Pakistan leads EU GSP+ trade
Analysis based on 14 articles · First reported Jul 16, 2026 · Last updated Jul 16, 2026
The report reinforces Pakistan's trade competitiveness by confirming continued preferential access to the EU market, supporting key export sectors. However, the need for sustained reforms introduces uncertainty about future access under the 2027 framework.
The International — European Commission released its latest GSP+ monitoring report, confirming Pakistan as the largest beneficiary of the EU's preferential trade scheme. In 2024, Pakistan exported €7.115 billion worth of goods under GSP+ out of €7.482 billion eligible, achieving a 95.1% utilisation rate and securing €732 million in tariff exemptions. The EU accounted for 28% of Pakistan's total exports. The report acknowledged Pakistan's progress in implementing 27 international conventions on human rights, labour, environment, and governance, including ratification of the ILO forced labour protocol, upgrade to CITES Category 1, and A-status accreditation of the National Commission for Human Rights. However, the EU stressed that continued reforms are essential for Pakistan to retain benefits under the revised GSP framework starting in 2027. The EU also committed €400 million in development funding for 2021-2027.
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