka exports

The US$ 13.5 billion export target set for merchandise export sectors in early 2020 remains challenging, requiring not only strong efforts from local enterprises, but also the recovery of global demand amid complicated Covid-19 situation. Amid severe impacts of the Covid-19 pandemic, Sri Lanka’s merchandise exports remain at US$ 9.9 billion in 2020, which is a 104 % achievement from the revised forecast of US$ 9.5 billion.

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Highlights Of The Budget 2021 & Impact On The Export Sector

2020-11-19

Highlights Of The Budget 2021 & Impact On The Export Sector

The export development board is pleased to see an export focused budget which will support strong export growth led by investment, value addition and maximizing our Sri Lankan natural resources, this is a pivotal change in Sri Lanka’s growth strategy which will be led by the exporters.

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Fast-tracking export resilience: Renewed thinking, renewed strategies

2020-06-03

Fast-tracking export resilience: Renewed thinking, renewed strategies

Exports play an important role in a country’s economy as they influence the level of growth, employment and balance of payments. For Sri Lanka, the focus on exports is now more important than ever, as the island nation looks to bring in foreign currency to boost the economy.

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