NCE and EDB Align on $ 17.25 Bn Export Strategy for 2026 📈

The National Chamber of Exporters (NCE) and the Export Development Board (EDB) have strengthened ties to sustain growth following a 5.6% YoY increase in 2025 export earnings. • Economic Performance Sri Lanka’s total export earnings reached US$ 17.25 Bn in 2025. The EDB, supported by the ADB, has finalized the National Export Development Plan 2025-2029 to boost global competitiveness and sustainable trade. • Strategic Initiatives Sri Lanka Expo: Set to return after a decade to expand the exporter base. SME Growth: Current SME contribution is low (7-8%); the goal is to reach a global standard of 25%. Digitalization: Accelerated focus on the National Single Window to streamline logistics and trade facilitation. • Sectoral Challenges Labour: Critical shortages and an aging workforce are hindering multiple sectors; "exporting labor" remains a long-term concern. Horticulture: Facing administrative hurdles with forest conservation permits. Minerals: Industry practitioners are urging for better consultation on value-addition policies. FTAs: Exporters requested earlier involvement in Free Trade Agreement negotiations to better prepare for market shifts. • Regional Development The NCE's "Aspiring Exporters" concept will merge with EDB district-level outreach to cultivate new exporters at the provincial level. _Note: Based on 2025 performance data and 2026-2029 strategic outlines._