📈 SL Exports Gaining Momentum: EDB Targets $20 Bn Milestone

• Current Performance: Sri Lanka is on course to surpass US$ 16–17 Billion in exports this year (2025), a performance noted as one of the strongest in recent years. • Overcoming Stagnation: This momentum breaks nearly a decade of stagnation, during which export earnings remained between US$ 13–15 Billion. • New Target Set: The Export Development Board (EDB) has set the next key milestone for the sector at US$ 20 Billion. • Growth Drivers: The EDB credits the stronger trajectory to recent policy reforms, revived advisory structures, performance-based targets, and wider product development. • National Priority—SMEs: Strengthening SME exporters is a critical national priority. While they represent 78% of all exporters, their current contribution to total revenue is limited. Targeted assistance and regional development programs are being ramped up. • Future Strategy: Achieving the $20 Bn goal requires continued structural reforms, enhanced market access, deeper government-industry collaboration, and attracting high-value buyers via initiatives like a planned international industrial exhibition. (Source: EDB Chairman to Parliamentary Committee on Ways and Means, 26 Nov 2025)