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2023
Flag → Flag
Exports $9.97MRnk 120 / 205
2023
Flag → Flag
Top Product $9.1MOther Construction Vehicles
2023
Flag → Flag
Exports $943MRnk 4 / 130
2023
Flag → Flag
Top Product $442MPetroleum Gas
2023
Flag
Economic Complexity (ECI) ECI -0.55Rnk 89 / 132
2023
Flag
Economic Complexity (ECI) ECI 0.084Rnk 58 / 132
2023
Flag  
GDP$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH30.6%CURRENT US$
Rnk 113 / 195
2023
Flag
 GDP$405BCURRENT US$
Rnk 36 / 195
2013-2023
Flag
GDP GROWTH-19.1%CURRENT US$
Rnk 189 / 195
2023
Flag
GDP PC $1,365CURRENT US$
Rnk 170 / 195
2013-2023
Flag
GDP PC GROWTH11.4%CURRENT US$
Rnk 130 / 195
2023
Flag
GDP PC$4,466CURRENT US$
Rnk 125 / 196
2013-2023
Flag
GDP PC GROWTH-28.2%CURRENT US$
Rnk 186 / 195

About

Pakistan-Iran Trade: In 2023, Pakistan exported $9.97M to Iran. The main products that Pakistan exported to Iran were Other Construction Vehicles ($9.1M), Excavation Machinery ($518k), and Trailers and semi-trailers, not mechanically propelled vehicles ($231k). Over the past 5 years the exports of Pakistan to Iran have decreased at an annualized rate of 49.5%, from $303M in 2018 to $9.97M in 2023.

In 2023, Pakistan did not export any services to Iran.

Iran-Pakistan Trade: In 2023, Iran exported $943M to Pakistan. The main products that Iran exported to Pakistan were Petroleum Gas ($442M), Refined Petroleum ($122M), and Dried Legumes ($51M). Over the past 5 years the exports of Iran to Pakistan have increased at an annualized rate of 0.63%,  from $914M in 2018 to $943M in 2023.

In 2023, Iran did not export any services to Pakistan.

Comparison: In 2023,  Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B). That same year, Iran ranked 58 in the Economic Complexity Index (ECI 0.084), and 92 in total exports ($13.2B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Pakistan exported $9.97M to Iran. The main products exported from Pakistan to Iran were Other Construction Vehicles ($9.1M), Excavation Machinery ($518k), and Trailers and semi-trailers, not mechanically propelled vehicles ($231k). During the last 5 years the exports of Pakistan to Iran have decreased at an annualized rate of 49.5%, from $303M in 2018 to $9.97M in 2023.

In 2018, Iran exported $943M to Pakistan. The main products exported from Iran to Pakistan were Petroleum Gas ($442M), Refined Petroleum ($122M), and Dried Legumes ($51M). During the last 5 years the exports of Iran to Pakistan have increased at an annualized rate of 0.63%, from $914M in 2023 to $943M in 2018.

Exports from Pakistan (Flag) to Iran (Flag) (2023)

Exports from Iran (Flag) to Pakistan (Flag) (2023)

Latest Data

Trade between Pakistan (Flag) and Iran (Flag)

Pakistan Exports

Market Competitiveness

Color
Pakistan
Top DestinationUnited States$5.18B
Iran
Top DestinationChina$4.59B

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

In 2023, countries that imported more from Pakistan than Iran included United States ($5.18B), United Arab Emirates ($3.7B), and United Kingdom ($2.28B).

In 2023, countries that imported more from Iran than Pakistan included Turkey ($2.18B), China ($4.59B), and India ($1.02B).

Difference in imports from Iran (Flag) and Pakistan (Flag) (2023)

Comparative Advantage Pakistan - Iran

Flow
Scale

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

During 2023, Pakistan had a large net trade with Iran in the exports of Machines ($9.7M), Transportation ($231k), and Instruments ($44.2k).

During 2018, Iran had a large net trade with Pakistan in the exports of Mineral Products ($661M), Vegetable Products ($95.2M), and Metals ($80.9M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Pakistan Iran+$124kMedical Instruments
Top Product Potential Iran Pakistan+$29.3MRefined Petroleum

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 Pakistan and Iran. This means that a dot/product with the flag of Pakistan indicates it has a comparative advantage over Iran. Similarly, a dot/product with the flag of Iran indicates it has a comparative advantage over Pakistan.

Product Space of Pakistan (Flag) and Iran (Flag) (2023)

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