1. ESTONIA - Pakistan Trade

2. ESTONIA WAS PAKISTAN’S 79TH LARGEST EXPORT DESTINATION IN 2018
RANK
COUNTRY
EXPORT VALUE (US$)
% SHARE IN TOTAL EXPORTS
World
23,630,893,000 1
United States of America
3,802,500,000
16% 2
China
1,818,069,000 8% 3
United Kingdom
1,728,637,000 7% 4
Afghanistan
1,347,934,000 6% 5
Germany
1,310,444,000 6
United Arab Emirates
983,575,000 4% 7
Netherlands
942,802,000 8
Spain
922,898,000 9
Bangladesh
783,825,000 3% 79
Estonia
23,400,000
0.1%
EU is Pakistan’s largest export market and the UK is the most important export market within the EU

3. ESTONIA WAS THE 19TH LARGEST EXPORT DESTINATION WITHIN THE EU IN 2018
The EU is Pakistan’s largest export market representing 34% of exports
Estonia accounted for 0.3% of total EU exports from Pakistan in 2018.
EU is Pakistan’s largest export market and the UK is the most important export market within the EU

4. ESTONIA RANKS NO. 99 IN PAKISTAN’S IMPORT SOURCES
COUNTRY
IMPORT VALUE (US$)
% SHARE IN TOTAL IMPORTS
World
60,162,862,000 1
China
14,544,687,000
24% 2
United Arab Emirates
8,668,637,000
14% 3
Saudi Arabia
3,242,349,000 5% 4
United States of America
2,946,715,000 5
Indonesia
2,502,372,000 4% 6
Qatar
2,386,183,000 7
Japan
2,273,024,000 8
India
1,928,465,000 3% 9
Thailand
1,430,727,000 2% 99
Estonia
3,639,000
0.01%
EU is Pakistan’s largest export market and the UK is the most important export market within the EU

5. WITHIN THE EU, ESTONIA WAS THE 25TH 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.
Estonia accounts for 0.07% of Pakistan’s imports from the EU and 0.01% of total imports from the world.
The UK is the second most important import supplying market of Pakistan in the EU

6. PAKISTAN ESTONIA Trade Trends
Bilateral trade increased from US$ 23 Mn in 2014 to US$ 27 Mn in 2018 i.e. by 17% in five years
Pakistan’s exports to Estonia rose by 9.5% during this period, thanks to 14% growth in 2014, post GSP+
Meanwhile, Estonia’s exports to Pakistan rose by 100% during the last five years.
The trade balance in 2018 has remained more or less the same US$ 20 Mn.

7. PAKISTAN’S TOP 10 EXPORTS TO ESTONIA
HS CODE
DESCRIPTION
EXPORT VALUE 2016 (US$)
EXPORT VALUE 2017 (US$)
EXPORT VALUE 2018 (US$)
630231
Bedlinen of cotton (excluding printed, knitted or crocheted)
248,000
144,000
3,003,000
630239
Bedlinen of textile materials (excluding of cotton and man-made fibres, printed, knitted or ...
885,000
1,403,000
2,783,000
420329
Gloves, mittens and mitts, of leather or composition leather (excluding special sports gloves)
1,810,000
1,746,000
2,643,000
630210
Bedlinen, knitted or crocheted
338,000
103,000
1,706,000
521021
Plain woven fabrics of cotton, containing predominantly, but < 85% cotton by weight, mixed ...
1,591,000
1,017,000
1,544,000
630260
Toilet linen and kitchen linen, of terry towelling or similar terry fabrics of cotton (excluding ...
1,149,000
1,275,000
1,229,000
520299
Cotton waste (excluding yarn waste, thread waste and garnetted stock)
841,000
458,000
1,064,000
420310
Articles of apparel, of leather or composition leather (excluding clothing accessories, footware ...
576,000
551,000
882,000
611595
Full-length or knee-length stockings, socks and other hosiery, incl. footwear without applied ...
317,000
220,000
566,000
630391
Curtains, incl. drapes, and interior blinds, curtain or bed valances of cotton (excluding knitted ... -
543,000

8. PAKISTAN’S TOP 10 IMPORTS FROM ESTONIA
HS CODE
DESCRIPTION
IMPORT VALUE 2016 (US$)
IMPORT VALUE 2017 (US$)
IMPORT VALUE 2018 (US$)
630900
Worn clothing and clothing accessories, blankets and travelling rugs, household linen and articles ...
675,000
1,034,000
781,000
720449
Waste and scrap of iron or steel (excluding slag, scale and other waste of the production of ...
186,000
549,000
371,000
470100
Mechanical wood pulp, not chemically treated
571,000
655,000
362,000
720441
Turnings, shavings, chips, milling waste, sawdust, filings, trimmings and stampings of iron ... -
148,000
441011
Particle board of wood, whether or not agglomerated with resins or other organic binding substances ...
253,000
200,000
263,000
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. ...
258,000
850440
Static converters
34,000
223,000
241,000
901890
Instruments and appliances used in medical, surgical or veterinary sciences, n.e.s.
3,000
235,000
291631
Benzoic acid, its salts and esters (excluding inorganic or organic compounds of mercury)
127,000
136,000
116,000
760200
Waste and scrap, of aluminium (excluding slags, scale and the like from iron and steel production, ...
68,000
78,000
114,000

9. ACTUAL EXPORTS IN 2018 (US$) POTENTIAL EXPORTS IN 2018 (US$)
Pakistan’s Theoretical Potential* for Additional Exports to the Estonia, 2017
Top 10 Potential Products (HS 06). Aggregate Theoretical Potential $5 Mn
HS CODE
DESCRIPTION
ACTUAL EXPORTS IN 2018 (US$)
POTENTIAL EXPORTS IN 2018 (US$)
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, ... -
235,930,000
300490
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, ...
73,543,000
901890
Instruments and appliances used in medical, surgical or veterinary sciences, n.e.s.
96,000
53,983,000
640399
Footwear with outer soles of rubber, plastics or composition leather, with uppers of leather ...
17,000
27,620,000
170490
Sugar confectionery not containing cocoa, incl. white chocolate (excluding chewing gum)
24,656,000
721049
Flat-rolled products of iron or non-alloy steel, of a width of >= 600 mm, hot-rolled or cold-rolled ...
23,795,000
610910
T-shirts, singlets and other vests of cotton, knitted or crocheted
11,000
21,157,000
851712
Telephones for cellular networks "mobile telephones" or for other wireless networks
19,044,000
210690
Food preparations, n.e.s.
18,556,000
620342
Men's or boys' trousers, bib and brace overalls, breeches and shorts, of cotton (excluding ...
17,402,000
8 of the 10 high potential exports already benefit from 0% tariffs under GSP+. The two products that don’t are rice and sugar which are unlikely to receive preferential treatment even under an FTA
*Theoretical potential from diverting Pakistan’s existing exports from other countries to meet Estonia’s imports,
ignoring competitiveness and tariffs

10. ACTUAL IMPORTS IN 2018 (US$)
Pakistan’s Theoretical Potential* for Additional Imports from the Estonia, 2017
Top 10 Potential Products (HS 06). Aggregate theoretical potential is $3.5 BN
HS CODE
ACTUAL IMPORTS IN 2018 (US$)
POTENTIAL IMPORTS IN
2018 (US$)
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, ... -
987,120,000
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. ...
258,000
537,797,000
890800
Vessels and other floating structures for breaking up
515,542,000
290243
P-Xylene
365,516,000
890120
Tankers
249,799,000
851762
Machines for the reception, conversion and transmission or regeneration of voice, images or ...
242,742,000
291736
Terephthalic acid and its salts
171,703,000
720449
Waste and scrap of iron or steel (excluding slag, scale and other waste of the production of ...
371,000
158,762,000
730890
Structures and parts of structures, of iron or steel, n.e.s. (excluding bridges and bridge-sections, ...
144,087,000
851712
Telephones for cellular networks "mobile telephones" or for other wireless networks
135,491,000
In the high potential imports of Pakistan from the UK, most products already face tariffs similar to those faced by Pakistan’s FTA partners
*Theoretical potential from switching imports from existing sources to Estonia exporters, ignoring competitiveness and
tariffs