1. Lithuania - Pakistan Trade

2. LITHUANIA WAS PAKISTAN’S 63RD 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% 63
Lithuania
40,796,000
0.17%
EU is Pakistan’s largest export market and the UK is the most important export market within the EU

3. LITHUANIA WAS THE SIXTEENTH LARGEST EXPORT DESTINATION WITHIN THE EU IN 2018
The EU is Pakistan’s largest export market representing 34% of exports
Lithuania accounted for 0.51% 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. LITHUANA RANKS NO. 92 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% 92
Lithuania
623,935,000 1%
EU is Pakistan’s largest export market and the UK is the most important export market within the EU

5. WITHIN THE EU, LITHUANIA WAS THE 23RD 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.
Lithuania accounts for 0.11% 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 LITHUANIA Trade Trends
Bilateral trade decreased from US$ 53.5 Mn in 2014 to US$ 46.65Mn in 2018 i.e. by 12.8% in five years
Pakistan’s exports to Lithuania fell by 15.2% during this period.
Meanwhile, Lithuania’s exports to Pakistan increased slightly by 7.9% during the last five years.
The trade balance in 2018 has decreased from 2014 from $42.7 Mn to $35 Mn

7. PAKISTAN’S TOP 10 EXPORTS TO LITHUANIA
HS CODE
DESCRIPTION
EXPORT VALUE 2016 (US$)
EXPORT VALUE 2017 (US$)
EXPORT VALUE 2018 (US$)
521021
Plain woven fabrics of cotton, containing predominantly, but < 85% cotton by weight, mixed ...
3,069,000
3,539,000
5,222,000
100630
Semi-milled or wholly milled rice, whether or not polished or glazed
3,561,000
3,468,000
4,360,000
551341
Plain woven fabrics containing predominantly, but < 85% polyester staple fibres by weight, ...
672,000
2,665,000
3,674,000
300390
Medicaments consisting of two or more constituents mixed together for therapeutic or prophylactic ...
766,000
2,024,000
2,507,000
630231
Bedlinen of cotton (excluding printed, knitted or crocheted)
1,322,000
2,023,000
1,934,000
630260
Toilet linen and kitchen linen, of terry towelling or similar terry fabrics of cotton (excluding ...
1,231,000
1,559,000
1,915,000
521051
1,005,000
1,274,000
1,386,000
420329
Gloves, mittens and mitts, of leather or composition leather (excluding special sports gloves)
1,013,000
1,140,000
1,364,000
520851
Plain woven fabrics of cotton, containing >= 85% cotton by weight and weighing <= 100 g/m², ...
229,000
314,000
1,167,000
300490
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, ...
4,333,000
6,283,000
1,110,000

8. PAKISTAN’S TOP 10 IMPORTS FROM LITHUANIA
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 ...
2,429,000
2,803,000
3,275,000
852560
Transmission apparatus for radio-broadcasting or television, incorporating reception apparatus
1,177,000
1,554,000
1,151,000
291735
Phthalic anhydride
364,000
266,000
319,000
720449
Waste and scrap of iron or steel (excluding slag, scale and other waste of the production of ...
2,691,000
253,000
171,000
842240
Packing or wrapping machinery, incl. heat-shrink wrapping machinery (excluding machinery for ... -
154,000
760200
Waste and scrap, of aluminium (excluding slags, scale and the like from iron and steel production, ...
91,000
81,000
136,000
902000
Breathing appliances and gas masks (excluding protective masks having neither mechanical parts ...
75,000
109,000
129,000
382200
Diagnostic or laboratory reagents on a backing, prepared diagnostic or laboratory reagents ...
424,000
458,000
119,000
851769
Apparatus for the transmission or reception of voice, images or other data, incl. apparatus ...
7,000
44,000
040610
Fresh cheese "unripened or uncured cheese", incl. whey cheese, and curd
42,000

9. ACTUAL EXPORTS IN 2018 (US$) POTENTIAL EXPORTS IN 2018 (US$)
Pakistan’s Theoretical Potential* for Additional Exports to Lithuania, 2018
Top 10 Potential Products (HS 06). Aggregate Theoretical Potential $ 0.9 bn
HS CODE
DESCRIPTION
ACTUAL EXPORTS IN 2018 (US$)
POTENTIAL EXPORTS IN 2018 (US$)
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
901890
Instruments and appliances used in medical, surgical or veterinary sciences, n.e.s.
45,000
117,899,000
300490
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, ...
1,110,000
72,433,000
640399
Footwear with outer soles of rubber, plastics or composition leather, with uppers of leather ...
62,458,000
740400
Waste and scrap, of copper (excluding ingots or other similar unwrought shapes, of remelted ...
42,920,000
610910
T-shirts, singlets and other vests of cotton, knitted or crocheted
52,000
38,482,000
300439
Medicaments containing hormones or steroids used as hormones but not antibiotics, put up in ...
35,516,000
620342
Mens or boys trousers, bib and brace overalls, breeches and shorts, of cotton (excluding ...
228,000
35,022,000
481159
Paper and paperboard, surface-coloured, surface-decorated or printed, coated, impregnated or ...
30,900,000
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 Lithuania’s imports,
ignoring competitiveness and tariffs

10. ACTUAL IMPORTS IN 2018 (US$)
Pakistan’s Theoretical Potential* for Additional Imports from Lithuania, 2018
Top 10 Potential Products (HS 06). Aggregate theoretical potential is $6 bn
HS CODE
ACTUAL IMPORTS IN 2018 (US$)
POTENTIAL IMPORTS IN
2018 (US$)
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, ...
10,000
2,296,122,000
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. ... -
1,780,381,000
300490
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, ...
432,796,000
310530
Diammonium hydrogenorthophosphate "diammonium phosphate" (excluding that in tablets or similar ...
294,382,000
890120
Tankers
249,799,000
720449
Waste and scrap of iron or steel (excluding slag, scale and other waste of the production of ...
171,000
245,257,000
851712
Telephones for cellular networks "mobile telephones" or for other wireless networks
240,377,000
870120
Road tractors for semi-trailers
165,908,000
730890
Structures and parts of structures, of iron or steel, n.e.s. (excluding bridges and bridge-sections, ...
144,087,000
848180
Appliances for pipes, boiler shells, tanks, vats or the like (excluding pressure-reducing valves, ...
138,465,000
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 Lithuania exporters, ignoring competitiveness and
tariffs