1. The United Kingdom - Pakistan Trade

2. UK WAS PAKISTAN’S THIRD 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% 10
Italy
771,593,000
EU is Pakistan’s largest export market and the UK is the most important export market within the EU

3. UK WAS THE SINGLE LARGEST EXPORT DESTINATION WITHIN THE EU IN 2018
The EU is Pakistan’s largest export market representing 34% of exports
The UK accounted for 22% 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. UK RANKS NO. 15 IN PAKISTAN’S IMPORT SOURCES
COUNTRY
IMPORT VALUE (US$)
% SHARE IN TOTAL EXPORTS
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% 15
United Kingdom
865,231,000 1%
EU is Pakistan’s largest export market and the UK is the most important export market within the EU

5. WITHIN THE EU, UK WAS THE SECOND HIGHETS 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.
The UK accounts for 16% of Pakistan’s imports from the EU and 1.4% of total imports from the world.
The UK is the second most important import supplying market of Pakistan in the EU

6. PAKISTAN UK Trade Trends

7. PAKISTAN’S TOP 10 EXPORTS TO the uk
HS CODE
DESCRIPTION
EXPORT VALUE 2016 (US$)
EXPORT VALUE 2017 (US$)
EXPORT VALUE 2018 (US$)
630239
Bedlinen of textile materials
218,877,000
226,218,000
219,605,000
620322
Men's or boys' ensembles of cotton
97,241,000
140,989,000
149,226,000
630231
Bedlinen of cotton (excluding printed, knitted or crocheted)
85,753,000
97,367,000
99,216,000
630210
Bedlinen, knitted or crocheted
103,722,000
93,498,000
85,991,000
100630
Semi-milled or wholly milled rice, whether or not polished or glazed
23,926,000
26,182,000
79,312,000
630260
Toilet linen and kitchen linen, of terry towelling or similar terry fabrics of cotton
79,194,000
80,155,000
75,361,000
610590
Men's or boys' shirts of textile materials, knitted or crocheted
64,715,000
75,489,000
72,628,000
611090
Jerseys, pullovers, cardigans, waistcoats and similar articles, of textile materials, knitted . . .
41,343,000
39,692,000
58,951,000
610349
Men's or boys' trousers, bib and brace overalls, breeches and shorts of textile materials
34,745,000
41,602,000
48,564,000
610910
T-shirts, singlets and other vests of cotton, knitted or crocheted
25,154,000
29,984,000
38,236,000

8. PAKISTAN’S TOP 10 IMPORTS FROM the uk
HS CODE
DESCRIPTION
IMPORT VALUE 2016 (US$)
IMPORT VALUE 2017 (US$)
IMPORT VALUE 2018 (US$)
720441
Turnings, shavings, chips, milling waste, sawdust, filings, trimmings and stampings of iron . . .
133,466,000
188,724,000
252,662,000
720449
Waste and scrap of iron or steel (excluding slag, scale and other waste
64,090,000
99,045,000
138,078,000
271111
Natural gas, liquefied
1,000
2,000
33,682,000
630900
Worn clothing and clothing accessories, blankets and travelling rugs, household linen
25,721,000
23,450,000
26,964,000
847130
Data-processing machines, automatic, portable, weighing <= 10 kg,.
10,683,000
17,712,000
21,451,000
382499
Chemical products and preparations of the chemical or allied industries, -
20,893,000
19,283,000
300490
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes
9,301,000
11,447,000
11,978,000
850213
Generating sets with compression-ignition internal combustion piston engine "diesel or semi-diesel . . .
12,127,000
14,154,000
10,758,000
780110
Unwrought lead, refined
29,351,000
30,152,000
10,168,000
550490
Artificial staple fibres, not carded, combed or otherwise processed for spinning
14,897,000
15,492,000
9,197,000

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

10. ACTUAL EXPORTS IN 2018 (US$) POTENTIAL EXPORTS IN 2018 (US$)
Pakistan’s Theoretical Potential* for Additional Exports to the UK, 2017
Top 10 Potential Products (HS 06). Aggregate Theoretical Potential $2.3 Bn
HS CODE
DESCRIPTION
ACTUAL EXPORTS IN 2018 (US$)
POTENTIAL EXPORTS IN 2018 (US$)
220710
Undenatured ethyl alcohol, of actual alcoholic strength of >= 80% -
385,263,000
901890
Instruments and appliances used in medical, surgical or veterinary sciences, n.e.s.
34,888,000
338,294,000
620342
Men's or boys' trousers, bib and brace overalls, breeches and shorts, of cotton (excluding ...
34,003,000
314,986,000
270900
Petroleum oils and oils obtained from bituminous minerals, crude
262,067,000
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, ...
235,930,000
170199
Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar ...
229,982,000
610910
T-shirts, singlets and other vests of cotton, knitted or crocheted
38,236,000
204,467,000
611595
Full-length or knee-length stockings, socks and other hosiery, incl. footwear without applied ...
16,779,000
197,988,000
630260
Toilet linen and kitchen linen, of terry toweling or similar terry fabrics of cotton (excluding ...
75,361,000
166,521,000
420310
Articles of apparel, of leather or composition leather (excluding clothing accessories, footwear ...
20,430,000
166,260,000
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 UK’s imports,
ignoring competitiveness and tariffs

11. ACTUAL IMPORTS IN 2018 (US$)
Pakistan’s Theoretical Potential* for Additional Imports from the UK, 2017
Top 10 Potential Products (HS 06). Aggregate theoretical potential is $4 BN
HS CODE
ACTUAL IMPORTS IN 2018 (US$)
POTENTIAL IMPORTS IN
2018 (US$)
851712
Telephones for cellular networks "mobile telephones" or for other wireless networks
69,000
833,005,000
720449
Waste and scrap of iron or steel (excluding slag, scale and other waste of the production of ...
138,078,000
811,168,000
300490
Medicaments consisting of mixed or unmixed products for therapeutic purposes
11,978,000
420,818,000
870321
Motor cars and other motor vehicles principally designed for the transport of persons, incl. ...
125,000
367,319,000
390110
Polyethylene with a specific gravity of < 0,94, in primary forms
15,000
336,935,000
390210
Polypropylene, in primary forms
11,000
302,525,000
870322
256,000
291,624,000
870323
631,000
266,094,000
847130
Data-processing machines, automatic, portable, weighing <= 10 kg, consisting of at least a ...
21,451,000
264,722,000
630900
Worn clothing and clothing accessories, blankets and travelling rugs, household linen
26,964,000
256,348,000
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 UK exporters, ignoring competitiveness and
tariffs