EDB initiative to boost exports to Japan | Sunday Observer

EDB initiative to boost exports to Japan

The Sri Lanka Export Development Board (EDB) in collaboration with the Sri Lanka Embassy in Japan is organising a visit by an Inward Buyer Delegation from Japan, from December 3 to 5 with the objective of developing business links between Sri Lankan companies and Japanese buyers, and increase awareness among Sri Lankan exporters, regarding the Japanese market.

Japan is the 13th largest export destination for Sri Lanka. The total export value from Sri Lanka to Japan was US $ 207.0 million in 2017 and total imports from Japan to Sri Lanka for the same period was US $ 1,038.5 million.

In 2017, Sri Lanka’s major exports to Japan were apparel, tea, fisheries products, coir textile fiber products, insulated cables and table and kitchenware. Last year, Sri Lanka’s imports from Japan were mainly motor vehicles and transport equipment, electrical and electronic products, and products of base metals.

Arrangements are being made for Sri Lankan companies to meet the visiting delegation. A Business Forum and Business to Business Meeting Program for the Sri Lankan business community will be held on December 3 from 9 a.m. to 4 p.m. at the Sri Lanka Export Development Board.

The Commercial Counsellor of the Sri Lanka Embassy in Japan will deliver a presentation on ‘Trade Opportunities in Japan’.

The Japanese delegation is interested in meeting the Sri Lankan business community in the apparel, handloom products, spices and concentrates, Tea, Organic Products, Processed Food, Healthcare & Cosmetic Products, Fruits & Vegetables, Coconut based products, Natural Rubber Gloves, Super Foods, Vanilla Beans & Cashew Nuts sectors, among others.

The interactions with this Buyer Delegation will be a great opportunity for the Sri Lankan export oriented companies and for potential exporters in Sri Lanka to enhance their knowledge of the Japanese Market and to develop and extend business networks. Interested parties should contact the Assistant Director of the EDB, Apsara Ampath.