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Pricing

2022
Flag → Flag
Exports $22.3kRnk 193 / 199
2022
Flag → Flag
Top Product $10.6kIron Pipes
2022
Flag → Flag
Exports $762MRnk 4 / 127
2022
Flag → Flag
Top Product $478MPetroleum Gas
2022
Flag
Economic Complexity (ECI) ECI -0.45Rnk 84 / 133
2022
Flag
Economic Complexity (ECI) ECI 0.072Rnk 60 / 133
2022
Flag  
GDP$377BCURRENT US$
Rnk 41 / 186
2012-2022
Flag
GDP GROWTH67.8%CURRENT US$
Rnk 31 / 186
2022
Flag
 GDP$389BCURRENT US$
Rnk 40 / 186
2012-2022
Flag
GDP GROWTH-39.7%CURRENT US$
Rnk 183 / 186
2022
Flag
GDP PC $1,597CURRENT US$
Rnk 155 / 186
2012-2022
Flag
GDP PC GROWTH43.9%CURRENT US$
Rnk 43 / 186
2022
Flag
GDP PC$4,388CURRENT US$
Rnk 116 / 186
2012-2022
Flag
GDP PC GROWTH-47.3%CURRENT US$
Rnk 183 / 186

About

Pakistan-Iran Trade: In 2022, Pakistan exported $22.3k to Iran. The main products that Pakistan exported to Iran were Iron Pipes ($10.6k), Medical Instruments ($7.94k), and Utility Meters ($3.75k). Over the past 5 years the exports of Pakistan to Iran have decreased at an annualized rate of 83.1%, from $162M in 2017 to $22.3k in 2022.

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

Iran-Pakistan Trade: In 2022, Iran exported $762M to Pakistan. The main products that Iran exported to Pakistan were Petroleum Gas ($478M), Electricity ($48.5M), and Petroleum Coke ($43.6M). Over the past 5 years the exports of Iran to Pakistan have decreased at an annualized rate of 2.12%,  from $848M in 2017 to $762M in 2022.

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

Comparison: In 2022,  Pakistan ranked 84 in the Economic Complexity Index (ECI -0.45), and 66 in total exports ($38.6B). That same year, Iran ranked 60 in the Economic Complexity Index (ECI 0.072), and 86 in total exports ($15.9B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Pakistan exported $22.3k to Iran. The main products exported from Pakistan to Iran were Iron Pipes ($10.6k), Medical Instruments ($7.94k), and Utility Meters ($3.75k). During the last 5 years the exports of Pakistan to Iran have decreased at an annualized rate of 83.1%, from $162M in 2017 to $22.3k in 2022.

In 2017, Iran exported $762M to Pakistan. The main products exported from Iran to Pakistan were Petroleum Gas ($478M), Electricity ($48.5M), and Petroleum Coke ($43.6M). During the last 5 years the exports of Iran to Pakistan have decreased at an annualized rate of 2.12%, from $848M in 2022 to $762M in 2017.

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

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

Latest Data

Trade between Pakistan (Flag) and Iran (Flag)

Pakistan Exports

Market Competitiveness

Color
Pakistan
Top DestinationUnited States$6.47B
Iran
Top DestinationChina$5.72B

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 2022, countries that imported more from Pakistan than Iran included United States ($6.47B), Germany ($2.8B), and United Kingdom ($2.41B).

In 2022, countries that imported more from Iran than Pakistan included China ($5.72B), Turkey ($3.17B), and India ($653M).

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

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 2022, Pakistan had a large net trade with Iran in the exports of Instruments ($11.7k), Metals ($10.6k), and Miscellaneous ($88).

During 2017, Iran had a large net trade with Pakistan in the exports of Mineral Products ($618M), Vegetable Products ($61.9M), and Metals ($40.3M).

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) (2022)

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