Refined Petroleum in Pakistan

EXPORTS (2018): $484M, World Rnk 75 / 198
Flag Rnk 12 / 1045

TOP DESTINATION (2018): $165M, Afghanistan

FASTEST GROWING MARKET (2017 - 2018): $71.6M, Afghanistan

IMPORTS (2018): $5.76B, World Rnk 30 / 221
Flag Rnk 1 / 1177

TOP ORIGIN (2018): $3.49B, United Arab Emirates

FASTEST GROWING ORIGIN (2017 - 2018): $71M, Chinese Taipei

ECONOMIC COMPLEXITY of Pakistan (2018): -0.73, Rnk 104 / 137

PRODUCT COMPLEXITY  IN Refined Petroleum (2018): -0.97, Rnk 812 / 1018

Overview: This page contains the latest trade data of Refined Petroleum in Pakistan.

Exports: In 2018, Pakistan exported $484M in Refined Petroleum, making it the 75th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 12th most exported product in Pakistan. The main destination of Refined Petroleum exports from Pakistan are: Afghanistan ($165M), South Korea ($78.8M), India ($68.7M), Chinese Taipei ($42.6M), and Japan ($36.7M).

The fastest growing export markets for Refined Petroleum of Pakistan between 2017 and 2018 were Afghanistan ($71.6M), Chinese Taipei ($42.6M), and Madagascar ($13.5M).

Imports: In 2018, Pakistan imported $5.76B in Refined Petroleum, becoming the 30th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Pakistan. Pakistan imports Refined Petroleum primarily from: United Arab Emirates ($3.49B), Kuwait ($1.01B), Oman ($365M), Singapore ($209M), and Saudi Arabia ($110M).

The fastest growing import markets in Refined Petroleum for Pakistan between 2017 and 2018 were Chinese Taipei ($71M), China ($70M), and Singapore ($60M).

Tariffs: In 2018, the average tariff for Pakistan in Refined Petroleum was 11%. The countries with the highest import tariffs for Refined Petroleum were Malaysia (11.2%), Angola (11.2%), Burundi (11.2%), Benin (11.2%), and Burkina Faso (11.2%).

Value

EXPORTS (2018): $484M

IMPORTS (2018): $5.76B

NET TRADE (2018): -$5.27B

In 2018, Pakistan exported $484M in Refined Petroleum. The main destinations of Pakistan exports on Refined Petroleum were Afghanistan ($165M), South Korea ($78.8M), India ($68.7M), Chinese Taipei ($42.6M), and Japan ($36.7M).

In 2018, Pakistan imported $5.76B in Refined Petroleum, mainly from United Arab Emirates ($3.49B), Kuwait ($1.01B), Oman ($365M), Singapore ($209M), and Saudi Arabia ($110M).

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IN 2018, Pakistan HAD A POSITIVE NET TRADE IN Refined Petroleum WITH:

  • Afghanistan, $165M ($165M - $15.4k)
  • India, $52.1M ($68.7M - $16.6M)
  • Japan, $34.2M ($36.7M - $2.45M)

IN 2018, Pakistan HAD A NEGATIVE NET TRADE IN Refined Petroleum WITH:

  • United Arab Emirates, -$3.49B ($2.43M - $3.49B)
  • Kuwait, -$1.01B ($0 - $1.01B)
  • Oman, -$354M ($11.5M - $365M)
Flow

THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Pakistan WERE (2017 - 2018):

THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Pakistan WERE (2017 - 2018):

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Market Concentration

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Flow
Type

In 2018, Pakistan's main exporting competitors in Refined Petroleum were:

In 2018, Pakistan's main importing competitors in Refined Petroleum were:

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Trade Forecasts

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Time

This section shows forecasts for total exports and imports, for Refined Petroleum in Pakistan. The forecast is based on a short-term, medium-term and long-term model using yearly trade data.

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Tariffs by Country

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In 2018, the average tariff for Pakistan in Refined Petroleum was 11%.

The countries with the highest tariffs for Refined Petroleum in Pakistan were Malaysia (11.2%), Angola (11.2%), Burundi (11.2%), Benin (11.2%), and Burkina Faso (11.2%).

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