Sri Lanka will officially launch its National Export Development Plan (NEDP) 2026–2030 on June 16 in Colombo, marking a key step in the country's strategy to drive export-led economic growth and boost foreign exchange earnings.

Developed by the Sri Lanka Export Development Board (EDB) with technical support from the Asian Development Bank, the five-year roadmap aims to increase export revenue to US$36 billion by 2030 in line with the government's national vision, “A Prosperous Nation – A Beautiful Life.”

Proposed as a priority initiative in the 2025 Budget, the plan focuses on enhancing export competitiveness through two strategic pillars. The first pillar addresses cross-cutting enablers such as trade facilitation, trade finance, investment promotion, market access, supply chain development, quality standards, ESG compliance, skills development, innovation, and entrepreneurship.

The second pillar targets eight priority export sectors to promote diversification and value addition: auto components, minerals-based industries, rubber products, marine industries including boat and shipbuilding, spices and concentrates, digital products and services, electrical and electronic components, and processed food and beverages.

The EDB said the plan was formulated through extensive consultations involving more than 300 stakeholders from the public and private sectors, civil society organisations, and international development partners. The initiative is expected to play a significant role in transforming Sri Lanka's export sector and strengthening the country's long-term economic growth prospects.