2022
Exports
$2.44MWorld Rnk 64 / 206
Flag Rnk 366 / 1124
2022
PRODUCT COMPLEXITY IN Bi-Wheel Vehicle Parts
0.9Rnk 210 / 1025
2022
Imports
$72.5MWorld Rnk 59 / 220
Flag Rnk 154 / 1187
2022
ECONOMIC COMPLEXITY of Pakistan
-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $2.44M in Bi-Wheel Vehicle Parts, making it the 64th largest exporter of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 366th most exported product in Pakistan. The main destination of Bi-Wheel Vehicle Parts exports from Pakistan are: United States ($665k), Germany ($552k), Afghanistan ($473k), Philippines ($152k), and Bangladesh ($87.4k).

The fastest growing export markets for Bi-Wheel Vehicle Parts of Pakistan between 2021 and 2022 were Afghanistan ($299k), United States ($289k), and Germany ($203k).

Imports In 2022, Pakistan imported $72.5M in Bi-Wheel Vehicle Parts, becoming the 59th largest importer of Bi-Wheel Vehicle Parts in the world. At the same year, Bi-Wheel Vehicle Parts was the 154th most imported product in Pakistan. Pakistan imports Bi-Wheel Vehicle Parts primarily from: China ($62.6M), Japan ($4.12M), Thailand ($2.08M), United Arab Emirates ($1.09M), and Singapore ($921k).

The fastest growing import markets in Bi-Wheel Vehicle Parts for Pakistan between 2021 and 2022 were Singapore ($734k), Philippines ($6.83k), and Belgium ($3.09k).

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Bi-Wheel Vehicle Parts. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.44M
IMPORTS (2022)$72.5M
NET TRADE (2022)-$70M

In 2022, Pakistan exported $2.44M in Bi-Wheel Vehicle Parts. The main destinations of Pakistan exports on Bi-Wheel Vehicle Parts were United States ($665k), Germany ($552k), Afghanistan ($473k), Philippines ($152k), and Bangladesh ($87.4k).

In 2022, Pakistan imported $72.5M in Bi-Wheel Vehicle Parts, mainly from China ($62.6M), Japan ($4.12M), Thailand ($2.08M), United Arab Emirates ($1.09M), and Singapore ($921k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Bi-Wheel Vehicle Parts EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
Afghanistan$299k (173%)
United States$289k (76.6%)
Germany$203k (58.3%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Bi-Wheel Vehicle Parts BY Pakistan WERE (2021 - 2022):
Philippines-$138k (-47.7%)
France-$67.6k (-92.6%)
Uganda-$57.8k (-83.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Pakistan's main exporting competitors in Bi-Wheel Vehicle Parts were:
In 2022, Pakistan's main importing competitors in Bi-Wheel Vehicle Parts were:

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Trade Value of Bi-Wheel Vehicle Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.03M
TOP IMPORT POTENTIALChina+ $39.2M

Bi-Wheel Vehicle Parts’s highest export potential is United States. With an export gap of $1.03M.   Bi-Wheel Vehicle Parts’s highest import potential is China with an import gap of $39.2M.

See methodology.

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