Pakistan-Sweden Trade Analysis: Insights and Trends
Explore the trade relations between Pakistan and Sweden based on export/import data from 2018. Sweden emerges as a significant partner for Pakistan in both exports and imports within the EU. Discover key statistics on trade value and trends, including Sweden’s rankings and contributions to Pakistan’s trade with the EU and the world. Gain insights into the bilateral trade dynamics, export destinations, import sources, and the evolving trade balance over the years.
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SWEDEN RANKED NO. 32 IN PAKISTANS EXPORT DESTINATION IN 2018 RANK COUNTRY EXPORT VALUE (US$) % SHARE IN TOTAL EXPORTS World United States of America China United Kingdom Afghanistan Germany United Arab Emirates Netherlands Spain Bangladesh Sweden 23,630,893,000 3,802,500,000 1,818,069,000 1,728,637,000 1,347,934,000 1,310,444,000 983,575,000 942,802,000 922,898,000 783,825,000 1 2 3 4 5 6 7 8 9 32 16% 8% 7% 6% 6% 4% 4% 4% 3% 0.6% 137,517,000 2
SWEDEN WAS THE ELEVENTH LARGEST EXPORT DESTINATION WITHIN THE EU IN 2018 Sweden, 1.72% Denmark, 2.17% Other, 4.05% Portugal, 2.40% Poland, 2.94% France, 5.59% The EU is Pakistan s largest export market representing 34% of exports United Kingdom, 21.62% Belgium, 8.34% Sweden accounted for 1.72% of total EU exports from Pakistan in 2018. Germany, 16.39% Italy, 9.65% Netherlands, 11.79% Spain, 11.54% 3
SWEDEN RANKS NO. 36 IN PAKISTANS IMPORT SOURCES RANK COUNTRY World China United Arab Emirates IMPORT VALUE (US$) 60,162,862,000 14,544,687,000 8,668,637,000 3,242,349,000 2,946,715,000 2,502,372,000 2,386,183,000 2,273,024,000 1,928,465,000 1,430,727,000 258,575,000 % SHARE IN TOTAL EXPORTS 1 2 24% 14% 3 4 5 6 7 8 9 36 Saudi Arabia United States of America Indonesia Qatar Japan India Thailand Sweden 5% 5% 4% 4% 4% 3% 2% 0.43% 4
WITHIN THE EU, SWEDEN WAS THE SEVENTH HIGHEST EXPORTER TO PAKISTAN IN 2018 Germany, 24% Finland, 3% Other, 10% EU is Pakistan s 3rd largest import partner after China and UAE. Austria, 3% Spain, 4% Imports from the EU stood at $5.46 billion in 2018. Sweden, 5% Belgium, 6% Sweden accounts for 5% of Pakistan s imports from the EU and 0.43% of total imports from the world. United Kingdom, 16% France, 8% Netherlands, 10% Italy, 11% 5
PAKISTAN SWEDEN TRADETRENDS 300.0 Bilateral trade remained similar from US$ 393.8 Mn in 2014 to US$ 396.1 Mn in 2018 in five years 259.5 258.6 250.0 228.5 203.3 196.0 200.0 140.5 137.5 134.3 150.0 130.1 123.3 Pakistan s exports to Spain rose by 2.3% during this period. USD Millions 100.0 50.0 Meanwhile, Spain s exports to Pakistan decreased slightly by 0.3% during these five years. 0.0 2014 2015 2016 2017 2018 -50.0 -65.8 -80.1 -88.0 -100.0 The trade deficit has reverted back during the last five years, from $125.2 Mn in 2014 to around $121.1 Mn in 2018. -121.1 -125.2 -150.0 Year Exports to Sweden Imports from Sweden Trade Balance 6
PAKISTANS TOP 10 EXPORTS TO SWEDEN EXPORT VALUE 2016 (US$) EXPORT VALUE 2017 (US$) EXPORT VALUE 2018 (US$) HS CODE DESCRIPTION Men's or boys' ensembles of cotton (excluding knitted or crocheted, ski ensembles and swimwear) 620322 14,095,000 27,649,000 26,170,000 630231 Bedlinen of cotton (excluding printed, knitted or crocheted) Gloves, mittens and mitts, of leather or composition leather (excluding special sports gloves) Men's or boys' trousers, bib and brace overalls, breeches and shorts, of cotton (excluding ... 13,879,000 19,713,000 19,634,000 420329 10,958,000 10,653,000 13,173,000 620342 13,302,000 16,529,000 10,454,000 100630 Semi-milled or wholly milled rice, whether or not polished or glazed Men's or boys' trousers, bib and brace overalls, breeches and shorts of textile materials (excluding ... Bedlinen of textile materials (excluding of cotton and man-made fibres, printed, knitted or ... Toilet linen and kitchen linen, of terry towelling or similar terry fabrics of cotton (excluding ... Gloves, mittens and mitts, impregnated, coated or covered with plastics or rubber, knitted ... 3,888,000 4,167,000 8,612,000 620349 4,826,000 5,899,000 7,596,000 630239 4,467,000 5,348,000 3,674,000 630260 3,989,000 3,488,000 3,570,000 611610 1,430,000 2,252,000 2,962,000 630210 Bedlinen, knitted or crocheted 2,713,000 4,310,000 2,732,000 7
PAKISTANS TOP 10 IMPORTS FROM SWEDEN IMPORT VALUE 2016 (US$) IMPORT VALUE 2017 (US$) IMPORT VALUE 2018 (US$) HS CODE DESCRIPTION 720441 Turnings, shavings, chips, milling waste, sawdust, filings, trimmings and stampings of iron ... Unbleached sack kraft paper, uncoated, in rolls of a width > 36 cm (excluding goods of heading ... Multi-ply paper and paperboard, coated on one or both sides with kaolin or other inorganic ... Optical media for the recording of sound or of other phenomena (excluding unrecorded and goods ... 9,477,000 19,736,000 36,167,000 480421 23,259,000 26,394,000 34,635,000 481092 52,145,000 36,422,000 27,738,000 852349 - 3,399,000 11,629,000 470500 Wood pulp obtained by a combination of mechanical and chemical pulping processes 6,297,000 9,868,000 11,611,000 390410 Poly"vinyl chloride", in primary forms, not mixed with any other substances Waste and scrap of iron or steel (excluding slag, scale and other waste of the production of ... 5,425,000 6,549,000 9,869,000 720449 3,162,000 3,972,000 7,973,000 290121 Ethylene Machines for the reception, conversion and transmission or regeneration of voice, images or ... Newsprint as specified in Note 4 to chapter 48, in rolls of a width > 36 cm or in square or ... - - 6,298,000 851762 4,698,000 2,717,000 5,771,000 480100 8,502,000 5,846,000 4,808,000 8
Pakistans Theoretical Potential* for Additional Exports to Sweden, 2018 Top 10 Potential Products (HS 06). Aggregate Theoretical Potential is $2 bn ACTUAL EXPORTS IN 2018 (US$) POTENTIAL EXPORTS IN 2018 (US$) HS CODE DESCRIPTION 901890 Instruments and appliances used in medical, surgical or veterinary sciences, n.e.s. 372,000 372,810,000 620342 Mens or boys trousers, bib and brace overalls, breeches and shorts, of cotton (excluding ... 10,454,000 313,283,000 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 610910 T-shirts, singlets and other vests of cotton, knitted or crocheted 351,000 235,347,000 220710 Undenatured ethyl alcohol, of actual alcoholic strength of >= 80% - 212,353,000 610990 T-shirts, singlets and other vests of textile materials, knitted or crocheted (excluding cotton) 924,000 142,755,000 620462 Womens or girls trousers, bib and brace overalls, breeches and shorts of cotton (excluding ... 1,328,000 98,979,000 940490 Articles of bedding and similar furnishing, fitted with springs or stuffed or internally filled ... 2,637,000 86,105,000 Footwear with outer soles of rubber, plastics or composition leather, with uppers of leather ... *Theoretical potential from diverting Pakistan s existing exports from other countries to meet Sweden s imports, ignoring competitiveness and tariffs 640399 153,000 77,980,000 9
Pakistans Theoretical Potential* for Additional Imports from Sweden, 2018 Top 10 Potential Products (HS 06). Aggregate theoretical potential is $8.8 bn ACTUAL IMPORTS IN 2018 (US$) POTENTIAL IMPORTS IN 2018 (US$) HS CODE 271019 Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, ... Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. ... 87,000 3,115,531,000 271012 - 2,765,238,000 851712 Telephones for cellular networks "mobile telephones" or for other wireless networks Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, ... - 833,074,000 300490 2,513,000 430,283,000 390110 Polyethylene with a specific gravity of < 0,94, in primary forms 970,000 335,980,000 390120 Polyethylene with a specific gravity of >= 0,94, in primary forms 63,000 298,807,000 847130 Data-processing machines, automatic, portable, weighing <= 10 kg, consisting of at least a ... 3,000 286,170,000 870323 Motor cars and other motor vehicles principally designed for the transport of persons, incl. ... - 266,725,000 720449 Waste and scrap of iron or steel (excluding slag, scale and other waste of the production of ... 7,973,000 248,965,000 Machines for the reception, conversion and transmission or regeneration of voice, images or ... *Theoretical potential from switching imports from existing sources to Sweden exporters, ignoring competitiveness and tariffs 851762 5,771,000 236,971,000 10
