Trade Statistics

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.
 
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.
EU-Pakistan Trade 2003
Rank EU Importing Countries ,000 Euro
1 United Kingdom 767.390
2 Germany 552.365
3 France 323.678
4 Italy 371.036
5 Netherlands 271.480
6 Belgium/Luxembourg 199.446
7 Spain 259.192
8 Portugal 65.878
9 Sweden 59.041
10 Greece 68.622
11 Denmark 40.789
12 Austria 31.482
13 ireland 30.081
14 Finland 16.861

Total (EUR 15)

3.003.341
   
Source(s): Eurostat (Intra- and extra-EU trade)
Rank EU Exporting Countries
1 United Kingdom ,000 Euro
2 Germany 543.072
3 France 281.462
4 Italy 423.908
5 Netherlands 293.858
6 Belgium/Luxembourg 184.916
7 Spain 172.395
8 Portugal 16.860
9 Sweden 69.668
10 Greece 56.953
11 Denmark 54.973
12 Austria 25.596
13 ireland 33.639
14 Finland 7.602

Total (EUR 15)

2.175.924

Source(s): Eurostat (Intra- and extra-EU trade)