EU-Pakistan
Trade continued to follow consistent pattern during
2003. The overall trade volume increased slightly
due to an upsurge in Pakistani imports to the EU
market. The trade volume also increased from 5.06
billion in 2002 to 5.16 billion in 2003. Likewise,
the trade deficit increased from curo 765 million in
2002 to euro 827 million in favor of Pakistan in
2003.
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General Figures on Pakistan
Area: 803.943 sqm
Population: approx. 148 million (2.16
% growth rate)
GDP (Gross Domestic Product):
60.8 billion US$
GDP Growth: 6.4 %
GNP Growth: 8,4 %
Per capita income: US$ 652
Budget Deficit: 0.4% 2.5 billion US$
Rate of Inflation: 7%
CPI: 9.26%
Foreign Trade, Import:
Saudi Arabia 11,5 %
Japan 6, 4 %
USA 6, 3 %
Germany 3.1 %
Foreign Trade, Export:
USA 23, 6 %
GB 7,5 %
Germany 5 %
Balance of Trade
July 03- June 04:
Import: 15.47 billion US $
Export: 12.27 billion US $
Deficit: - 3.2 billion US $
July 04-Nov 04:
Import: 7.563 billion US $
Export: 5.708 billion US $
Deficit: 1.855 billion US $
Balance of payments
from July 03-March 04:
Commercial balance sheet:
-757 million US$
Balance of services transactions:
-2.260 US$
Balance of capital account:
1.859 US$
Foreign Direct Investment
(FDI) July 03-May 04:
903 Million US$ (6,1 Million US$ from
Germany)
(FDI) July 03-May 04:
US$ 275,3 Million US$ (62 % higher
than in the same period last year:
July 03-Oct. 03: 170.3 Million US $,
no investment from Germany)
Source: Economic Survey, Ministry
of Finance, Islamabad. |