Sri Lanka has performed well in achieving its export targets last year despite headwinds in the global economy, including disruptions triggered by tariff measures introduced by U.S. President Donald Trump. This outcome is a noteworthy achievement under volatile conditions in the world. Yet, Sri Lanka’s traditional export basket remains largely unchanged, and the country must do far more to secure exponential growth in this sector if it is to progress towards upper middle-income status, and to become a developed nation