SL targets 12-15% SME export share by 2027

The Sri Lankan government aims to boost the SME sector’s contribution to exports to 12-15% within the next 2-3 years.

Despite contributing half of the country’s GDP, SMEs currently play a minimal role in national export revenue.

support this growth, the government has allocated Rs. 20 billion under Budget 2025 and plans to establish industrial zones in Mannar, KKS, and Trincomalee.

The five-year national export development plan targets $27 billion in merchandise exports and $8.5 billion in service exports, with exports expected to reach 25% of GDP.

The Export Development Board (EDB) will focus on market surveys to identify demand-driven opportunities and align products with global market needs.

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