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Trade and economic cooperation between Ukraine and the Islamic Republic of Pakistan
06 May 2020 14:00

Trade, economic and investment cooperation

Pakistan is an important economic partner of Ukraine in the South Asian region. In 2021, Pakistan ranked 27th among Ukraine's trading partners in the world in terms of exports, and in the Asia-Pacific region - 5.

In 2021, the total volume of trade in goods and services between Ukraine and Pakistan amounted to 757.179 million USD, which is 82.2% higher than in 2020.

In 2021, bilateral trade in goods reached 751.218 million USD (+ 82.4%), including Ukrainian exports 658.373 million USD (+ 98.8%), Pakistani imports 92.845 million USD (+ 14.2%), the positive trade balance for Ukraine amounted to 565.528 million USD.

According to the State Customs Service of Ukraine, in 2022 the volume of bilateral trade amounted to 181.73 million USD, which decreased by 73.7% the 2021 figure.

Ukrainian exports to Pakistan amounted to 126.27 million USD, which is 79.1% less than in the corresponding period of 2021. The import of Pakistani goods to Ukraine decreased by 63.4% and amounted to 55.46 million USD. 

In 2022, exports of services from Ukraine to Pakistan reached 11.1 million USD. (+250%). Imports of services from Pakistan amounted to 1.2 million USD (-19.4%). The positive balance for Ukraine amounted to 9.9 million USD. The volume of trade in services reached 12.3 million USD (+200%).

Ukrainian-Pakistani trade is traditionally characterized by a positive balance for Ukraine (+70.81 million USD).


2015

2016

2017

2018

2019

2020

2021

2022

Export

111,023

114,289

164,433

130,831

62,977

331,096

658,373

126,27

Imports

61,324

47,648

56,693

64,123

77,703

80,717

92,845

55,46

Amount

172,347

161,937

221,126

194,954

140,680

411,814

751,218

181,73

Balance

49,700

66,641

107,741

66,708

-14,726

250,379

565,528

70,81

 

In July 2012, an intergovernmental agreement on establishment of Joint Ukrainian-Pakistani Commission on Economic Cooperation was signed.

There is no investment activity between Ukraine and Pakistan as of June 2023.

Exporters and Investors Council under the Ministry of foreign affairs of Ukraine

About Ukraine

International platform for Ukrainian exporters NAZOVNI


Invest in Ukraine

UkraineInvest

National Investment Council of Ukraine

State support of investment projects with significant investments in Ukraine


Useful links

State Property Fund of Ukraine

State Service for Geology and Subsoil of Ukraine

Public tenders

State Statistic Service of Ukraine

Legislation of Ukraine


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