MARKET REPORT PHILIPPINE Prepared by: Export Development Board (EDB), Sri Lanka July, 2014
1. Background Population GDP Exports Exports 108 million USD454.3 billion (2013 est.) USD 47.45 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 63.91 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 2013. 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 2009-2013.The average growth rate of exports to the Philippines from Sri Lanka is - 18.82% during 2009-2013. 2
2. Bilateral Trade between Sri Lanka and Philippine (2009-2013), Value in US $ Mn Year Exports from Sri Lanka Imports from the Philippine Trade Balance Total Trade 2009 20.62 7.30 13.32 27.92 2010 8.66 7.39 1.27 16.05 2011 9.39 23.25-13.86 32.64 2012 8.07 19.43-11.36 27.50 2013 8.33 31.8 23.47 40.13 3. Sri Lanka s major export products to Philippine (2009-2013), Value in US $ 000 Code Description 2009 2010 2011 2012 2013 H.610990 -T-shirts, singlets, etc, of other textiles, n, 89 221 484 556 781 H.40112010 -Having a rim size 20 inches and above 644 H.40129090 -Other 48 243 464 559 H.620469 -Women's or girls' trousers, breeches, etc, of other 15 107 132 427 505 H.610910 -T-shirts, singlets and other vests, of cotton, 132 191 264 264 454 H.87163910 -Other trailers and semi-trailers for transport of 166 1,0 126 390 H.621210 goods, not more than 5 years old 5 -Brassieres 326 223 450 9 452 346 H.391239 -Other cellulose ethers, in primary forms, 271 370 366 425 327 H.691110 -Tableware and kitchenware, of porcelain or china 248 228 259 289 314 H.620630 -Women's or girls' blouses, shirts, etc, of cotton 5 68 207 143 303 H.20011020 -Gerkins: prepared or preserved by vinegar or acetic 140 159 168 218 266 H.401519 acid -Gloves of vulcanized rubber (excl. surgical gloves) 251 431 297 295 245 H.401511 -Surgical gloves 93 185 334 297 232 H.610829 -Women's or girls' briefs, etc, of other textiles,, 52 312 332 223 224 H.40119990 -New pneumatic tires of motor vehicles, not... 58 147 188 elsewhere specified H.40129010 -Solid tyres 113 232 249 182 H.610821 -Women's or girls' briefs and panties of cotton, 16 77 110 104 146 H.620640 -Women's or girls' blouses, shirts, etc, of man-made fibres 15 27 100 132 3
H.620342 -Men's or boys' trousers, breeches, etc, of cotton 97 218 392 216 103 H.330720 -Personal deodorants and antiperspirants 133 94 H.620690 -Women's or girls' blouses, shirts, etc, of other textiles, 5 80 145 71 93 H.09023012 -Certified by Sri Lanka Tea Board as wholly of Sri 14 77 74 81 H.610711 Lankan origin, other -Men's or boys' underpants and briefs of cotton, 46 68 111 63 77 H.09024092 -Certified by Sri Lanka Tea Board as wholly of Sri Lankan Origin, other 9 19 62 71 H.820730 -Interchangeable tools for pressing, stamping or 39 63 116 64 69 H.610469 -Women's or girls' trousers, etc, of other textile, 10 32 197 140 67 4. Sri Lanka s major import products from Philippine (2009-2013), Value in US $ 000 Code Description 2009 2010 2011 2012 2013 H.190110 -Preparations for infant use, put up for retail sale : 925 1,503 5,899 4,920 6,102 H.961900 -Sanitary towels (pads) and tampons, napkins and 93 4,531 H.440290 napkin liners for babies and similar -Other : 323 15 3,931 H.190190 -Other 24 22 45 1,199 2,866 H.481910 -Cartons, boxes &cases,ofcorrug.paper or paperboad 14 99 1,566 1,571 H.830990 -Other : 157 205 396 659 1,216 H.480524 -Testliner (recycled liner board), weight 150 g/m2 or less 1,015 H.300490 -Other : 305 311 951 545 787 H.480519 -Other fluting paper 758 H.330720 -Personal deodorants and antiperspirants 116 109 395 429 728 H.680421 -Millstones, etc, of agglomerated synthetic or natural 610 731 620 H.520839 diamond -Dyed cotton fabric, weighing >100 g/sqm& =< 200 56 38 4 70 596 H.340111 g/sqm, not plain weaves & other, =>85% -Soap and organic surface-active products in bars, 14 50 186 456 H.844399 etc, for toilet use -[Parts and accessories :] Other : 2 1 138 400 H.847160 -ADP input or output units whether or not containing 726 188 375 H.330300 storage units in same housing -Perfumes and toilet waters 236 101 940 1,032 366 H.210690 -Other: 156 238 165 249 291 H.580410 -Tulles and other Net Fabrics 243 231 330 181 253 H.190490 -Prepared cereals in grain form (excl. maize) 69 40 158 236 249 H.901831 -Syringes, used in medical, surgical, dental or 1 128 233 H.854239 veterinary sciences -Other 3 3 25 224 H.230120 -Flours, meals & pellets of fish or other aquatic invertrebr, unfit for human consumption 98 22 343 297 224 4
H.850440 -Static converters : 2 155 200 H.392321 -[Sacks and bags (including cones) :] Of polymers of...... 32 606 194 H.390791 ethylene : -Unsaturated polyesters 305 304 467 273 189 5. 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 1,812,190 182,728 crochet '61 Articles of apparel, accessories, knit or 969 1,968,580 73,415 crochet '40 Rubber and articles thereof 721 983,181 360,956 '69 Ceramic products 367 36,061 263,011 '87 Vehicles other than railway, tramway 153 65,086 3,623,595 '20 Vegetable, fruit, nut, etc food 281 52,055 142,089 preparations '84 Machinery, nuclear reactors, boilers, etc 398 144,719 6,602,122 '09 Coffee, tea, mate and spices 236 1,646,335 78,113 '85 Electrical, electronic equipment 29 212,976 15,017,180 '44 Wood and articles of wood, wood 1 53,727 357,336 charcoal '32 Tanning, dyeing extracts, tannins, 0 2,582 257,117 derivs,pigmentsetc '39 Plastics and articles thereof 17 61,242 1,944,615 '73 Articles of iron or steel 6 11,767 697,693 '48 Paper and paperboard, articles of pulp, 3 33,730 848,782 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 31,697 107,978 '60 Knitted or crocheted fabric 44 31,939 314,030 '64 Footwear, gaiters and the like, parts 24 12,331 163,169 thereof '58 Special woven or tufted fabric, lace, 14 29,629 95,944 tapestry etc '55 Manmade staple fibres 14 31,404 215,140 '21 Miscellaneous edible preparations 38 57,452 813,484 5
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. 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