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2022
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Exports $665MRnk 77 / 221
2022
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Top Product $38.5MPackaged Medicaments
2022
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Exports $1.31BRnk 8 / 199
2022
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Top Product $224MHouse Linens
2022
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Economic Complexity (ECI) ECI 1.24Rnk 18 / 124
2022
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Economic Complexity (ECI) ECI -0.54Rnk 85 / 124
2022
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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 In 2022, Italy exported $665M to Pakistan. The main products that Italy exported to Pakistan are Packaged Medicaments ($38.5M), Textile Processing Machines ($37.8M), and Textile Fiber Machinery ($37M). During the last 27 years the exports of Italy to Pakistan have increased at an annualized rate of 1.25%, from $475M in 1995 to $665M in 2022.

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

Pakistan-Italy 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). During the last 27 years the exports of Pakistan to Italy have increased at an annualized rate of 6.18%, from $260M in 1995 to $1.31B in 2022.

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

Comparison In 2022,  Italy ranked 18 in the Economic Complexity Index (ECI 1.24), and 7 in total exports ($634B). That same year, Pakistan ranked 85 in the Economic Complexity Index (ECI -0.54), and 66 in total exports ($38.6B).

Latest Trends

December, 2023

About

Overview In December 2023, Italy exported €22.1M and imported €49.1M from Pakistan, resulting in a negative trade balance of €26.9M. Between December 2022 and December 2023 the exports of Italy have decreased by €-6.3M (-22.2%) from €28.4M to €22.1M, while imports decreased by €-25M (-33.8%) from €74.1M to €49.1M.

Trade In December 2023, the top exports of Italy to Pakistan were Packaged Medicaments (€3.14M), Textile Processing Machines (€2.97M), Other Sugars (€1.01M), Antibiotics (€368k), and Vaccines, blood, antisera, toxins and cultures (€220k). In December 2023 the top imports of Italy from Pakistan were House Linens (€18.2M), Rice (€12.3M), Non-Knit Men's Suits (€11.1M), Light Pure Woven Cotton (€6.82M), and Alcohol > 80% ABV (€4.27M).

Growth In December 2023, the decrease in Italy's year-by-year exports to Pakistan was explained primarily by an decrease in product exports in . In December 2023, the decrease in Italy's year-by-year imports  from Pakistan was explained primarily by an decrease in product imports  in Non-Retail Pure Cotton Yarn (€-1.78M or -48.3%), Alcohol > 80% ABV (€-1.18M or -21.7%), and Used Clothing (€-543k or -44.4%).

Latest Trade

Flow
Time Scale
Depth
Value
EXPORT GROWTH (December 2022 - December 2023)€-6.3M(-22.2%)
IMPORT GROWTH (December 2022 - December 2023)€-25M(-33.8%)

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.

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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 27 years the exports of Italy to Pakistan have increased at an annualized rate of 1.25%, from $475M in 1995 to $665M in 2022.

In 2022, 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 27 years the exports of Pakistan to Italy have increased at an annualized rate of 6.18%, from $260M in 1995 to $1.31B in 2022.

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 2021, countries that imported more from Italy than Pakistan were Germany ($78.5B), France ($63.8B), and United States ($68.2B).

In 2021, countries that imported more from Pakistan than Italy were 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 2022, Pakistan had a large net trade with Italy in the exports of Textiles ($868M), Foodstuffs ($115M), and Vegetable Products ($88.3M).

Economic Complexity

Competitive Landscape

This visualization show the product space at the HS4 level colored from blue to yellow.  This mean that the more blue a dot/product is, the more Italy has comparative advantage over Pakistan. Similarly, the more yellow a dot/product is, the more Pakistan has comparative advantage over Italy.

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

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