Pakistan’s exports to Europe have stagnated in the first nine months of 2025-26 despite maintaining access to the European Union’s Generalised Scheme of Preferences Plus (GSP+). According to a report in the local media, the country’s exports to western Europe declined by 3.14% to $3.30 billion, and shipments to northern Europe also fell by 0.85% to $557.31 million during this period.
The report highlights specific export declines, such as Pakistan’s exports to Germany falling by 2.97% to $1.24 billion, to the Netherlands by 1.78% to $1.1 billion, to France by 2.62% to $411.89 million, and to Belgium by 4.73% to $402.86 million in the first nine months of FY26. Despite this, Pakistan’s overall exports to European markets saw limited growth, reaching $6.86 billion, up 0.94% from the previous year.
The stagnation in exports reflects a slowdown in demand across key western and northern European markets, as noted in the article. On the other hand, exports to southern Europe increased by 6.47% to $2.43 billion, and exports to eastern Europe rose by 5.06% to $566.92 million compared to the same period last year. Notably, exports to Spain grew by 7.44% to $1.18 billion, while shipments to Italy increased by 4.26% to $880.13 million, with a decline in exports to Greece by 8.44% to $98.16 million.
Exports to the United Kingdom remained relatively stable, showing a slight decrease of 0.23% to $1.62 billion in 9MFY26 compared to the previous year. In the preceding fiscal year, Pakistan’s exports to the European Union had increased by 7.44% to $8.86 billion, but in FY24, exports had declined by 3.12% despite GSP+ access, according to the report.
