Austria-Pakistan Trade Insights
The trade dynamics between Austria and Pakistan, including export destinations, import sources, EU partnership, and trade trends. Discover the evolving bilateral trade relationship and key statistics shaping this economic connection.
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AUSTRIA WAS PAKISTANS 94th LARGEST EXPORT DESTINATION IN 2018 RANK COUNTRY EXPORT VALUE (US$) % SHARE IN TOTAL EXPORTS World United States of America China United Kingdom Afghanistan Germany United Arab Emirates Netherlands Spain Bangladesh Austria 23,630,893,000 3,802,500,000 1,818,069,000 1,728,637,000 1,347,934,000 1,310,444,000 983,575,000 942,802,000 922,898,000 783,825,000 15,056,000 1 2 3 4 5 6 7 8 9 94 16% 8% 7% 6% 6% 4% 4% 4% 3% 0.06% 2
AUSTRIA WAS THE 23rd LARGEST EXPORT DESTINATION WITHIN THE EU IN 2018 Portugal 2% Denmark 2% Austria 0% Others 7% Poland 3% United Kingdom 22% France 6% The EU is Pakistan s largest export market representing 34% of exports Belgium 8% Germany 16% Austria accounted for 0.19% of total EU exports from Pakistan in 2018. Italy 10% Netherlands 12% Spain 12% 3
AUSTRIA RANKS NO. 38 IN PAKISTANS IMPORT SOURCES RANK COUNTRY World China United Arab Emirates IMPORT VALUE (US$) 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 1,430,727,000 185,693,000 % SHARE IN TOTAL EXPORTS 1 2 24% 14% 3 4 5 6 7 8 9 38 Saudi Arabia United States of America Indonesia Qatar Japan India Thailand Austria 5% 5% 4% 4% 4% 3% 2% 0.3% 4
WITHIN THE EU, AUSTRIA WAS THE NINTH HIGHEST EXPORTER TO PAKISTAN IN 2018 Finland 3% Denmark 2% EU is Pakistan s 3rd largest import partner after China and UAE. other 8% Austria 3% Germany 24% Spain 4% Imports from the EU stood at $5.46 billion in 2018. Sweden 5% Belgium 6% United Kingdom 16% Austria accounts for 3.4% of Pakistan s imports from the EU and 0.3% of total imports from the world. France 8% Netherlands 10% Italy 11% 5
PAKISTAN AUSTRIA TRADETRENDS 250 Bilateral trade increased from US$ 137 mn in 2014 to US$ 201 bn in 2018 i.e. by 47% in five years 186 200 156 144 133 150 117 100 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. USD Millions 50 20 16 15 14 13 00 2014 2015 2016 2017 2018 -50 -97 -100 -117 The trade balance in 2018 is down to c.$171 mn in Austria s favor. -131 -141 -150 -171 -200 Year Exports to Austria Imports from Austria Trade Balance 6
PAKISTANS TOP 10 EXPORTS TO AUSTRIA Export Value 2016 US$ Export Value 2017 US$ Export Value 2018 US$ HS CODE 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, ... 570110 1,999,000 1,468,000 2,126,000 411310 1,744,000 1,482,000 1,408,000 411390 1,314,000 1,334,000 1,322,000 901890 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 ... 1,043,000 990,000 785,000 420310 716,000 784,000 692,000 620342 451,000 409,000 591,000 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 ... 420329 296,000 507,000 589,000 610590 133,000 450,000 539,000 620339 433,000 429,000 537,000 840790 - - 381,000 7
PAKISTANS TOP 10 IMPORTS FROM AUSTRIA IMPORT VALUE 2016 (US$) IMPORT VALUE 2017 (US$) IMPORT VALUE 2018 (US$) HS CODE DESCRIPTION Artificial staple fibres, not carded, combed or otherwise processed for spinning (excluding ... 550490 30,089,000 42,557,000 53,000,000 850220 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 self-propelled, e.g., workshops, ... 4,326,000 18,708,000 20,361,000 300490 1,534,000 2,211,000 13,977,000 850239 405,000 390,000 12,990,000 860400 5,346,000 1,291,000 7,315,000 550410 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 ... 2,244,000 3,421,000 3,997,000 220210 3,187,000 3,630,000 3,301,000 844319 862,000 1,137,000 3,142,000 847720 Extruders for working rubber or plastics Tropical wood specified in Subheading Note 1 to this chapter, sawn or chipped lengthwise, sliced ... - 619,000 2,966,000 440729 3,240,000 3,923,000 2,721,000 8
TRADE COMPLIMENTARITY* 56.8 56.47 60 54.03 51.89 49.39 50 40 30 26.38 26.26 24.61 24.57 23.71 20 10 0 2014 2015 2016 2017 2018 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
Pakistans Theoretical Potential* for Additional Exports to the Austria, 2017 Top 10 Potential Products (HS 06). Aggregate Theoretical Potential $2 Bn ACTUAL EXPORTS IN 2018 (US$) POTENTIAL EXPORTS IN 2018 (US$) HS CODE DESCRIPTION 901890 Instruments and appliances used in medical, surgical or veterinary sciences, n.e.s. 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 97,000 242,606,000 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) 26,000 157,237,000 390761 Poly"ethylene terephthalate", in primary forms, having a viscosity number of >= 78 ml/g - 131,665,000 611595 Full-length or knee-length stockings, socks and other hosiery, incl. footwear without applied ... - 103,068,000 620462 Women's or girls' trousers, bib and brace overalls, breeches and shorts of cotton (excluding ... 32,000 100,275,000 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 610510 58,000 90,539,000 10
Pakistans Theoretical Potential* for Additional Imports from Austria, 2017 Top 10 Potential Products (HS 06). Aggregate theoretical potential is $7.5 BN ACTUAL IMPORTS IN 2018 (US$) POTENTIAL IMPORTS IN 2018 (US$) HS CODE 271111 Natural gas, liquefied - 3,295,892,000 851712 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. ... 5,000 833,069,000 271012 - 688,370,000 271019 Medium oils and preparations, of petroleum or bituminous minerals, not containing biodiesel, ... - 615,395,000 890800 Vessels and other floating structures for breaking up Medicaments consisting of mixed or unmixed products for therapeutic or prophylactic purposes, ... - 515,542,000 300490 13,977,000 418,819,000 390210 Polypropylene, in primary forms 1,000 327,245,000 720449 Waste and scrap of iron or steel (excluding slag, scale and other waste of the production of ... 169,000 310,585,000 390120 Polyethylene with a specific gravity of >= 0,94, in primary forms - 298,870,000 Data-processing machines, automatic, portable, weighing <= 10 kg, consisting of at least a ... *Theoretical potential from switching imports from existing sources to Austria exporters, ignoring competitiveness and tariffs 847130 2,000 286,171,000 11
