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Portugal - Pakistan Trade

Explore the trade relationship between Portugal and Pakistan, including current trends, top exports and imports, trade complementarity, and the theoretical potential for additional trade. Discover the opportunities for both countries to enhance their bilateral trade.

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Portugal - Pakistan Trade

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  1. Portugal - Pakistan Trade

  2. PORTUGAL RANKED NO. 26 AS PAKISTAN’S EXPORT DESTINATION IN 2018

  3. PORTUGAL WAS THE NINTH LARGEST EXPORT DESTINATION WITHIN THE EU IN 2018 • The EU is Pakistan’s largest export market representing 34% of exports • Portugal accounted for 2% of total EU exports from Pakistan in 2018.

  4. PORTUGAL RANKS NO. 70 IN PAKISTAN’S IMPORT SOURCES

  5. WITHIN THE EU, PORTUGAL WAS THE SEVENTEENTH 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. • Portugal accounts for 0.5% of Pakistan’s imports from the EU and 0.04% of total imports from the world.

  6. PAKISTAN PORTUGAL TradeTrends • Bilateral trade increased from US$ 186.2 Mn in 2014 to US$ 217.5 Mn in 2018 i.e. by 16.8% in five years. • Pakistan’s exports to Portugal rose by 15% during this period. • Meanwhile, Poland’s exports to Pakistan rose by 32.3%during these five years. • The trade surplus has increased during the last five years, from $147.7 Mn in 2014 to around $166.5 Mn in 2018.

  7. PAKISTAN’S TOP 10 EXPORTS TO PORTUGAL

  8. PAKISTAN’S TOP 10 IMPORTS FROM PORTUGAL

  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 Portugal, 2018 Top 10 Potential Products (HS 06). Aggregate Theoretical Potential is $1.7 bn *Theoretical potential from diverting Pakistan’s existing exports from other countries to meet Portugal’s imports, ignoring competitiveness and tariffs

  11. Pakistan’s Theoretical Potential* for Additional Imports from Portugal, 2018 Top 10 Potential Products (HS 06). Aggregate theoretical potential is $6.1 bn *Theoretical potential from switching imports from existing sources to Portugal exporters, ignoring competitiveness and tariffs

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