PORTUGAL PAKISTAN TRADE

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PORTUGAL PAKISTAN TRADE 1

PAKISTAN S EXPORTS TO THE EU(28), 2016 EU is Pakistan s largest export market representing 34% of exports. PAKISTAN'S EXPORTS TO EU, 2016 Portugal accounted for 2.3% of total EU imports from Pakistan in 2016. Other EU Members 27%($1.37 bn) United Kingdom 23%($1.56 bn) Portugal 2%($0.16 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 PAKISTAN'S IMPORTS FROM EU, 2016 EU is Pakistan s 3rd largest import partner after China and UAE. Other EU Members 33%($1.23 bn) Germany 21%($1 bn) Imports from the EU stood at $4.78 billion in 2016. United Kingdom 13%($0.085 bn) Portugal accounts for 0.58% of Pakistan s imports from the EU and 0.06% of total imports from the world. Portugal 1%($0.028 bn) France 9%($0.44 bn) Italy 11%($0.53 bn) Belgium 12%($0.57 bn) 3

PAKISTAN PORTUGAL TRADE TRENDS 180 160 169 146 152 155 167 154 160 140 120 124 126 109 US$ Millions 100 80 60 40 20 9 17 20 12 17 15 13 19 19 28 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Imports Exports Trade Balance 4

PAKISTAN S TOP 10 EXPORTS TO PORTUGAL HS CODE 520812 520532 550953 520512 520819 521011 520513 521211 DESCRIPTION EXPORT VALUE 2014 (US$000) EXPORT VALUE 2015 (US$000) EXPORT VALUE 2016 (US$000) Plain woven fabrics of cotton, containing >= 85% cotton by weight and weighing > 100 g to 200... 21,559 25,242 26,776 Multiple "folded" or cabled cotton yarn, of uncombed fibres, containing >= 85% cotton by weight... 12,852 7,442 11,189 Yarn containing predominantly, but < 85% polyester staple fibres by weight, mixed principally... 13,441 14,176 10,990 Single cotton yarn, of uncombed fibres, containing >= 85% cotton by weight and with a linear... 13,981 11,135 8,558 Woven fabrics of cotton, containing >= 85% cotton by weight and weighing <= 200 g/m², unbleached... 4,524 7,709 6,962 Plain woven fabrics of cotton, containing predominantly, but < 85% cotton by weight, mixed... 6,508 5,872 6,685 Single cotton yarn, of uncombed fibres, containing >= 85% cotton by weight and with a linear... 4,550 2,700 6,342 Woven fabrics of cotton, containing predominantly, but < 85% cotton by weight, other than those... 2,296 4,616 5,698 520522 Single cotton yarn, of combed fibres, containing >= 85% cotton by weight and with a linear... 6,787 5,032 5,329 620342 Men's or boys' trousers, bib and brace overalls, breeches and shorts, of cotton (excluding... 2,139 3,652 3,571 5

PAKISTAN S TOP 10 IMPORTS FROM PORTUGAL HS CODE DESCRIPTION IMPORT VALUE 2014 (US$000) IMPORT VALUE 2015 (US$000) IMPORT VALUE 2016 (US$000) 550130 Filament tow as specified in Note 1 to chapter 55, acrylic or modacrylic 7,997 6,009 7,086 270730 Xylol "xylenes" containing > 50% of xylenes (excluding chemically defined) 208 6,248 6,472 290230 Toluene - - 1,918 853720 Boards, cabinets and similar combinations of apparatus for electric control or the distribution... - - 1,681 480262 Uncoated paper and paperboard, of a kind used for writing, printing or other graphic purposes,... 163 656 1,074 Generating sets (excluding wind-powered and powered by spark-ignition internal combustion 850239 piston... - - 1,036 870290 Motor vehicles for the transport of >= 10 persons, incl. driver, not with compression-ignition... - 1 1,001 853530 Isolating switches and make-and-break switches, for a voltage > 1.000 V - - 918 843420 300490 Dairy machinery (excluding refrigerating or heat treatment equipment, cream separators, clarifying... - - 781 Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes,... 24-688 6

TRADE COMPLIMENTARITY 60 51.81 51.92 55.34 54.74 50 40 30 29.25 29.88 27.8 28.14 20 10 0 2013 2014 2015 2016 Complemetarity of PAK's Exports to PRT's Imports Complementarity of PRT's Exports to PAK's Imports 7

Pakistan s Theoretical Potential for Additional Exports to Portugal, 2016 Top 10 Potential Products (HS 06) HS CODE DESCRIPTION ACTUAL EXPORTS IN 2016 (US$000) POTENTIAL EXPORTS IN 2016 (US$000) 901890 Instruments and appliances used in medical, surgical or veterinary sciences, n.e.s. 1,771 195,922 620342 Men's or boys' trousers, bib and brace overalls, breeches and shorts, of cotton (excluding... 3,571 169,683 610910 T-shirts, singlets and other vests of cotton, knitted or crocheted 90 159,070 620462 Women's or girls' trousers, bib and brace overalls, breeches and shorts of cotton (excluding... 2,028 128,041 020110 Carcases or half-carcases of bovine animals, fresh or chilled - 125,737 390760 Poly"ethylene terephthalate", in primary forms - 107,710 410712 Grain splits leather "incl. parchment-dressed leather", of the whole hides and skins of bovine... 1,233 100,501 610990 T-shirts, singlets and other vests of textile materials, knitted or crocheted (excluding cotton) 91 85,522 481159 Paper and paperboard, surface-coloured, surface-decorated or printed, coated, impregnated or... - 82,221 070190 Fresh or chilled potatoes (excluding seed) - 78,150 8

Pakistan s Theoretical Potential for Additional Imports from Portugal, 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,... - 1,738,748 271012 Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl.... 341 915,901 300490 Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes,... 688 317,787 870323 Motor cars and other motor vehicles principally designed for the transport of persons, incl.... - 214,959 390120 Polyethylene with a specific gravity of >= 0,94, in primary forms 227 183,510 851712 Telephones for cellular networks "mobile telephones" or for other wireless networks - 168,613 390110 Polyethylene with a specific gravity of < 0,94, in primary forms - 142,260 730890 Structures and parts of structures, of iron or steel, n.e.s. (excluding bridges and bridge-sections,... 1 130,497 690890 Glazed ceramic flags and paving, hearth or wall tiles; glazed ceramic mosaic cubes and the... 6 127,891 850300 Parts suitable for use solely or principally with electric motors and generators, electric... - 118,157 9