BELGIUM PAKISTAN TRADE 1
PAKISTAN S EXPORTS TO THE EU(28), 2016 PAKISTAN'S EXPORTS TO EU, 2016 EU is Pakistan s largest export market representing 34% of exports. Belgium accounted for 9% of total EU imports from Pakistan in 2016. Other EU Members 20%($1.37 bn) Belgium 9%($0.65 bn) United Kingdom 23%($1.56 bn) Netherlands 9%($0.65 bn) Germany 17%($1.19 bn) Italy 10%(0.67 bn) Spain 12%($0.84 bn) 2
PAKISTAN S IMPORTS FROM THE EU(28), 2016 EU is Pakistan s 3rd largest import partner after China and UAE. PAKISTAN'S IMPORTS FROM EU, 2016 Other EU Members 26%($1.23 bn) Germany 21%($1 bn) Imports from the EU stood at $4.78 billion in 2016. Belgium accounts for 12% of Pakistan s imports from the EU and 1.21% of total imports from the world Netherlands 8%($0.39 bn) United Kingdom 13%($0.62 bn) France 9%($0.44 bn) Italy 11%($0.53 bn) Belgium 12%($0.57 bn) 3
PAKISTAN BELGIUM TRADE TRENDS US$ Millions 700 600 500 400 300 200 361 207 428 396 519 258 255 249 658 275 495 658 592 572 224 220 224 225 651 572 100 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Exports to Belgium Imports from Belgium Trade Balance 4
PAKISTAN S TOP 10 EXPORTS TO BELGIUM HS CODE DESCRIPTION EXPORT VALUE 2014 (US$000) EXPORT VALUE 2015 (US$000) EXPORT VALUE 2016 (US$000) 630231 Bedlinen of cotton (excluding printed, knitted or crocheted) 95,672 76,082 75,002 620322 Men's or boys' ensembles of cotton (excluding knitted or crocheted, ski ensembles and swimwear) 14,554 19,881 74,810 620342 Men's or boys' trousers, bib and brace overalls, breeches and shorts, of cotton (excluding... 39,611 45,972 34,594 630210 Bedlinen, knitted or crocheted 38,031 31,702 31,525 630260 Toilet linen and kitchen linen, of terry towelling or similar terry fabrics of cotton (excluding... 17,401 22,257 24,779 620462 Women's or girls' trousers, bib and brace overalls, breeches and shorts of cotton (excluding... 48,261 40,328 24,427 100630 Semi-milled or wholly milled rice, whether or not polished or glazed 30,262 35,980 22,858 521011 Plain woven fabrics of cotton, containing predominantly, but < 85% cotton by weight, mixed... 21,542 17,304 21,844 610349 Men's or boys' trousers, bib and brace overalls, breeches and shorts of textile materials,... 11,825 13,477 18,883 611595 Full-length or knee-length stockings, socks and other hosiery, incl. footwear without applied... 18,562 14,229 18,296 5
PAKISTAN S TOP 10 IMPORTS FROM BELGIUM HS CODE DESCRIPTION IMPORT VALUE 2014 (US$000) IMPORT VALUE 2015 (US$000) IMPORT VALUE 2016 (US$000) 890120 Tankers - - 252,960 300220 Vaccines for human medicine 42,507 54,729 80,405 844630 Weaving machines for weaving fabrics of a width > 30 cm, shuttlelesstype 9,171 16,646 46,554 390110 Polyethylene with a specific gravity of < 0,94, in primary forms 442 5,422 15,701 720449 Waste and scrap of iron or steel (excluding slag, scale and other waste of the production of... 9,335 11,947 12,072 Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, 300490... 10,275 9,018 10,226 293040 Methionine 8,201 320 8,101 850423 Liquid dielectric transformers, having a power handling capacity > 10.000 kva - - 7,061 720441 Turnings, shavings, chips, milling waste, sawdust, filings, trimmings and stampings of iron... 2,388 1,924 6,405 370110 Photographic plates and film in the flat, sensitised, unexposed, for X-ray (excluding of paper,... 3,034 4,698 5,705 6
TRADE COMPLIMENTARITY 70 60 50 40 57.8 57.09 57.95 56.17 % 30 20 25.46 25.31 22.09 22.44 10 0 2013 2014 2015 2016 Complementarity of Pakistan's exports with Belgium's Imports Complementarity of Belgium's exports with Pakistan's Imports 7
Pakistan s Theoretical Potential for Additional Exports to Belgium, 2016 Top 10 Potential Products (HS 06) HS CODE DESCRIPTION ACTUAL EXPORTS IN 2016 (US$000) POTENTIAL EXPORTS IN 2016 (US$000) 620342 Men's or boys' trousers, bib and brace overalls, breeches and shorts, of cotton (excluding... 34,594 509,280 901890 Instruments and appliances used in medical, surgical or veterinary sciences, n.e.s. 5,106 320,922 620462 Women's or girls' trousers, bib and brace overalls, breeches and shorts of cotton (excluding... 24,427 320,012 610910 T-shirts, singlets and other vests of cotton, knitted or crocheted 8,012 197,099 390760 Poly"ethylene terephthalate", in primary forms 2,437 133,398 170199 Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar... - 123,078 611595 Full-length or knee-length stockings, socks and other hosiery, incl. footwear without applied... 18,296 115,239 080520 Fresh or dried mandarins incl. tangerines and satsumas, clementines, wilkings and similar citrus... - 104,891 220710 Undenatured ethyl alcohol, of actual alcoholic strength of >= 80% - 91,544 610990 T-shirts, singlets and other vests of textile materials, knitted or crocheted (excluding cotton) 8,034 91,500 8
Pakistan s Theoretical Potential for Additional Imports from Belgium, 2016 Top 10 Potential Products (HS 06) HS CODE DESCRIPTION ACTUAL IMPORTS IN 2016 (US$000) POTENTIAL IMPORTS IN 2016 (US$000) 271019 Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel,... 937 3,531,176 271012 Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl... - 2,217,539 270900 Petroleum oils and oils obtained from bituminous minerals, crude - 851,896 720449 Waste and scrap of iron or steel (excluding slag, scale and other waste of the production of... 12,072 530,060 851712 Telephones for cellular networks "mobile telephones" or for other wireless networks 273 464,527 870321 Motor cars and other motor vehicles principally designed for the transport of persons, incl.... - 402,110 390210 Polypropylene, in primary forms 684 384,210 870322 Motor cars and other motor vehicles principally designed for the transport of persons, incl.... - 326,008 300490 Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes,... 10,226 308,249 390110 Polyethylene with a specific gravity of < 0,94, in primary forms 15,701 271,152 9