USD 20 billion export target by 2020: Aiming to be mediocre

Sri Lanka hopes to increase export revenue to USD 20 bn by 2020. This target is perceived as ambitious; but, compared to the country’s growth targets and the performance of regional peers, it is mediocre. This Insight explains that to be confident of setting and achieving ambitious export targets, Sri Lanka must go beyond symptomatic remedies and address the root causes of underlying problems with its export strategy.