NCE affirms continuity of export sector following recent floods

THE National Chamber of Exporters of Sri Lanka (NCE) has expressed its deep concern over the severe floods that have affected many parts of the country in recent days.

- 

In a statement the Chamber said: “Our thoughts and heartfelt solidarity are with all Sri Lankans who have been impacted especially the families who have been displaced, as well as businesses and livelihoods that have suffered extensive losses.”

The Chamber is currently gathering information on the extent to which export-oriented companies, their factories, production plants, and supply chains have been affected. Early indications reveal that many exporters have been heavily impacted, with several production facilities going under water, causing significant damage to machinery, equipment, stocks, and critical infrastructure. This has brought operations in many companies to a standstill, and exporters are deeply concerned about their ability to meet international delivery timelines.

Impact on the export sector

Sri Lanka’s export sector is the backbone of the national economy, contributing significantly to foreign exchange earnings, employment generation, and overall economic stability. The country is already navigating a fragile economic recovery, and any prolonged disruption to export activities will have far-reaching consequences. Exporters play a vital role in sustaining supply chains, maintaining global buyer confidence, and supporting thousands of direct and indirect livelihoods across rural and urban regions.

The floods have created an urgent situation: