Sri Lanka’s earning from the merchandise exports have surpassed the US $ 1 billion market in the first three months of 2019, indicating a 8.9 percent growth year on year, Sri Lanka Export Development Board Chairperson, Indira Malwatte said.
She made these views speaking at the 19th Exporters’ Forum, held at the EDB Auditorium in Colombo yesterday.
In April, Sri Lanka has managed to maintain the same exports, indicating a slight increase compared to the corresponding month of the previous year, Malwatte said.
When asked about the impact on Sri Lankan exports following the Easter Sunday incident, she said;” we have yet to see the impact of the incident on total exports. The only thing is local market has got affected, especially those who supply handicraft for the local market are affected following the 21/4 incident. However export wise, we haven’t seen any impact so far, except for two delegations who were supposed to come to Sri Lanka, have postponed their inward buying missions following this incident.
Also, commenting on the achievement of National Export Strategy of Sri Lanka (NES) targets (2018-22), she said Sri Lanka has managed to achieve 38 % so far, out of the overall set targets of NES.
In addition, Sri Lankan government has set up an export target of US$ 20 billion revenue for 2019 and US $ 23 billion for 2020.
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