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2022
Flag → Flag
Exports $665MRnk 77 / 221
2022
Flag → Flag
Top Product $38.5MPackaged Medicaments
2022
Flag → Flag
Exports $1.31BRnk 8 / 199
2022
Flag → Flag
Top Product $224MHouse Linens
2022
Flag
Economic Complexity (ECI) ECI 1.29Rnk 17 / 133
2022
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Economic Complexity (ECI) ECI -0.45Rnk 84 / 133
2022
Flag  
GDP$2.01TCURRENT US$
Rnk 10 / 186
2012-2022
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GDP GROWTH-3.67%CURRENT US$
Rnk 169 / 186
2022
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 GDP$377BCURRENT US$
Rnk 41 / 186
2012-2022
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GDP GROWTH67.8%CURRENT US$
Rnk 31 / 186
2022
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GDP PC $34,158CURRENT US$
Rnk 30 / 186
2012-2022
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GDP PC GROWTH-2.55%CURRENT US$
Rnk 148 / 186
2022
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GDP PC$1,597CURRENT US$
Rnk 155 / 186
2012-2022
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GDP PC GROWTH43.9%CURRENT US$
Rnk 43 / 186

About

Italy-Pakistan Trade: In 2022, Italy exported $665M to Pakistan. The main products that Italy exported to Pakistan were Packaged Medicaments ($38.5M), Textile Processing Machines ($37.8M), and Textile Fiber Machinery ($37M). Over the past 5 years the exports of Italy to Pakistan have decreased at an annualized rate of 4.54%, from $839M in 2017 to $665M in 2022.

In 2022, Italy did not export any services to Pakistan.

Pakistan-Italy Trade: In 2022, Pakistan exported $1.31B to Italy. The main products that Pakistan exported to Italy were House Linens ($224M), Light Pure Woven Cotton ($111M), and Non-Knit Men's Suits ($107M). Over the past 5 years the exports of Pakistan to Italy have increased at an annualized rate of 11.5%,  from $763M in 2017 to $1.31B in 2022.

In 2022, Pakistan did not export any services to Italy.

Comparison: In 2022,  Italy ranked 17 in the Economic Complexity Index (ECI 1.29), and 7 in total exports ($634B). That same year, Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B).

Latest Trends

August, 2024

About

Overview In August 2024, Italy exported €19M and imported €73M from Pakistan, resulting in a negative trade balance of €54M. Between August 2023 and August 2024 the exports of Italy have increased by €14.5M (320%) from €4.52M to €19M, while imports increased by €4.02M (5.82%) from €69M to €73M.

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (August 2023 - August 2024)€14.5M(320%)
IMPORT GROWTH (August 2023 - August 2024)€4.02M(5.82%)

This section shows exports and imports data at subnational level for Italy. Click any date in the line plot or any product to explore the exports or imports behavior of Italy over time.

To check Pakistan and Italy trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Pakistan and Italy Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Italy exported $665M to Pakistan. The main products exported from Italy to Pakistan were Packaged Medicaments ($38.5M), Textile Processing Machines ($37.8M), and Textile Fiber Machinery ($37M). During the last 5 years the exports of Italy to Pakistan have decreased at an annualized rate of 4.54%, from $839M in 2017 to $665M in 2022.

In 2017, Pakistan exported $1.31B to Italy. The main products exported from Pakistan to Italy were House Linens ($224M), Light Pure Woven Cotton ($111M), and Non-Knit Men's Suits ($107M). During the last 5 years the exports of Pakistan to Italy have increased at an annualized rate of 11.5%, from $763M in 2022 to $1.31B in 2017.

Exports from Italy (Flag) to Pakistan (Flag) (2022)

Exports from Pakistan (Flag) to Italy (Flag) (2022)

Market Competitiveness

Color
Italy
Top DestinationGermany$78.5B
Pakistan
Top DestinationUnited States$6.47B

This map shows whether countries import more from Italy or Pakistan. Each country is colored based on the difference in imports they receive from Italy and Pakistan or the difference in the growth in imports.

In 2022, countries that imported more from Italy than Pakistan included Germany ($78.5B), France ($63.8B), and United States ($68.2B).

In 2022, countries that imported more from Pakistan than Italy included Afghanistan ($975M), Sri Lanka ($417M), and Bangladesh ($839M).

Difference in imports from Pakistan (Flag) and Italy (Flag) (2022)

Comparative Advantage Italy - Pakistan

Flow
Scale

This chart compares trade between Italy and Pakistan by product, considering products traded by both, Italy and Pakistan.

During 2022, Italy had a large net trade with Pakistan in the exports of Machines ($355M), Chemical Products ($113M), and Metals ($51.3M).

During 2017, Pakistan had a large net trade with Italy in the exports of Textiles ($868M), Foodstuffs ($115M), and Vegetable Products ($88.3M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Italy Pakistan+$35.5MPackaged Medicaments
Top Product Potential Pakistan Italy+$49MNon-Knit Men's Suits

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Italy and Pakistan. This means that a dot/product with the flag of Italy indicates it has a comparative advantage over Pakistan. Similarly, a dot/product with the flag of Pakistan indicates it has a comparative advantage over Italy.

Product Space of Italy (Flag) and Pakistan (Flag) (2022)

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