The EFTA States Iceland, Liechtenstein, Norway and Switzerland signed a Joint Declaration on Cooperation with Pakistan in Geneva, Switzerland, on 12 November 2012
The value of EFTA-Pakistan merchandise trade (imports plus exports) amounted to USD 517 million in 2011. The EFTA States exported goods to Pakistan worth USD 334 million, while imports reached USD 183 million. Imports from Pakistan consisted mainly of textiles and apparel articles. Top exports from the EFTA States included pharmaceutical products, machinery and watches. Trade has more than doubled over the past decade.