2023
Exports
$122MWorld Rnk 64 / 150
Flag Rnk 47 / 1129
falsefalse Thailand
2023
PRODUCT COMPLEXITY IN Crude Petroleum
-2.37Rnk 1015 / 1025
2023
Imports
$4.78BWorld Rnk 29 / 159
Flag Rnk 3 / 1174
2023
ECONOMIC COMPLEXITY of Pakistan
-0.55Rnk 89 / 132

About

Exports In 2023, Pakistan exported $122M in Crude Petroleum, making it the 64th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 47th most exported product in Pakistan. The main destination of Crude Petroleum exports from Pakistan are: Thailand ($91M), Singapore ($30.4M), and United Arab Emirates ($857k).

Imports In 2023, Pakistan imported $4.78B in Crude Petroleum, becoming the 29th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 3rd most imported product in Pakistan. Pakistan imports Crude Petroleum primarily from: Saudi Arabia ($3.5B), United Arab Emirates ($1.17B), Russia ($47.6M), Kuwait ($33M), and Sao Tome and Principe ($30.8M).

The fastest growing import markets in Crude Petroleum for Pakistan between 2022 and 2023 were Saudi Arabia ($333M), Russia ($47.6M), and Sao Tome and Principe ($30.8M).

Latest Trends

Dec 2024

Subnational Monthly Trade

View
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 Crude Petroleum. Countries are shown based on data availability.

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

Explore Latest Trends

Subscribe today to OEC pro and access the latest data

Sign Up

Historical Data

Trade Balance

Color
EXPORTS (2023)$122M
IMPORTS (2023)$4.78B
NET TRADE (2023)-$4.66B

In 2023, Pakistan exported $122M in Crude Petroleum. The main destinations of Pakistan exports on Crude Petroleum were Thailand ($91M), Singapore ($30.4M), and United Arab Emirates ($857k).

In 2023, Pakistan imported $4.78B in Crude Petroleum, mainly from Saudi Arabia ($3.5B), United Arab Emirates ($1.17B), Russia ($47.6M), Kuwait ($33M), and Sao Tome and Principe ($30.8M).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Pakistan WERE (2022 - 2023):
Thailand-$104M (-53.4%)
Australia-$56M (-100%)
Singapore-$40M (-56.8%)

Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Pakistan's main exporting competitors in Crude Petroleum were:
In 2023, Pakistan's main importing competitors in Crude Petroleum were:

Explore Visualizations

Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $47.1M
TOP IMPORT POTENTIALKuwait+ $141M

Crude Petroleum’s highest export potential is Singapore. With an export gap of $47.1M.   Crude Petroleum’s highest import potential is Kuwait with an import gap of $141M.

See methodology.

Subscribe today to OEC pro and access the latest data

Sign Up

Have questions, comments, or concerns?
Send us an e-mail: support@oec.world
Follow @OECtoday on
Created, Designed, and Developed by:
In collaboration with