Market & Country brief on Germany

Transcription

1 SRI LANKA EXPORT DEVELOPMENT BOARD Market & Country brief on Germany PREPARED BY 1 P a g e MARKET DEVELOPMENT DIVISION-EDB October, 2018

2 Contents 1. Germany in Brief 2. Trade between Sri Lanka and Germany 3. Bilateral Trade between Sri Lanka and Germany ( ) 4. Sri Lanka s Major Export Products to Germany ( ) 5. Sri Lanka s Major Import Products from Germany ( ) 6. Sri Lanka s Leading Exporters to Germany Potential Exports to be exported from Sri Lanka 8. Germany Trade with the World ( ) 9. Useful Addresses 2 P a g e

3 1. Germany in brief Geographical Location Germany - Map Germany - Flag Federal Republic of Germany is a federal parliamentary republic in western-central Europe. It includes 16 constituent states and covers an area of 357,022 square Kilometers with a largely temperate seasonal climate. Germany is bordered by the Baltic Sea and the North Sea, between the Netherlands and Poland, south of Denmark. Its capital and largest city is Berlin. Germany is the most populous member state in the European Union. Demography Population Population growth rate : 80,594,017 (July 2017 est.) : -0.16% (2017 est.) 3 P a g e

4 Economy The German economy is the fifth largest economy in the world in PPP terms and Europe's largest it is both the world's third-largest exporter and importer of goods. Germany has a very high standard of living sustained by a skilled and productive society. It upholds a social security and universal health care system, environmental protection and a tuition-free university education. Germany was a founding member of the European Union in It is part of the Schengen Area, and became a co-founder of the Eurozone in Germany is a member of the United Nations, NATO, the G8, the G20, and the OECD. GDP - per capita (PPP) : $50,400 (2017 est.) $49,700 (2016 est.) Exports Amount: US $ Bn 1,450(2017) US $ Bn 1,340 (2016) 4 P a g e Export commodities: Motor vehicles Machinery Chemicals Computer and electronic products Electrical equipment Pharmaceuticals Metals Transport equipment Foodstuffs Textiles Rubber Plastic products Export partners: US 8.8% France 8.2% China 6.8% Netherlands 6.7% UK 6.6% Italy 5.1% Austria 4.9%

5 Poland 4.7% Switzerland 4.2% Imports Amount: US $ Bn 1,173 (2017 est.) US $ Bn 1,060 (2016 est.) Import commodities: Machinery Data processing equipment Vehicles Chemicals Oil and gas Metals Electric equipment Pharmaceuticals Foodstuffs Agricultural products Import partners: Netherlands 13.8% China 7% France 6.6% Belgium 5.9% Italy 5.4% Poland 5.4% Czech Republic 4.8% US 4.5% Austria 4.3% Switzerland 4.2% Source: CIA World Factbook, Trade Map 5 P a g e

6 Value 2. Trade between Sri Lanka & Germany Germany is the 3 rd export destination for Sri Lanka. Total export value from Sri Lanka to Germany was US $ million in 2017 and total imports from Germany to Sri Lanka for the same period were US $ million. Sri Lanka s exports have increased from US $ million to US $ million with reference to the 2013 & Bilateral Trade between Sri Lanka and Germany ( ) Value in US $ Million Year SL-Exports SL-Imports Trade Balance Trade between Sri Lanka and Germany ( ) Year SL-Exports SL-Imports Trade Balance Source: Sri Lanka Customs 6 P a g e

7 4. Sri Lanka s Major Export Products to Germany ( ) Value in US $ Million Code Product Description S.0702 Apparel Pneumatic & Retreated Rubber Tyres S & Tubes S.0103 Tea in Bulk S Coconut Oil S Toys Games & Sport Requisites S Industrial & Surgical Gloves of Rubber S Gaskets, Washers, Seals etc. of Hard Rubber S Motor Vehicles & Parts S.0101 Tea Packets S.0901 Manufactured Tobacco S.1003 Industrial Gloves, Belts etc. of Leather S Other Electrical & Electronic Products S Liquid Coconut Milk S Frozen Fish S Pepper S.0703 Made-Up Textile Articles S Desiccated Coconut S Electrical Transformers S Oleoresins S Activated Carbon Others Total : P a g e

8 SRI LANKA S MAJOR EXPORT PRODUCTS TO GERMANY Apparel 46% Pneumatic & Retreated Rubber Tyres & Tubes 13% Tea in Bulk 5% Coconut Oil 5% Frozen Fish 2% Toys Games & Sport Requisites 4% Liquid Coconut Milk 2% Other Electrical & Electronic Products 3% Industrial gloves 3% Manufactured Tea Tobacco Packets 3% 3% Motor Vehicles & Parts 3% Gaskets, Washers, Seals etc. of Hard Rubber 4% Industrial & Surgical Gloves of Rubber 4% Sri Lanka Customs 8 P a g e

9 5. Sri Lanka s Major Import Products from Germany ( ) Value in US $ Million Code Product Description S Other Electrical & Electronic Products S Motor Vehicles & Parts S.1999 Other of Other Manufactures S Other Chemical Products S Switches, Lamp Holders Boards & Panels S.1599 Other Products of Base Metal S Other Paper & Paper Products nes S Other Products of Plastics Boilers, Piston Engines, Pumps & Vacuum S Pumps S Tea Bagging, Packing, Cleaning, Weighing Machines S Wadding Gauze, Bandages & Similar Pharmaceutical Articles S.0701 Woven Fabrics S Paints, Varnishes and Dyeing Extracts Electronic Circuits, Transistors, Valves, S Cathode Tubes etc S Organic Chemicals Soap, Washing Preparations, Waxes, S Candles etc S.0799 Other Textile Articles S Electrical Transformers S.0802 Confectionary & Bakery Products S Other of Other Export Crops nes Sri Lanka Customs 9 P a g e Others Total :

10 Tea Bagging, Packing 4% Wadding Gauze, Other Products of Plastics 4% Other Paper & Paper Products nes 5% Boilers, Piston Engines 4% Other Products of Base Metal 6% Switches, Lamp Holders Boards 6% SRI LANKA S MAJOR IMPORT PRODUCTS FROM GERMANY Bandages 4% Other Chemical Products 7% Woven Paints, Varnishes Fabrics 3% 3% Other of Other Manufactures 7% Electronic Circuits, Transistors 2% Electrical & Electronic Products 28% Motor Vehicles & Parts 17% 10 P a g e

11 6. Sri Lanka s Leading Exporters to Germany Company Camso Loadstar Pvt Ltd Hirdaramani International Exports Pvt Ltd Atg Hand Care Pvt Ltd Brandix Apparel Ltd Dial Textile Industries Ltd Industrial Clothings Ltd Paradise Toys Pvt Ltd Norwood Fashions Pvt Ltd Intexmode Pvt Ltd United Tobacco Processing Pvt Ltd Lanka Leather Fashion Ltd Flintec Transducers Pvt Ltd A T G Lanka Pvt Ltd Ceylon Tea Marketing Pvt Ltd Eu Retec Pvt Ltd Products Pneumatic & Retreated Rubber Tyres & Tubes, Apparel, Other of Other Manufactures Apparel Apparel, Other Textile Articles Apparel Industrial & Surgical Gloves of Rubber Toys Games & Sport Requisites Apparel Apparel Manufactured Tobacco Industrial Gloves, Belts etc. of Leather Other Electrical & Electronic Products Apparel Tea Pneumatic & Retreated Rubber Tyres & Tubes Source: Sri Lanka Customs 11 P a g e

12 7. Potential Products to be exported from Sri Lanka Gloves, mittens and mitts Crude coconut oil Articles of vulcanized rubber Parts of fork-lift trucks and other works trucks Men's or boys' underpants and briefs of cotton Nuts and other seeds Smoking tobacco Babies' garments and clothing accessories of cotton T-shirts, singlets and other vests of cotton Extracted oleoresins Water-skis, surfboards and other water-sport equipment Desiccated coconuts Activated carbon Bicycles and other cycles Parachutes Men's or boys' shirts of cotton Women's or girls' trousers Boards, panels, consoles, desks and cabinet Made-up articles of textile materials Cloves, whole fruit, cloves and stems Parts of trailers and semi-trailers and other vehicles not mechanically propelled Fresh or chilled fillets of fish 12 P a g e

13 Value 8. Germany Trade with the World ( ) Value in US $ Billion Exports 1,450 1,498 1,328 1,340 1,450 Imports 1,187 1,214 1,057 1,060 1,173 1,600 1,400 1,200 1,000 Germany trade with the world ( ) Year Exports Imports Source: Trade Map 13 P a g e

14 9. Useful Addresses Sri Lankan Embassy in Berlin, Germany Niklasstrasse Berlin Germany TP (+49) German Embassy in Sri Lanka Alfred House Ave, Colombo, Sri Lanka TP: Source: 14 P a g e