Pakistan’s Trade with the EU & its Member States

This Report titled “Pakistan’s Trade with the EU & its Member States” is part of the PBC’s Market Access Series 2020 – 21.  This Report graphically shows Pakistan’s trade with the European Union (EU) as a single entity and bilateral trade with the 28 – Member states of the EU[1].In addition to bilateral trade, the potential for trade between Pakistan and the EU and for Pakistan and the individual members of the EU is also calculated

Since January 2014, Pakistan enjoys GSP+ status for its exports to the EU, this program however ends In December 2023. The GSP+ program grants full removal of tariffs on a majority of EU tariff lines which has helped improve bilateral trade between Pakistan and member countries of the EU.

Pakistan's Trade Trends with EU

With exports amounting to $8.2 billion in 2019, the EU was Pakistan’s largest export destination. Similarly, with imports amounting to $5.9 billion, the EU was Pakistan’s third largest import source in 2019. The country’s high potential exports to the bloc include Agricultural Goods such as Rice and Sugar and Textile Products such as Bedlinen and Toilet linen. Meanwhile high potential imports from the bloc mostly include Machinery and Metals.

The Pakistan Business Council is a research-based business advocacy body composed of the most significant local and foreign investors with long-term commitment to Pakistan. The PBC pursues advocacy free of sectoral and investor origin biases, “Make-in-Pakistan” is PBC’s primary thrust aimed at creating jobs, value-added exports and encouraging import substitution. More information on the PBC and its areas of research are available on our website:


[1] As of December 31st, 2019, the UK was a part of the EU.