1. NETHERLANDS - Pakistan Trade

2. NETHERLANDS WAS PAKISTAN’S SEVENTH 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. NETHERLANDS WAS THE THIRD LARGEST EXPORT DESTINATION WITHIN THE EU IN 2018
The EU is Pakistan’s largest export market representing 34% of exports
Netherlands accounted for 12% 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. NETHERLANDS RANKS NO. 22 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% 22
Netherlands
544,605,000 1%
EU is Pakistan’s largest export market and the UK is the most important export market within the EU

5. WITHIN THE EU, NETHERLANDS WAS THE FOURTH 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.
Netherlands accounts for 10% of Pakistan’s imports from the EU and 1% of total imports from the world.
The UK is the second most important import supplying market of Pakistan in the EU

6. PAKISTAN NETHERLANDS Trade Trends
Bilateral trade increased from US$ 1.01 bn in 2014 to US$ 1.49 bn in 2018 i.e. by 47.5% in five years
Pakistan’s exports to Netherlands rose by 0.7% during this period.
Meanwhile, Netherland’s exports to Pakistan rose by 37.7% during these five years.
The trade surplus has increased during the last five years, from $360 Mn in 2014 to around $398 Mn in 2018.

7. PAKISTAN’S TOP 10 EXPORTS TO NETHERLANDS
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)
54,800,000
63,526,000
118,617,000
630231
Bedlinen of cotton (excluding printed, knitted or crocheted)
86,312,000
75,228,000
89,052,000
630210
Bedlinen, knitted or crocheted
50,855,000
56,542,000
75,737,000
630260
Toilet linen and kitchen linen, of terry towelling or similar terry fabrics of cotton (excluding . . .
23,416,000
34,400,000
47,196,000
610711
Men's or boys' underpants and briefs of cotton, knitted or crocheted
29,099,000
37,335,000
45,662,000
100630
Semi-milled or wholly milled rice, whether or not polished or glazed
9,054,000
8,880,000
40,867,000
611595
Full-length or knee-length stockings, socks and other hosiery, incl. footwear without applied . . .
23,656,000
47,343,000
38,280,000
220710
Undenatured ethyl alcohol, of actual alcoholic strength of >= 80%
25,896,000
42,826,000
36,917,000
630239
Bedlinen of textile materials (excluding of cotton and man-made fibres, printed, knitted or . . .
27,080,000
35,588,000
31,699,000
620342
Men's or boys' trousers, bib and brace overalls, breeches and shorts, of cotton (excluding . . .
18,892,000
24,614,000
25,258,000

8. PAKISTAN’S TOP 10 IMPORTS FROM Netherlands
HS CODE
DESCRIPTION
IMPORT VALUE 2016 (US$)
IMPORT VALUE 2017 (US$)
IMPORT VALUE 2018 (US$)
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. ...
104,340,000
635,042,000
187,387,000
271111
Natural gas, liquefied -
61,645,000
190110
Food preparations for infant use, put up for retail sale, of flour, groats, meal, starch or ...
35,819,000
45,506,000
43,530,000
210690
Food preparations, n.e.s.
12,237,000
13,713,000
15,778,000
190190
Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing ...
6,720,000
8,004,000
10,490,000
760200
Waste and scrap, of aluminium (excluding slags, scale and the like from iron and steel production, ...
7,776,000
7,948,000
10,355,000
291816
Gluconic acid, its salts and esters
5,115,000
4,654,000
7,916,000
293723
Oestrogens and progestogens
5,463,000
4,268,000
7,150,000
390190
Polymers of ethylene, in primary forms (excluding polyethylene and ethylene-vinyl acetate ...
7,296,000
6,290,000
6,812,000
720449
Waste and scrap of iron or steel (excluding slag, scale and other waste of the production of ...
5,044,000
4,714,000
6,543,000

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 Netherlands, 2018
Top 10 Potential Products (HS 06). Aggregate Theoretical Potential $1.5 bn
HS CODE
DESCRIPTION
ACTUAL EXPORTS IN 2018 (US$)
POTENTIAL EXPORTS IN 2018 (US$)
220710
Undenatured ethyl alcohol, of actual alcoholic strength of >= 80%
36,917,000
388,582,000
620342
Men's or boys' trousers, bib and brace overalls, breeches and shorts, of cotton (excluding . . .
25,258,000
323,731,000
610910
T-shirts, singlets and other vests of cotton, knitted or crocheted
9,384,000
233,319,000
611595
Full-length or knee-length stockings, socks and other hosiery, incl. footwear without applied . . .
38,280,000
176,487,000
610990
T-shirts, singlets and other vests of textile materials, knitted or crocheted (excluding cotton)
8,403,000
148,860,000
610510
Men's or boys' shirts of cotton, knitted or crocheted (excluding nightshirts, T-shirts, singlets . . .
7,459,000
145,398,000
420310
Articles of apparel, of leather or composition leather (excluding clothing accessories, footware . . .
21,823,000
111,459,000
100630
Semi-milled or wholly milled rice, whether or not polished or glazed
40,867,000
82,450,000
630260
Toilet linen and kitchen linen, of terry towelling or similar terry fabrics of cotton (excluding . . .
47,196,000
72,523,000
611610
Gloves, mittens and mitts, impregnated, coated or covered with plastics or rubber, knitted . . .
8,989,000
60,404,000
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 Netherland’s imports,
ignoring competitiveness and tariffs

11. ACTUAL IMPORTS IN 2018 (US$)
Pakistan’s Theoretical Potential* for Additional Imports from Netherlands, 2018
Top 10 Potential Products (HS 06). Aggregate theoretical potential is $11 bn
HS CODE
ACTUAL IMPORTS IN 2018 (US$)
POTENTIAL IMPORTS IN
2018 (US$)
271012
Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. ...
187,387,000
3,533,532,000
271019
Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, ...
952,000
3,114,666,000
720449
Waste and scrap of iron or steel (excluding slag, scale and other waste of the production of ...
6,543,000
942,703,000
151190
Palm oil and its fractions, whether or not refined (excluding chemically modified and crude) -
885,949,000
851712
Telephones for cellular networks "mobile telephones" or for other wireless networks
2,000
833,072,000
270112
Bituminous coal, whether or not pulverised, non-agglomerated
523,541,000
300490
Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, ...
5,084,000
427,712,000
120510
Low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content ...
397,121,000
720839
Flat-rolled products of iron or non-alloy steel, of a width of >= 600 mm, in coils, simply ...
390,053,000
854140
Photosensitive semiconductor devices, incl. photovoltaic cells whether or not assembled in ...
389,594,000
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 Netherlands exporters, ignoring competitiveness and
tariffs