MARKET REPORT PHILIPPINE
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1 MARKET REPORT PHILIPPINE Prepared by: Export Development Board (EDB), Sri Lanka July, 2014
2 1. Background Population GDP Exports Exports 108 million USD454.3 billion (2013 est.) USD billion (2013 est.) commodities: semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, fruits Exports partners: Japan 19%, US 14.2%, China 11.8%, Singapore 9.3%, Hong Kong 9.2%, South Korea 5.5%, Thailand 4.7% (2012) Imports Import commodities USD billion (2013 est.) electronic products, mineral fuels, machinery and transport equipment, iron and steel, textile fabrics, grains, chemicals, plastic Imports partners: US 11.5%, China 10.8%, Japan 10.4%, South Korea 7.3%, Singapore 7.1%, Thailand 5.6%, Saudi Arabia 5.6%, Indonesia 4.4%, Malaysia 4% (2012) The Philippines was the 65 th export destination to Sri Lanka contributing 0.08% to the total export earnings in The Philippines was the 39 th import origin of Sri Lanka representing 0.18% of import expenditure in 2013.The average growth rate of imports from the Philippines to Sri Lanka is 39% during The average growth rate of exports to the Philippines from Sri Lanka is % during
3 2. Bilateral Trade between Sri Lanka and Philippine ( ), Value in US $ Mn Year Exports from Sri Lanka Imports from the Philippine Trade Balance Total Trade Sri Lanka s major export products to Philippine ( ), Value in US $ 000 Code Description H T-shirts, singlets, etc, of other textiles, n, H Having a rim size 20 inches and above 644 H Other H Women's or girls' trousers, breeches, etc, of other H T-shirts, singlets and other vests, of cotton, H Other trailers and semi-trailers for transport of 166 1, H goods, not more than 5 years old 5 -Brassieres H Other cellulose ethers, in primary forms, H Tableware and kitchenware, of porcelain or china H Women's or girls' blouses, shirts, etc, of cotton H Gerkins: prepared or preserved by vinegar or acetic H acid -Gloves of vulcanized rubber (excl. surgical gloves) H Surgical gloves H Women's or girls' briefs, etc, of other textiles,, H New pneumatic tires of motor vehicles, not elsewhere specified H Solid tyres H Women's or girls' briefs and panties of cotton, H Women's or girls' blouses, shirts, etc, of man-made fibres
4 H Men's or boys' trousers, breeches, etc, of cotton H Personal deodorants and antiperspirants H Women's or girls' blouses, shirts, etc, of other textiles, H Certified by Sri Lanka Tea Board as wholly of Sri H Lankan origin, other -Men's or boys' underpants and briefs of cotton, H Certified by Sri Lanka Tea Board as wholly of Sri Lankan Origin, other H Interchangeable tools for pressing, stamping or H Women's or girls' trousers, etc, of other textile, Sri Lanka s major import products from Philippine ( ), Value in US $ 000 Code Description H Preparations for infant use, put up for retail sale : 925 1,503 5,899 4,920 6,102 H Sanitary towels (pads) and tampons, napkins and 93 4,531 H napkin liners for babies and similar -Other : ,931 H Other ,199 2,866 H Cartons, boxes &cases,ofcorrug.paper or paperboad ,566 1,571 H Other : ,216 H Testliner (recycled liner board), weight 150 g/m2 or less 1,015 H Other : H Other fluting paper 758 H Personal deodorants and antiperspirants H Millstones, etc, of agglomerated synthetic or natural H diamond -Dyed cotton fabric, weighing >100 g/sqm& =< H g/sqm, not plain weaves & other, =>85% -Soap and organic surface-active products in bars, H etc, for toilet use -[Parts and accessories :] Other : H ADP input or output units whether or not containing H storage units in same housing -Perfumes and toilet waters , H Other: H Tulles and other Net Fabrics H Prepared cereals in grain form (excl. maize) H Syringes, used in medical, surgical, dental or H veterinary sciences -Other H Flours, meals & pellets of fish or other aquatic invertrebr, unfit for human consumption
5 H Static converters : H [Sacks and bags (including cones) :] Of polymers of H ethylene : -Unsaturated polyesters Import products of Philippine from the world and Sri Lanka s exports in USD 000 Product Product label code Imports from Sri Lanka Sri Lanka's exports to World Philippine's imports from world '62 Articles of apparel, accessories, not knit or 5,058 1,812, ,728 crochet '61 Articles of apparel, accessories, knit or 969 1,968,580 73,415 crochet '40 Rubber and articles thereof , ,956 '69 Ceramic products , ,011 '87 Vehicles other than railway, tramway ,086 3,623,595 '20 Vegetable, fruit, nut, etc food , ,089 preparations '84 Machinery, nuclear reactors, boilers, etc ,719 6,602,122 '09 Coffee, tea, mate and spices 236 1,646,335 78,113 '85 Electrical, electronic equipment ,976 15,017,180 '44 Wood and articles of wood, wood 1 53, ,336 charcoal '32 Tanning, dyeing extracts, tannins, 0 2, ,117 derivs,pigmentsetc '39 Plastics and articles thereof 17 61,242 1,944,615 '73 Articles of iron or steel 6 11, ,693 '48 Paper and paperboard, articles of pulp, 3 33, ,782 paper and board '42 Articles of leather, animal gut, harness, 20 18,682 99,928 travel goods '88 Aircraft, spacecraft, and parts thereof 0 26,260 2,448,556 '96 Miscellaneous manufactured articles 6 31, ,978 '60 Knitted or crocheted fabric 44 31, ,030 '64 Footwear, gaiters and the like, parts 24 12, ,169 thereof '58 Special woven or tufted fabric, lace, 14 29,629 95,944 tapestry etc '55 Manmade staple fibres 14 31, ,140 '21 Miscellaneous edible preparations 38 57, ,484 5
6 6. Sri Lanka s leading exporters to Philippine 2013 No Company Details Product 1. R J V International Pvt Ltd 2. Load Star Pvt Ltd 3. Hirdaramani International Exports Pvt Ltd 4. Associated CeatPvt Ltd 5. Mas Active Trading Pvt Ltd 6. Dutch Lanka Trailer Manufactures Pvt Ltd 7. Orit Trading Lanka Pvt Ltd 8. Brandix Intimate s Ltd 9. Cal Exports Lanka Pvt Ltd 10. Noritake Lanka Porcelain Pvt Ltd 11. H J S Condiments Ltd 12. Ansell Lanka Pvt Ltd 13. Ceylon Tea Services Plc 14. Bodyline Pvt Ltd 15. CeatKelani International TyresPvt Ltd 16. VenigrosPvt Ltd 17. Mas Intimates Pvt Ltd 18. EuRetecPvt Ltd, Industrial Gloves, Belts etc. of Leather, Footwear, Travel Goods, Bags etc. Other Transport Equipmentsnes Other Products of Plastics nes Tableware & Kitchenware Processed Food Industrial & Surgical Gloves of Rubber, Tea Industrial & Surgical Gloves of Rubber 6
7 7. Potential products to be explored from Sri Lanka, Tea, Gems &jewellery, Fruit& vegetables, Ayurveda and spa products, coconut related products, handicrafts, rubber products, confectionery products, food & beverages, education services, Tourism 8. The SLEDB organized aninward Delegation for the Reflection of Sri Lanka Exhibition held in November 2013, parallel to the CHOGM, which was held in Colombo 7
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