NETHERLANDS - Pakistan Trade

1. NETHERLANDS - Pakistan Trade

2. NETHERLANDS WAS PAKISTAN’S SEVENTH LARGEST EXPORT DESTINATION IN 2018

3. NETHERLANDS WAS THE THIRD LARGEST EXPORT DESTINATION WITHIN THE EU IN 2018 • The EU is Pakistan’s largest export market representing 34% of exports • Netherlands accounted for 12% of total EU exports from Pakistan in 2018.

4. NETHERLANDS RANKS NO. 22 IN PAKISTAN’S IMPORT SOURCES

5. WITHIN THE EU, NETHERLANDS WAS THE FOURTH HIGHEST EXPORTER TO PAKISTAN IN 2018 • EU is Pakistan’s 3rd largest import partner after China and UAE. • Imports from the EU stood at $5.46 billion in 2018. • Netherlands accounts for 10% of Pakistan’s imports from the EU and 1% of total imports from the world.

6. PAKISTAN NETHERLANDS TradeTrends • Bilateral trade increased from US$ 1.01 bn in 2014 to US$ 1.49 bn in 2018 i.e. by 47.5% in five years • Pakistan’s exports to Netherlands rose by 0.7% during this period. • Meanwhile, Netherland’s exports to Pakistan rose by 37.7%during these five years. • The trade surplus has increased during the last five years, from $360 Mn in 2014 to around $398 Mn in 2018.

7. PAKISTAN’S TOP 10 EXPORTS TO NETHERLANDS

8. PAKISTAN’S TOP 10 IMPORTS FROM Netherlands

9. TRADE COMPLIMENTARITY* * Trade complementarity is the ability of each country to satisfy the other’s import needs from its existing export pool

10. Pakistan’s Theoretical Potential* for Additional Exports to Netherlands, 2018 Top 10 Potential Products (HS 06). Aggregate Theoretical Potential $1.5 bn *Theoretical potential from diverting Pakistan’s existing exports from other countries to meet Netherland’s imports, ignoring competitiveness and tariffs

11. Pakistan’s Theoretical Potential* for Additional Imports from Netherlands, 2018 Top 10 Potential Products (HS 06). Aggregate theoretical potential is $11 bn *Theoretical potential from switching imports from existing sources to Netherlands exporters, ignoring competitiveness and tariffs