Sri Lanka has taken a major step towards strengthening its export sector, with Cabinet approval granted for the National Export Development Plan 2026–2030, positioning it as a key national priority for economic growth.

The initiative, originally proposed in the 2025 Budget, aims to enhance export competitiveness and drive a more stable, export-led economy.

The plan has been developed by the Board of Investment of Sri Lanka in collaboration with both public and private sector stakeholders in the export industry, with technical support based on frameworks from the Asian Development Bank.

The strategy sets an ambitious target of generating $36 billion in foreign exchange earnings by 2030 through the export of goods and services.

It will also serve as a comprehensive roadmap to guide, implement, and monitor Sri Lanka’s export development efforts over the next five years.

Officials say the plan will act as a structured policy framework to boost productivity, diversify export markets, and improve global competitiveness, ultimately contributing to long-term economic resilience.