AUSTRIA PAKISTAN TRADE 1 AUSTRIA WAS PAKISTANS 94

AUSTRIA - PAKISTAN TRADE 1

AUSTRIA WAS PAKISTAN’S 94 th LARGEST EXPORT DESTINATION IN 2018 RANK COUNTRY World EXPORT VALUE (US$) % SHARE IN TOTAL EXPORTS 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% 6 United Arab Emirates 983, 575, 000 4% 7 Netherlands 942, 802, 000 4% 8 Spain 922, 898, 000 4% 9 Bangladesh 783, 825, 000 3% 94 Austria 15, 056, 000 0. 06% 2

AUSTRIA WAS THE 23 rd LARGEST EXPORT DESTINATION WITHIN THE EU IN 2018 Denmark Portugal 2% 2% Austria 0% Others 7% Poland 3% France 6% United Kingdom 22% The EU is Pakistan’s largest export market representing 34% of exports Belgium 8% Germany 16% Austria accounted for 0. 19% of total EU exports from Pakistan in 2018. Italy 10% Spain 12% Netherlands 12% 3

AUSTRIA RANKS NO. 38 IN PAKISTAN’S IMPORT SOURCES RANK COUNTRY 1 2 World China United Arab Emirates 3 4 5 6 IMPORT VALUE (US$) 60, 162, 862, 000 14, 544, 687, 000 % SHARE IN TOTAL EXPORTS 8, 668, 637, 000 24% 14% Saudi Arabia United States of America Indonesia Qatar 3, 242, 349, 000 2, 946, 715, 000 2, 502, 372, 000 2, 386, 183, 000 5% 5% 4% 4% 7 Japan 2, 273, 024, 000 4% 8 India 3% 9 38 Thailand Austria 1, 928, 465, 000 1, 430, 727, 000 185, 693, 000 2% 0. 3% 4

WITHIN THE EU, AUSTRIA WAS THE NINTH HIGHEST EXPORTER TO PAKISTAN IN 2018 Denmark 2% EU is Pakistan’s 3 rd largest import partner after China and UAE. Imports from the EU stood at $5. 46 billion in 2018. Austria accounts for 3. 4% of Pakistan’s imports from the EU and 0. 3% of total imports from the world. Austria 3% Finland 3% other 8% Germany 24% Spain 4% Sweden 5% Belgium 6% United Kingdom 16% France 8% Netherlands 10% Italy 11% 5

PAKISTAN AUSTRIA TRADE TRENDS 250 • Bilateral trade increased from US$ 137 mn in 2014 to US$ 201 bn in 2018 i. e. by 47% in five years 156 150 50 117 20 16 14 15 13 00 2014 2015 2016 2017 2018 -50 -100 • The trade balance in 2018 is down to c. $171 mn in Austria’s favor. 144 133 100 USD Millions • Pakistan’s exports to Austria fell by 25% during this period. • Meanwhile, Austria’s exports to Pakistan rose by 59% during the last five years. 186 200 -097 -117 -141 -150 -131 -171 -200 Year Exports to Austria Imports from Austria Trade Balance 6

PAKISTAN’S TOP 10 EXPORTS TO AUSTRIA HS CODE 570110 411390 901890 420310 620342 420329 610590 620339 840790 PRODUCT Carpets and other textile floor coverings, of wool or fine animal hair, knotted, whether or. . . Leather further prepared after tanning or crusting "incl. parchment-dressed leather", of goats. . . Leather further prepared after tanning or crusting "incl. parchment-dressed leather", of antelopes, . . . Instruments and appliances used in medical, surgical or veterinary sciences, n. e. s. Articles of apparel, of leather or composition leather (excluding clothing accessories, footware. . . Men's or boys' trousers, bib and brace overalls, breeches and shorts, of cotton (excluding. . . Gloves, mittens and mitts, of leather or composition leather (excluding special sports gloves) Men's or boys' shirts of textile materials, knitted or crocheted (excluding of cotton or man-made. . . Men's or boys' jackets and blazers of textile materials (excluding of wool, fine animal hair, . . . Spark-ignition reciprocating or rotary internal combustion piston engine (excluding those for. . . Export Value 2016 US$ Export Value 2017 US$ Export Value 2018 US$ 1, 999, 000 1, 468, 000 2, 126, 000 1, 744, 000 1, 482, 000 1, 408, 000 1, 314, 000 1, 334, 000 1, 322, 000 1, 043, 000 990, 000 785, 000 716, 000 784, 000 692, 000 451, 000 409, 000 591, 000 296, 000 507, 000 589, 000 133, 000 450, 000 539, 000 433, 000 429, 000 537, 000 - - 381, 000 7

PAKISTAN’S TOP 10 IMPORTS FROM AUSTRIA HS CODE 550490 850220 300490 850239 860400 550410 220210 844319 847720 440729 DESCRIPTION Artificial staple fibres, not carded, combed or otherwise processed for spinning (excluding. . . Generating sets with spark-ignition internal combustion piston engine Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, . . . Generating sets (excluding wind-powered and powered by spark-ignition internal combustion piston. . . Railway or tramway maintenance or service vehicles, whether or not selfpropelled, e. g. , workshops, . . . Staple fibres of viscose rayon, not carded, combed or otherwise processed for spinning Waters, incl. mineral and aerated, with added sugar, sweetener or flavour, for direct consumption. . . Printing machinery used for printing by means of plates, cylinders and other printing components. . . Extruders for working rubber or plastics Tropical wood specified in Subheading Note 1 to this chapter, sawn or chipped lengthwise, sliced. . . IMPORT VALUE 2016 (US$) IMPORT VALUE 2017 (US$) IMPORT VALUE 2018 (US$) 30, 089, 000 42, 557, 000 53, 000 4, 326, 000 18, 708, 000 20, 361, 000 1, 534, 000 2, 211, 000 13, 977, 000 405, 000 390, 000 12, 990, 000 5, 346, 000 1, 291, 000 7, 315, 000 2, 244, 000 3, 421, 000 3, 997, 000 3, 187, 000 3, 630, 000 3, 301, 000 862, 000 1, 137, 000 3, 142, 000 - 619, 000 2, 966, 000 3, 240, 000 3, 923, 000 2, 721, 000 8

TRADE COMPLIMENTARITY* 60 50 56. 8 54. 03 56. 47 51. 89 49. 39 40 30 26. 26 26. 38 2014 2015 23. 71 24. 61 24. 57 2016 2017 2018 20 10 0 Complementarity of PK's Exports with AUT's Imports Complementarity of AUT's Exports with PK's Imports * Trade complementarity is the ability of each country to satisfy the other’s import needs from its existing export pool 9

Pakistan’s Theoretical Potential* for Additional Exports to the Austria, 2017 Top 10 Potential Products (HS 06). Aggregate Theoretical Potential $2 Bn HS CODE DESCRIPTION ACTUAL EXPORTS POTENTIAL EXPORTS IN 2018 (US$) 901890 Instruments and appliances used in medical, surgical or veterinary sciences, n. e. s. 785, 000 372, 397, 000 620342 Men's or boys' trousers, bib and brace overalls, breeches and shorts, of cotton (excluding. . . 591, 000 348, 398, 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 Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, . . . T-shirts, singlets and other vests of textile materials, knitted or crocheted (excluding cotton) 97, 000 242, 606, 000 - 235, 930, 000 26, 000 157, 237, 000 - 131, 665, 000 - 103, 068, 000 32, 000 100, 275, 000 58, 000 90, 539, 000 271019 610990 390761 611595 620462 610510 Poly"ethylene terephthalate", in primary forms, having a viscosity number of >= 78 ml/g Full-length or knee-length stockings, socks and other hosiery, incl. footwear without applied. . . Women's or girls' trousers, bib and brace overalls, breeches and shorts of cotton (excluding. . . Men's or boys' shirts of cotton, knitted or crocheted (excluding nightshirts, T-shirts, singlets. . . *Theoretical potential from diverting Pakistan’s existing exports from other countries to meet Austria’s imports, ignoring competitiveness and tariffs 10

Pakistan’s Theoretical Potential* for Additional Imports from Austria, 2017 Top 10 Potential Products (HS 06). Aggregate theoretical potential is $7. 5 BN ACTUAL IMPORTS IN POTENTIAL IMPORTS IN 2018 (US$) HS CODE 271111 851712 271019 890800 300490 390210 720449 390120 847130 Natural gas, liquefied Telephones for cellular networks "mobile telephones" or for other wireless networks Light oils and preparations, of petroleum or bituminous minerals which >= 90% by volume "incl. . Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, . . . Vessels and other floating structures for breaking up Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, . . . Polypropylene, in primary forms Waste and scrap of iron or steel (excluding slag, scale and other waste of the production of. . . Polyethylene with a specific gravity of >= 0, 94, in primary forms Data-processing machines, automatic, portable, weighing <= 10 kg, consisting of at least a. . . - 3, 295, 892, 000 5, 000 833, 069, 000 - 688, 370, 000 - 615, 395, 000 - 515, 542, 000 13, 977, 000 418, 819, 000 1, 000 327, 245, 000 169, 000 310, 585, 000 - 298, 870, 000 286, 171, 000 11 *Theoretical potential from switching imports from existing sources to Austria exporters, ignoring competitiveness and tariffs