Pakistan German Trade ties are very solid and there is great potential to enhance them. There are many opportunities in the economic field and there is a lot of potential between the two friendly countries which can be further developed. We hope that with the improvement in security situation in Pakistan especially in the perspective of Pakistan’s winning war against terrorism and with the development of CPEC opportunities are now multiplied many times
Areas where there are bilateral investment opportunities exist:
Ø Energy
Ø Automobile
Ø Education specially Engineering and Technical Education
Ø Vocational Institutes Memon Institute Korangi and German Technical Institutes can join hands
Ø Transfer of high-tech expertise
Ø Textiles
About Germany
Germany is a country in central and western Europe lying between the Baltic and North seas to the North and the Alps Lake Constance and High Rhine to the South. It borders with Denmark to the north, Poland and the Czech Republic to the east, Australia and Switzerland to the south, France to the South West, The Luxembourg, Belgium and Netherland to the west.
Germany includes 16 constituents states, covers an area of 375,386 sq kilometers. With 84 million people, it is the second most populous state of Europe after Russia. Germany is a very decentralized country. Its capital and largest metropolis is Berlin, while Frankfurt serves as its financial capital and has the country’s busiest airport. Germany has a network of 227 diplomatic missions abroad and maintains relations with more than 190 countries.
Germany is the largest contributor to the budget of European Union with 20% and the third largest contributor to UN with 8%. It is an active member of NATO, The OECD, The G8, G20, The World Bank, and IMF.
Economy of Germany
Germany has a social market economy with highly skilled labour force, a large capital stock, a low level of corruption, and a high level of innovation. It is European Union’s largest exporter of goods, and the largest national economy in Europe and also the world’s fourth largest nominal GDP and fifth one by PPP. Service sector contributes 68.6% , Industry 30.7% , Agriculture 0.7%.
It introduced single European currency in 2002. It is a member of Eurozone which represents around 340 million people.
Being home to modern car, the automotive industry in Germany is regarded as one of the most competitive and innovative in the world and is the 4th largest by production. The top 10 exports of Germany are vehicles, machinery, chemical goods, electronic products, electrical equipment, basic metals, food products and rubber and plastics. Germany is global leader in science and technology. The Noble Prize has been awarded to 108 German laureates. It produces the second highest number of graduates in science and engineering (31%) after South Korea. Germany has been the home of many famous inventors and engineers including Hans Geiger, the Creator of Geiger counter, and Konard Zue, who built the first fully automatic digital computer.
Germany is the 7th most visited country in the world. Around 30 million tourists visit Germany every year. According to OECD report, Germany is the 3rd leading destination for international students.
GDP(Nominal) : $ 4,400 billion
GDP(PPP) : $ 5,500 billion
GDP Per capita (PPP) : $66,000
GDP Per Capital (Nominal) : $52,900
Germany is among the world’s largest and most technological advanced producers of iron steel, coal, cement, chemicals, machinery, automobiles, beverage, textiles etc.
Export (2022) : $ 1,620 billion
Export partners : EU 53.6%, France 7.5%,
: Netherlands 6.4% , Italy
5.6%, Poland 5.3%
Export Commodities : Motor vehicles, machinery,
Chemicals, computers,
Pharmaceuticals
Imports (2022) : $ 1,170 billion
Import partners : UE 58.6%, Netherland 8.6%,
Poland 6.6 France 5.5%
Import commodities : machinery, data processing
equipment, vehicles, chemicals
Trade with Pakistan
US$ Billion
Year Exports Imports Total trade Balance of Trade Total exports of Pakistan % share in exports Total import od Pakistan % share in import
2014 1.696 1.076 2.773 0.620 25.11 6.8 45.073 2.39
2015 1.599 1.134 2.733 0.465 23.667 6.8 45.826 2.48
2016 1.679 1.294 2.973 0.345 20.786 8.1 44.684 2.90
2017 1.896 1.365 3.261 0.531 20.422 9.3 52.910 2.58
2018 2.00 1.541 3.542 0.460 23.222 8.6 60.867 2.53
2019 2.01 1.248 3.263 0.767 23.82 8.5 50.511 2.5
2020 2.124 1.209 3.337 0.914 22.237 9.6 45.775 2.6
2021 2.541 1.568 4.109 0.973 28.88 8.9 73.107 2.2
Source TDAP, PBS,