AreaSri Lanka

Commodity GroupOilseeds, oils and meals

CommodityCoconut products

Date01/05/2017

Policy CategoryTrade

Policy InstrumentImport policy

DescriptionConsidered 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.