Our Mission
"To develop and promote Sri Lanka's foreign trade relations at bilateral, regional and multilateral levels by the effective implementation of government trade policy, with a view to raising the standards of living and realizing a higher quality of life through the increase of total production, income and employment levels, thereby actively contributing to the overall economic growth of Sri Lanka".
Sri Lanka's Direction of Trade - 2006
Exports - The value of total exports of sri lanka during 2006 was US$ 6829.5 Million with an increase of US$ 664.1 Million (10.8%) from the previous year, 2005.
Imports - The value of total imports of sri lanka during 2006 was US$ 9867.7 Million with an increase of US$ 1552.5 million (18.7%) from the previous year, 2005.
3 Million Pieces of Garments at zero duty to India under Indo-Sri Lanka Free Trade Agreement
(without any restrictions including ports or sourcing of fabrics)
As a result of on going negotiations under Comprehensive Economic Partnership Agreement (CEPA) between Sri Lanka and India, India has removed restriction on entry ports and sourcing of fabrics for 3 million pieces of apparel products from Sri Lanka to India at zero duty, out of the available Tariff Rate Quota (TRQ) of 8 million pieces of apparel products. Read More...
Hon. Prof. G.L. Peiris attending at the 2nd Session of the Ministerial Council of the Asia Pacific Trade Agreement (APTA)
The Second Session of the Ministerial Council of the Asia Pacific Trade Agreement (APTA) was held on 26 October 2007, in Goa, India Read More...
The Ministry targets USD 7.8 billion through exports this year. The country recorded USD 6.8 billion last year
Minister of Export Development and International Trade Prof.G.L.Peiris said the Ministry is targeting USD 7.8 billion in 2007 and are confident in achieving the target. Sri Lanka has recorded a 14% growth in the export sector during the first five months of this year. Read More...
India removed port restrictions on import of tea from Sri Lanka 3 million pieces of garments at zero duty to India
The Government of India has issued Custom Notification, No. 75/2007 dated 5 th June 2007 giving effect to removal of port restrictions limiting imports of tea through two ports namely, Calcutta and Cochin imposed by India on import of tea from Sri Lanka under ISLFTA. Read More...
