Pakistan Poland Trade Relations and Trends 2018

POLAND - PAKISTAN TRADE 1

POLAND RANKED NO. 23 AS 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 Poland 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 23 16% 8% 7% 6% 6% 4% 4% 4% 3% 1% 234,830,000 2

POLAND WAS THE EIGHTH LARGEST EXPORT DESTINATION WITHIN THE EU IN 2018 Denmark, 2% Portugal, 2% Other, 8% Poland, 3% United Kingdom, 22% France, 6% The EU is Pakistan s largest export market representing 34% of exports Belgium, 8% Poland accounted for 3% of total EU exports from Pakistan in 2018. Germany, 16% Italy, 10% Netherlands, 12% Spain, 11% 3

POLAND RANKS NO. 43 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 1,430,727,000 108,794,000 % SHARE IN TOTAL EXPORTS 1 2 24% 14% 3 4 5 6 7 8 9 43 Saudi Arabia United States of America Indonesia Qatar Japan India Thailand Poland 5% 5% 4% 4% 4% 3% 2% 0.18% 4

WITHIN THE EU, POLAND WAS THE TWELVTH HIGHEST EXPORTER TO PAKISTAN IN 2018 EU is Pakistan s 3rd largest import partner after China and UAE. Other, 13% Poland, 2% Austria, 3% Germany, 24% Imports from the EU stood at $5.46 billion in 2018. Spain, 4% Sweden, 5% Poland accounts for 2% of Pakistan s imports from the EU and 0.2% of total imports from the world. Belgium, 6% United Kingdom, 16% France, 8% Netherlands, 10% Italy, 11% 5

PAKISTAN POLAND TRADETRENDS Bilateral trade increased from US$ 221.2 Mn in 2014 to US$ 343.6 Mn in 2018 i.e. by 55.3% in five years 250.0 234.8 203.0 200.0 174.5 154.4 146.2 142.8 150.0 USD Millions Pakistan s exports to Poland rose by 60.6% during this period. 126.0 108.8 98.0 100.0 85.2 89.3 75.0 71.2 Meanwhile, Poland s exports to Pakistan rose by 45.1% during these five years. 50.0 48.6 44.8 0.0 The trade surplus has increased during the last five years, from $71.2 Mn in 2014 to around $126 Mn in 2018. 2014 2015 2016 Years 2017 2018 Exports to Poland Imports to Poland Trade Balance 6

PAKISTANS TOP 10 EXPORTS TO POLAND 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 11,829,000 47,913,000 51,585,000 630231 Bedlinen of cotton (excluding printed, knitted or crocheted) Toilet linen and kitchen linen, of terry towelling or similar terry fabrics of cotton (excluding ... 18,536,000 19,573,000 20,360,000 630260 14,905,000 14,050,000 18,317,000 630210 Bedlinen, 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 ... 9,837,000 12,633,000 13,231,000 420329 5,838,000 7,133,000 10,461,000 620342 17,460,000 7,108,000 6,885,000 630251 Table linen of cotton (excluding knitted or crocheted) 3,829,000 3,241,000 5,559,000 100630 Semi-milled or wholly milled rice, whether or not polished or glazed Women's or girls' trousers, bib and brace overalls, breeches and shorts of cotton (excluding ... 2,449,000 3,500,000 5,420,000 620462 15,391,000 4,865,000 4,387,000 100620 Husked or brown rice 293,000 2,920,000 3,882,000 7

PAKISTANS TOP 10 IMPORTS FROM POLAND IMPORT VALUE 2016 (US$) IMPORT VALUE 2017 (US$) IMPORT VALUE 2018 (US$) HS CODE DESCRIPTION Coke and semi-coke of coal, of lignite or of peat, whether or not agglomerated; retort carbon Worn clothing and clothing accessories, blankets and travelling rugs, household linen and articles ... 270400 10,709,000 17,608,000 21,996,000 630900 4,865,000 6,921,000 8,785,000 852352 Cards incorporating one or more electronic integrated circuits "smart cards" Waste and scrap of iron or steel (excluding slag, scale and other waste of the production of ... - - 8,677,000 720449 8,881,000 7,145,000 6,548,000 720441 Turnings, shavings, chips, milling waste, sawdust, filings, trimmings and stampings of iron ... 4,907,000 6,258,000 4,270,000 821210 Non-electric razors of base metal 4,538,000 7,280,000 4,028,000 890800 Vessels and other floating structures for breaking up - - 3,860,000 480411 Unbleached kraftliner, uncoated, in rolls of a width > 36 cm Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing ... Refractory bricks, blocks, tiles and similar refractory ceramic constructional goods containing, ... 5,310,000 4,473,000 3,072,000 190190 3,135,000 6,070,000 2,784,000 690210 91,000 863,000 2,375,000 8

TRADE COMPLIMENTARITY* 70 57.61 60 55.03 54.13 50.79 50.4 50 40 26.87 30 25.06 24.98 24.89 24.37 20 10 0 2014 2015 2016 2017 2018 Complimentarity of Pakistan's exports with Poland's imports Complimentarity of Poland's exports with Pakistan's imports * Trade complementarity is the ability of each country to satisfy the other s import needs from its existing export pool 9

Pakistans Theoretical Potential* for Additional Exports to Poland, 2018 Top 10 Potential Products (HS 06). Aggregate Theoretical Potential is $2.1 bn ACTUAL EXPORTS IN 2018 (US$) POTENTIAL EXPORTS IN 2018 (US$) HS CODE DESCRIPTION 901890 Instruments and appliances used in medical, surgical or veterinary sciences, n.e.s. 2,941,000 370,241,000 620342 Mens or boys trousers, bib and brace overalls, breeches and shorts, of cotton (excluding ... 6,885,000 342,104,000 270900 Petroleum oils and oils obtained from bituminous minerals, crude - 262,067,000 610910 T-shirts, singlets and other vests of cotton, knitted or crocheted 692,000 242,011,000 271019 Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, ... - 235,930,000 610990 T-shirts, singlets and other vests of textile materials, knitted or crocheted (excluding cotton) 1,338,000 155,925,000 390761 Poly"ethylene terephthalate", in primary forms, having a viscosity number of >= 78 ml/g - 132,994,000 220710 Undenatured ethyl alcohol, of actual alcoholic strength of >= 80% - 130,476,000 611595 Full-length or knee-length stockings, socks and other hosiery, incl. footwear without applied ... 2,885,000 109,805,000 Grain splits leather "incl. parchment-dressed leather", of the whole hides and skins of bovine ... *Theoretical potential from diverting Pakistan s existing exports from other countries to meet Poland s imports, ignoring competitiveness and tariffs 410712 505,000 109,185,000 10

Pakistans Theoretical Potential* for Additional Imports from Poland, 2018 Top 10 Potential Products (HS 06). Aggregate theoretical potential is $8.9 bn ACTUAL IMPORTS IN 2018 (US$) POTENTIAL IMPORTS IN 2018 (US$) HS CODE 271111 Natural gas, liquefied - 3,295,892,000 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. ... 120,000 1,844,484,000 271012 484,000 698,001,000 851712 Telephones for cellular networks "mobile telephones" or for other wireless networks - 696,849,000 870321 Motor cars and other motor vehicles principally designed for the transport of persons, incl. ... - 542,106,000 270112 Bituminous coal, whether or not pulverised, non-agglomerated Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, ... - 491,720,000 300490 2,108,000 430,688,000 390120 Polyethylene with a specific gravity of >= 0,94, in primary forms - 298,494,000 720449 Waste and scrap of iron or steel (excluding slag, scale and other waste of the production of ... 6,548,000 296,796,000 Motor cars and other motor vehicles principally designed for the transport of persons, incl. ... *Theoretical potential from switching imports from existing sources to Poland exporters, ignoring competitiveness and tariffs 870322 - 291,880,000 11