HUNGARY PAKISTAN TRADE 1 HUNGARY WAS PAKISTANS 101

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HUNGARY - PAKISTAN TRADE 1

HUNGARY - PAKISTAN TRADE 1

HUNGARY WAS PAKISTAN’S 101 ST LARGEST EXPORT DESTINATION IN 2018 RANK COUNTRY World EXPORT

HUNGARY WAS PAKISTAN’S 101 ST 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% 101 Hungary 11, 626, 000 0. 05% 2

HUNGARY WAS THE 24 TH LARGEST EXPORT DESTINATION WITHIN THE EU IN 2018 Portugal,

HUNGARY WAS THE 24 TH LARGEST EXPORT DESTINATION WITHIN THE EU IN 2018 Portugal, Denmark, 2% 2% Poland, 3% The EU is Pakistan’s largest export United Kingdom, 22% Other, 8% France, 6% market representing 34% of exports Belgium, 8% Hungary accounted for 0. 1% of total Germany, 16% EU exports from Pakistan in 2018. Italy, 10% Spain, 11% Netherlands, 12% 3

HUNGARY RANKS NO. 67 IN PAKISTAN’S IMPORT SOURCES RANK COUNTRY 1 2 World China

HUNGARY RANKS NO. 67 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 IMPORTS 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 67 Thailand Hungary 1, 928, 465, 000 1, 430, 727, 000 32, 253, 000 2% 0. 05% 4

WITHIN THE EU, HUNGARY WAS THE 16 TH HIGHEST EXPORTER TO PAKISTAN IN 2018

WITHIN THE EU, HUNGARY WAS THE 16 TH HIGHEST EXPORTER TO PAKISTAN IN 2018 EU is Pakistan’s 3 rd largest import partner after China and UAE. Imports from the EU stood at $5. 46 billion in 2018. Hungary accounts for 0. 6% of Pakistan’s imports from the EU and 0. 05% of total imports from the world. Finland, 3% Germany, 24% Other, 10% Austria, 3% Spain, 4% Sweden, 5% Belgium, 6% United Kingdom, 16% France, 8% Netherlands, 10% Italy, 11% 5

PAKISTAN HUNGARY TRADE TRENDS 80 60 • Bilateral trade has remained the same US$

PAKISTAN HUNGARY TRADE TRENDS 80 60 • Bilateral trade has remained the same US$ 44 Mn from 2014 to 2018. • Meanwhile, Hungary’s exports to Pakistan rose by 3. 2% during the last four years. 48 40 USD Millions • Pakistan’s exports to Hungary fell by 0. 6% during this period. 71 20 34 31 13 32 12 0 -20 2014 -19 2015 2016 2017 2018 -21 -22 -35 -40 • The trade balance in 2018 has remained more or less the same. 15 13 12 -56 -60 Year -80 Exports to Hungary Imports from Hungary Trade Balance 6

PAKISTAN’S TOP 10 EXPORTS TO HUNGARY HS CODE 901890 520852 411200 521021 520831 411310

PAKISTAN’S TOP 10 EXPORTS TO HUNGARY HS CODE 901890 520852 411200 521021 520831 411310 420310 520851 520822 DESCRIPTION Instruments and appliances used in medical, surgical or veterinary sciences, n. e. s. Plain woven fabrics of cotton, containing >= 85% cotton by weight and weighing > 100 g to 200. . . Leather further prepared after tanning or crusting incl. parchment-dressed leather", of sheep. . . Plain woven fabrics of cotton, containing predominantly, but < 85% cotton by weight, mixed. . . Plain woven fabrics of cotton, containing >= 85% cotton by weight and weighing <= 200 g/m², . . . Plain woven fabrics of cotton, containing >= 85% cotton by weight and weighing <= 100 g/m², . . . Leather further prepared after tanning or crusting "incl. parchmentdressed leather", of goats. . . Articles of apparel, of leather or composition leather (excluding clothing accessories, footware. . . Plain woven fabrics of cotton, containing >= 85% cotton by weight and weighing <= 100 g/m², . . . Plain woven fabrics of cotton, containing >= 85% cotton by weight and weighing > 100 g to 200. . . EXPORT VALUE 2016 (US$) EXPORT VALUE 2017 (US$) EXPORT VALUE 2018 (US$) 490, 000 897, 000 1, 331, 000 1, 913, 000 1, 241, 000 969, 000 486, 000 801, 000 642, 000 705, 000 664, 000 41, 000 220, 000 602, 000 314, 000 266, 000 541, 000 485, 000 446, 000 431, 000 570, 000 313, 000 364, 000 99, 000 208, 000 360, 000 328, 000 521, 000 349, 000 7

PAKISTAN’S TOP 10 IMPORTS FROM HUNGARY HS CODE DESCRIPTION 847290 Office machines, n. e.

PAKISTAN’S TOP 10 IMPORTS FROM HUNGARY HS CODE DESCRIPTION 847290 Office machines, n. e. s. 841199 Parts of gas turbines, n. e. s. Worn clothing and clothing accessories, blankets and travelling rugs, household linen and articles. . . Heterocyclic compounds with nitrogen hetero-atom[s] only, containing in the structure a quinoline. . . Motor cars and other motor vehicles principally designed for the transport of persons, incl. . Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, . . . 630900 293349 870322 300490 841090 IMPORT VALUE 2016 (US$) IMPORT VALUE 2017 (US$) IMPORT VALUE 2018 (US$) 836, 000 6, 339, 000 4, 785, 000 16, 831, 000 31, 610, 000 3, 719, 000 2, 709, 000 2, 930, 000 3, 349, 000 3, 412, 000 250, 000 2, 236, 000 1, 944, 000 2, 692, 000 1, 950, 000 1, 600, 000 1, 936, 000 - - 1, 239, 000 661, 000 951, 000 1, 218, 000 961900 Parts of hydraulic turbines and water wheels incl. regulators Centrifugal pumps, power-driven (excluding those of subheading 8413. 11 and 8413. 19, fuel, lubricating. . . Sanitary towels (pads) and tampons, napkins and napkin liners for babies, and similar articles, . . . 994, 000 767, 000 954, 000 392350 Stoppers, lids, caps and other closures, of plastics 903, 000 853, 000 548, 000 841370 8

Pakistan’s Theoretical Potential* for Additional Exports to the Hungary, 2017 Top 10 Potential Products

Pakistan’s Theoretical Potential* for Additional Exports to the Hungary, 2017 Top 10 Potential Products (HS 06). Aggregate Theoretical Potential $1. 3 Bn HS CODE 270900 DESCRIPTION ACTUAL EXPORTS POTENTIAL EXPORTS IN 2018 (US$) - 262, 067, 000 271019 Petroleum oils and oils obtained from bituminous minerals, crude 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 - 154, 996, 000 901890 1, 331, 000 124, 560, 000 410712 Instruments and appliances used in medical, surgical or veterinary sciences, n. e. s. Grain splits leather "incl. parchment-dressed leather", of the whole hides and skins of bovine. . . 24, 000 109, 666, 000 390761 Poly"ethylene terephthalate", in primary forms, having a viscosity number of >= 78 ml/g - 98, 465, 000 620342 - 94, 795, 000 26, 000 78, 107, 000 170199 Men's or boys' trousers, bib and brace overalls, breeches and shorts, of cotton (excluding. . . Footwear with outer soles of rubber, plastics or composition leather, with uppers of leather. . . Cane or beet sugar and chemically pure sucrose, in solid form (excluding cane and beet sugar. . . - 76, 359, 000 252329 Portland cement (excluding white, whether or not artificially coloured) - 74, 331, 000 640399 *Theoretical potential from diverting Pakistan’s existing exports from other countries to meet Hungary’s imports, ignoring competitiveness and tariffs 9

Pakistan’s Theoretical Potential* for Additional Imports from the Hungary, 2017 Top 10 Potential Products

Pakistan’s Theoretical Potential* for Additional Imports from the Hungary, 2017 Top 10 Potential Products (HS 06). Aggregate theoretical potential is $4. 5 BN ACTUAL IMPORTS IN POTENTIAL IMPORTS IN 2018 (US$) HS CODE 271019 851712 870321 890800 300490 390120 870322 120510 870323 851762 Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, . . . Telephones for cellular networks "mobile telephones" or for other wireless networks Motor cars and other motor vehicles principally designed for the transport of persons, incl. . Vessels and other floating structures for breaking up Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, . . . Polyethylene with a specific gravity of >= 0, 94, in primary forms Motor cars and other motor vehicles principally designed for the transport of persons, incl. . Low erucic acid rape or colza seeds "yielding a fixed oil which has an erucic acid content. . . Motor cars and other motor vehicles principally designed for the transport of persons, incl. . Machines for the reception, conversion and transmission or regeneration of voice, images or. . . 56, 000 1, 066, 775, 000 - 585, 651, 000 - 517, 623, 000 - 515, 542, 000 1, 936, 000 430, 860, 000 - 298, 870, 000 1, 952, 000 289, 928, 000 - 282, 745, 000 388, 000 266, 337, 000 15, 000 242, 727, 000 10 *Theoretical potential from switching imports from existing sources to Hungary exporters, ignoring competitiveness and tariffs