Trade and markets
 

Detail

Area
Sri Lanka
Commodity Group
Oilseeds, oils and meals
Commodity
Coconut products
Date
01/05/2017
Policy Category
Trade
Policy Instrument
Import policy
Description
Considered liberalizing the importation of husked coconut and fresh coconut kernel, given the prevailing shortage of coconut in the domestic market.
Notes
Given the prevailing shortage of coconut in the domestic market, the Government of Sri Lanka is considering to liberalize the importation of husked coconuts and fresh coconut kernel. The Government may also allow investment into fresh coconut milling capacity, with a view to foster domestic value addition and exports. According to government officials, a fast-growing international market for value-added coconut products (such as virgin coconut oil, coconut milk and coconut cream) has opened new opportunities for local processors.