Sri Lanka’s Exports Show Renewed Growth as EDB Unveils New Strategies before the Committee on Ways and Means
The Export Development Board (EDB) presented that Sri Lanka’s export sector is showing renewed progress and that the institution, which works with exporters across all districts, has taken several steps to strengthen product development, market access, and support for small and medium enterprises.This was discussed when the Committee on Ways and Means met in Parliament on 26.11.2025 under the chairmanship of Hon. Member of Parliament Wijesiri Basnayake.Chairman of the Export Development Board stated that Sri Lanka’s exports have remained between USD 13–15 billion for nearly a decade, but recent reforms and targeted programs are helping the sector move towards higher growth. The EDB has introduced new national strategies, reactivated key advisory bodies, and set clear performance targets for both industries and overseas missions, he further said.It was discussed that major priority is increasing the participation of SMEs, which make up 78% of exporters but contribute only a small share to total export earnings. Accordingly, it was discussed how EDB aims to significantly expand this contribution through regional development programs and improved support services.It was also disclosed that Sri Lanka is preparing to host a major international industrial exhibition expected to attract large numbers of buyers and investors. Despite global challenges, Sri Lanka is on track to exceed USD 16–17 billion in exports, marking one of the strongest performances in recent years. The EDB stated that continued reforms, improved market access, and stronger industry collaboration will be vital as the country moves toward its next milestone of USD 20 billion.Hon. Deputy Minister (Prof.) Ruwan Ranasinghe, Hon. Members of Parliament Sujeewa Senasinghe, Attorney-at-Law, K. Sujith Sanjaya Perera, Chathura Galappaththi, (Dr.) Sellaththamby Thilaganathan, Chaminda Hettiarachchi, Nishantha Jayaweera, Chandana Sooriyaarachchi, Thilina Samarakoon and a group of officials representing the EDB, participated in this meeting.
