Exports in Sri Lanka

Sri Lanka's Fish Export up by 20% in 2014 1Q

news.lk - 19/06/2014

Fish and fishery product sector plays an important role in Sri Lanka’s Social and economic life. The Sector contributes about 2.7% to country’s GDP. End of the civil unrest detained three decades in the country, fisheries sector has a significant scope to increase the level of contribution through exploiting high seas for tuna fishing & value addition.

Sri Lanka’s main fishery export products include tuna, fresh chilled and frozen form, shrimps & prawns, crabs and lobsters. Other than the above shark fins, fish maws, beche-de-mer, cuttle fish & squid, sprats are also exports mostly to the Asian markets. United Kingdom is the main market for Sri Lankan tuna followed by France, Italy, Netherlands, Germany etc.

SL apparel industry in a global context and future fortunes

Daily Mirror - 17/06/2014
By Dr. Arosha Fernando

The Sri Lankan apparel trade today is well renowned around the world to be the most cutting-edge and innovative when it comes to apparel manufacturing.

With a very long history of manufacturing in the island and throughout the challenges which this industry has faced to this day, the garment manufacturing stands much stronger than it has been ever before where the exports from this industry within a year increased by 11 percent (which was the biggest increase annually in 2013 compared with initial years) and by end November 2013 the exports earnings from this industry in Sri Lanka stood at US $2.876 billion, which is a substantial amount of foreign exchange bought into the country by a single industry.

Sri Lanka Export Development Board in collaboration with the Consulate General Office in Toronto, Canada organized the Sri Lanka’s participation at SIAL Canada 2014. . Five Sri Lankan food & Beverages exporting companies participated in the programme.

Ceylon Biscuits Ltd.
Consolidated Business Systems (Pvt.) Ltd.
HJS Condiments Ltd.
Wichy Plantation Company (Pvt) Ltd
Tea Talk (Pvt) Ltd.
Food & Nature (Pvt.) Ltd. (observer)

Rishad leading strong biz delegation to Kunming kick-off

Asian Tribune - 07/06/2014

Rishad Bathiudeen, Minister of Industry and Commerce of Sri Lanka addresses the seventh China - South Asia Business Forum (CSABF) held at the Convention Centre of Kunming City in Yunnan Province, China, in 2012 June.

As bilateral trade with China crossed $ 3 Bn, one of the biggest ever trade and business delegations from Sri Lanka is flying to grace the 22nd Kunming international Fair in China which kicks off tomorrow June 06.

“Sri Lanka has been taking part in this event when it was held for the first time in Beijing in 2007. With one of the biggest EDB supported delegations, we are hopeful of good results this year as well” said an upbeat Rishad Bathiudeen (Minister of Industry and Commerce) on the eve of 04 June.

International Education Fair 2014 Malé A Promotion of Sri Lankan Education in Maldives

Sunday Times - 07/06/2014

“International Education Fair 2014”; an annual education promotion programme will be held on 13th& 14th June at the Art Gallery - Malé. This s being organized for the fourth consecutive time and this time it is being organized as a national event by the Sri Lanka Export Development Board (EDB) in collaboration with the Sri Lanka High Commission in Maldives and Millennium Concepts –Maldives. AOD – The International Design Campus – Sri Lanka joins hands with them as the Gold Sponsor.
This promotional programme mainly includes the “Study in Sri Lanka” concept and these two day exhibition will be followed by few Networking meetings with the Ministry of Education Malé.

The Maldivian Government encourages deserving Maldivian students to pursue higher studies overseas by granting education funding. There is also a constant growing demand among the youth to study overseas. There were 1,000 Scholarships which have been announced by the President in March 2014. Promoting study opportunities, raising awareness of the company profile or generating sales leads can be achieved by participating in this event.

EDB PAVILION AT FACETS SRI LANKA 2014

edirectory.lk

An ideal opportunity for SMEs
The Sri Lanka Export Development Board (EDB) will be organizing a special pavilion at FACETS SRI LANKA – International Gem & Jewellery Show 2014 to be held at the Sirimavo Bandaranaike Memorial Exhibition Center from 04th to 07th September 2014.

Objective
The objective of organizing this special pavilion is to give an opportunity for the SME Gem & Jewellery manufacturers to showcase their products and make use of the event as a platform for them to enter into the international market.

Rise in coconut product exports

Daily News - 03/06/2014

Sri Lanka’s coconut related exports increased by 86 percent during the first quarter of this year compared to 2011, Coconut Development and Janatha Estate Development Ministry sources said yesterday.

The Coconut Development and Janatha Estate Development Ministry was established in 2011 as a new Cabinet ministry. According to ministry statistics, during the first quarter of this year, Sri Lanka earned over Rs. 5,090 million from coconut related products, an 88 percent increase from the same period in 2011.

In the first quarter of 2011 it was Rs. 2,115 million. It increased annually and the total coconut related products export revenue in 2013 stood at Rs. 44,952 million. Sri Lanka exports 35 coconut related products to 135 countries.