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CZEch REPUBLIC - Pakistan Trade

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Presentation on theme: "CZEch REPUBLIC - Pakistan Trade"— Presentation transcript:

1 CZEch REPUBLIC - Pakistan Trade

2 CZECH REPUBLIC WAS PAKISTAN’S 59TH 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% 59 Czech Republic 44,703,000 0.2% EU is Pakistan’s largest export market and the UK is the most important export market within the EU

3 CZECH REPUBLIC WAS THE 15th LARGEST EXPORT DESTINATION WITHIN THE EU IN 2018
The EU is Pakistan’s largest export market representing 34% of exports Czech Republic accounted for 0.6% 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 CZECH REPUBLIC RANKS NO. 61 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% 61 Czech Republic 43,823,000 0.07% EU is Pakistan’s largest export market and the UK is the most important export market within the EU

5 WITHIN THE EU, CZECH REPUBLIC WAS THE 15TH 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. Czech Republic accounts for 0.8% of Pakistan’s imports from the EU and 0.07% of total imports from the world. The UK is the second most important import supplying market of Pakistan in the EU

6 PAKISTAN CZECH REPUBLIC Trade Trends
Bilateral trade increased from US$ 87 Mn in 2014 to US$ 89 Mn in 2018 i.e. by 2% in four years Pakistan’s exports to Czech Republic rose by 10% during this period, thanks to 14% growth in 2014, post GSP+ Meanwhile, Czech Republic’s exports to Pakistan fell by 4% during the last four years. The trade balance in 2018 is positive for Pakistan.

7 PAKISTAN’S TOP 10 EXPORTS TO the Czech republic
HS CODE DESCRIPTION EXPORT VALUE 2016 (US$) EXPORT VALUE 2017 (US$) EXPORT VALUE 2018 (US$) 620322 Men's or boys' ensembles of cotton (excluding knitted or crocheted, ski ensembles and swimwear) 2,318,000 4,544,000 8,273,000 620342 Men's or boys' trousers, bib and brace overalls, breeches and shorts, of cotton (excluding ... 8,962,000 5,360,000 5,842,000 630210 Bedlinen, knitted or crocheted 2,684,000 2,644,000 3,092,000 420329 Gloves, mittens and mitts, of leather or composition leather (excluding special sports gloves) 2,371,000 2,505,000 901890 Instruments and appliances used in medical, surgical or veterinary sciences, n.e.s. 1,401,000 1,414,000 2,431,000 630231 Bedlinen of cotton (excluding printed, knitted or crocheted) 1,775,000 1,588,000 2,364,000 420310 Articles of apparel, of leather or composition leather (excluding clothing accessories, footware ... 829,000 1,218,000 1,480,000 420321 Specially designed gloves for use in sport, of leather or composition leather 1,130,000 1,234,000 1,435,000 611610 Gloves, mittens and mitts, impregnated, coated or covered with plastics or rubber, knitted ... 778,000 1,109,000 1,084,000 630260 Toilet linen and kitchen linen, of terry towelling or similar terry fabrics of cotton (excluding ... 854,000 682,000 856,000

8 PAKISTAN’S TOP 10 IMPORTS FROM Czech republic
HS CODE DESCRIPTION IMPORT VALUE 2016 (US$) IMPORT VALUE 2017 (US$) IMPORT VALUE 2018 (US$) 480421 Unbleached sack kraft paper, uncoated, in rolls of a width > 36 cm (excluding goods of heading ... 6,564,000 6,790,000 7,134,000 844513 Drawing or roving machines 457,000 4,156,000 4,242,000 852610 Radar apparatus 2,000 - 3,030,000 847150 Processing units for automatic data-processing machines, whether or not containing in the same ... 615,000 1,074,000 2,698,000 901839 Needles, catheters, cannulae and the like, used in medical, surgical, dental or veterinary ... 538,000 1,146,000 1,960,000 440712 Fir "Abies spp." and spruce "Picea spp." sawn or chipped lengthwise, sliced or peeled, whether ... 581,000 1,160,000 851769 Apparatus for the transmission or reception of voice, images or other data, incl. apparatus ... 553,000 342,000 906,000 930630 Cartridges for smooth-barrelled shotguns, revolvers and pistols and cartridges for riveting ... 32,000 860,000 853620 Automatic circuit breakers for a voltage <= V 611,000 625,000 844,000 844833 Spindles, spindle flyers, spinning rings and ring travellers, for machines of heading 8445 561,000 1,186,000 687,000

9 ACTUAL EXPORTS IN 2018 (US$) POTENTIAL EXPORTS IN 2018 (US$)
Pakistan’s Theoretical Potential* for Additional Exports to the Czech Republic, 2017 Top 10 Potential Products (HS 06). Aggregate Theoretical Potential $1.7 Bn HS CODE DESCRIPTION ACTUAL EXPORTS IN 2018 (US$) POTENTIAL EXPORTS IN 2018 (US$) 901890 Instruments and appliances used in medical, surgical or veterinary sciences, n.e.s. 2,431,000 289,393,000 270900 Petroleum oils and oils obtained from bituminous minerals, crude - 262,067,000 620342 Men's or boys' trousers, bib and brace overalls, breeches and shorts, of cotton (excluding ... 5,842,000 253,549,000 610910 T-shirts, singlets and other vests of cotton, knitted or crocheted 571,000 242,132,000 271019 Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, ... 235,930,000 390761 Poly"ethylene terephthalate", in primary forms, having a viscosity number of >= 78 ml/g 132,994,000 610990 T-shirts, singlets and other vests of textile materials, knitted or crocheted (excluding cotton) 213,000 122,074,000 620462 Women's or girls' trousers, bib and brace overalls, breeches and shorts of cotton (excluding ... 104,000 100,203,000 640399 Footwear with outer soles of rubber, plastics or composition leather, with uppers of leather ... 25,000 78,108,000 611020 Jerseys, pullovers, cardigans, waistcoats and similar articles, of cotton, knitted or crocheted ... 139,000 74,102,000 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 Czech Republic’s imports, ignoring competitiveness and tariffs

10 ACTUAL IMPORTS IN 2018 (US$)
Pakistan’s Theoretical Potential* for Additional Imports from the Czech Republic, 2017 Top 10 Potential Products (HS 06). Aggregate theoretical potential is $4.3 BN HS CODE ACTUAL IMPORTS IN 2018 (US$) POTENTIAL IMPORTS IN 2018 (US$) 851712 Telephones for cellular networks "mobile telephones" or for other wireless networks - 833,074,000 720449 Waste and scrap of iron or steel (excluding slag, scale and other waste of the production of ... 269,000 580,015,000 870321 Motor cars and other motor vehicles principally designed for the transport of persons, incl. ... 542,106,000 300490 Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, ... 18,000 432,778,000 271012 Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. ... 427,134,000 390210 Polypropylene, in primary forms 340,674,000 271019 Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, ... 15,000 334,165,000 390120 Polyethylene with a specific gravity of >= 0,94, in primary forms 210,000 298,660,000 870322 291,880,000 847130 Data-processing machines, automatic, portable, weighing <= 10 kg, consisting of at least a ... 4,000 286,169,000 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 Czech Republic exporters, ignoring competitiveness and tariffs


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