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Sri Lanka Equity Forum » Stock Market Talk » Sri Lanka Exports

Sri Lanka Exports

Go down  Message [Page 1 of 1]

1Sri Lanka Exports Empty Sri Lanka Exports on Tue Nov 28, 2017 12:42 pm

ranferdi

ranferdi
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Sri Lanka’s exports were up to 1.011 million dollars, a rise of 12.9 percent with growth in the textile and apparel sectors, new data shows.
“The USA, UK, India, Italy and Germany were the leading markets for merchandise exports of Sri Lanka in September 2017, ” the central bank said.
Industrial exports were up 11.1 percent to 744.5 million dollars in September, with apparel up 12.9 percent to 431.5 million US dollars.
Agricultural exports were up 17.3 percent to 262.7 million dollars.
“This was due to the improved performance in tea, owing to higher prices in the international market and growth in export volumes,” the bank said.
“Earnings from spices also increased considerably due to higher export volumes of pepper, cloves and cinnamon.”
Rubber products grew 13.3 percent to 76.5 million US dollars.
The trade gap up to September expanded 8.2 percent to 6.84 billion dollars.

Source : http://www.lankabusinessonline.com/sri-lanka-exports-up-12-9-pct-in-sept/

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2Sri Lanka Exports Empty Re: Sri Lanka Exports on Wed Nov 29, 2017 7:52 am

ranferdi

ranferdi
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@ranferdi wrote:Sri Lanka’s exports were up to 1.011 million dollars, a rise of 12.9 percent with growth in the textile and apparel sectors, new data shows.
“The USA, UK, India, Italy and Germany were the leading markets for merchandise exports of Sri Lanka in September 2017, ” the central bank said.
Industrial exports were up 11.1 percent to 744.5 million dollars in September, with apparel up 12.9 percent to 431.5 million US dollars.
Agricultural exports were up 17.3 percent to 262.7 million dollars.
“This was due to the improved performance in tea, owing to higher prices in the international market and growth in export volumes,” the bank said.
“Earnings from spices also increased considerably due to higher export volumes of pepper, cloves and cinnamon.”
Rubber products grew 13.3 percent to 76.5 million US dollars.
The trade gap up to September expanded 8.2 percent to 6.84 billion dollars.

Source : http://www.lankabusinessonline.com/sri-lanka-exports-up-12-9-pct-in-sept/

As usual.. You post a Single negative News there are many people jump in to start criticizing the government and predicts a great stock market collapse...  You post a positive news no one want to talk and discuss positive outcome of it.. I wonder How we may move into the status of developed nation with this kind of shit holes living in this country... 
Pathetic everyone talks discuss everything in political bias and no one has the strength the discuss things in lieu of political bias.

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3Sri Lanka Exports Empty Re: Sri Lanka Exports on Wed Nov 29, 2017 9:36 am

anjelo

anjelo
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
scratch scratch scratch scratch
WTF!!!
same login. two people!!!
KArtik calling KArtik!!! :-)

4Sri Lanka Exports Empty Re: Sri Lanka Exports on Wed Nov 29, 2017 12:19 pm

ranferdi

ranferdi
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@anjelo wrote:scratch scratch scratch scratch
WTF!!!
same login. two people!!!
KArtik calling KArtik!!! :-)

Its not same login two people.. I only picked my previous post and commented because no one commented on it.

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5Sri Lanka Exports Empty Re: Sri Lanka Exports on Sun Dec 03, 2017 6:03 pm

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
This country has come to Jokers Paradise

Mainly responsible Basil and  others

Main problem is slow action against corruption

If action against corruption completely stop
all will be happy
You will see positive comments in this forum also

Most of people not worried about tha country or Economy or future

All go after fast BUG

 I thinkThis the situation after 1977 Basil and the crowd aggravated it after 2005

They tried to cash in war Victory

6Sri Lanka Exports Empty Re: Sri Lanka Exports on Mon Dec 04, 2017 7:20 am

Ryan Hudson


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
This Dayarathna bugger is really mad, for corruption ranil and my3 should be behind bars by now for bond scam and rice scam and frequenct scam with Maharaja repectively, this country law gone to dogs under jahapalanaya

7Sri Lanka Exports Empty Re: Sri Lanka Exports on Mon Dec 04, 2017 7:51 am

ranferdi

ranferdi
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@ryan Hudson, Is one of the residential bugs who bites on behalf of Jarapassa, When Jarapassa looted the country they were very happy because they got leftovers,

Try to understand the fact that decade old corruption cannot be eliminted within days, At least you should be happy now there are non biased investigations.,

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8Sri Lanka Exports Empty Re: Sri Lanka Exports on Mon Dec 04, 2017 12:29 pm

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Rajapaksa ගෙ හොරකම් ගැන කියවන්න මොලේ අමාරු කාරයන්ට පේන්නෙ නැද්ද ඒ මිනිහ ඉතුරු කරල ගිය දේත් මේ බැල්ලිගෙ පුතාල විනාස කරන  බව ?

9Sri Lanka Exports Empty Re: Sri Lanka Exports on Mon Dec 04, 2017 12:54 pm

ranferdi

ranferdi
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Chinwi wrote:Rajapaksa ගෙ හොරකම් ගැන කියවන්න මොලේ අමාරු කාරයන්ට පේන්නෙ නැද්ද ඒ මිනිහ ඉතුරු කරල ගිය දේත් මේ බැල්ලිගෙ පුතාල විනාස කරන  බව ?

Oya Mahattaya kiyanna balanna Rajapassa ithuru karala giya dewal tika...??

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10Sri Lanka Exports Empty Re: Sri Lanka Exports on Fri Dec 08, 2017 10:38 am

Teller

Teller
Moderator
Moderator
Export value in dollars mostly Can increase YOY due to inflation factor. Increase of 12℅ is not much Percentage compare to world inflation rates


_________________




Teller said is said..

11Sri Lanka Exports Empty Re: Sri Lanka Exports on Mon Mar 02, 2020 8:54 pm

Quibit

Quibit
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Sri Lanka to open US$3.5mn spice testing lab for exports

Spices were Sri Lanka’s seventh largest export in 2019. Department of Agriculture Photo.
ECONOMYNEXT- Sri Lanka’s Industrial Development Board (IDB), in partnership with multilateral agencies is in the process of installing a 3.5 million US dollar laboratory which will reduce export costs of spices, a United Nations Industrial Development Organization official said.

“Some of the equipment for the food testing lab have already arrived at the IDB, and some training has been provided, but its not yet fully operational,” UNIDO India Field Office Representative Rene van Berkel told EconomyNext in January.

He said the European Union is funding the project.

Once the laboratory is set up, it will reduce shipment rejections for spice exporters, and reduce costs of testing consignments for food safety.

Spices were Sri Lanka’s seventh largest export, with 312.5 million US dollars in revenue for 2019, down 13.2 percent from a year earlier.

A detail assessment was conducted to ascertain the testing capabilities and requirements in Sri Lanka, van Berkel said.

“Previously, exporters had to send samples to Europe or to India for testing.”

IDB had some capacity to test samples, but the most common internationally recognized tests were not available, he said.

“So, we are trying to ensure that the most common tests are possible in Sri Lanka. Some of the very advanced tests would still have to be done elsewhere.”

“But many of the tests are for example, checking on the absence of certain chemicals or bugs.”

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He said previously, exporters who did not conduct the proper tests faced shipment rejections in many markets, like Europe.

“So the two alternatives were to spend time sending a sample to test and get its results, or to ship the container and face the possibility of getting rejected.”

“And if the container is rejected, it cannot be imported back, so it becomes waste,” van Berkel said.

The food testing will be available for spices, with a specific focus on cinnamon. Spices in powder or paste form will also be tested. (Colombo/Jan28/2020)

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