Increase in export revenue

Sri Lanka’s total export revenue has increased by 13.5 percent from January to November 2010. It reached the highest export revenue per a month in November amounting to US $ 793 million as against US $ 790 million in October, Sri Lanka Export Development Board (EDB) Chairman Janaka Ratnayake told Daily News Business.

The export revenue of November of US $ 793 million is the highest export revenue recorded in last two years. “With the current trends, Sri Lankan exports can reach over US $ eight billion by the end of 2010. This can be recognized as the efforts taken by Sri Lankan exporters.

The Government expectation is to increase export revenue to US $ 15 billion in 2015 going in line with the Mahinda Chinthana Way forward,” he said.

The EDB will facilitate exports to reach over US $ nine billion in 2011 and expects to improve the remaining export sectors.

HP