2022
Exports
$8.52MWorld Rnk 97 / 222
Flag Rnk 225 / 1124
2022
PRODUCT COMPLEXITY IN Insulated Wire
-0.59Rnk 723 / 1025
2022
Imports
$193MWorld Rnk 74 / 225
Flag Rnk 58 / 1187
2022
ECONOMIC COMPLEXITY of Pakistan
-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $8.52M in Insulated Wire, making it the 97th largest exporter of Insulated Wire in the world. At the same year, Insulated Wire was the 225th most exported product in Pakistan. The main destination of Insulated Wire exports from Pakistan are: Ghana ($1.54M), China ($950k), Mozambique ($924k), United States ($889k), and Jamaica ($539k).

The fastest growing export markets for Insulated Wire of Pakistan between 2021 and 2022 were Ghana ($1.42M), China ($931k), and Jamaica ($539k).

Imports In 2022, Pakistan imported $193M in Insulated Wire, becoming the 74th largest importer of Insulated Wire in the world. At the same year, Insulated Wire was the 58th most imported product in Pakistan. Pakistan imports Insulated Wire primarily from: China ($144M), United Arab Emirates ($8.45M), Thailand ($6.68M), Japan ($4.16M), and South Korea ($3.63M).

The fastest growing import markets in Insulated Wire for Pakistan between 2021 and 2022 were Spain ($1.04M), Malaysia ($837k), and United Arab Emirates ($758k).

COMPANIES In 2023, leading companies such as Reebok (1) were at the forefront of shipping Insulated Wire from Pakistan to the United States.

Latest Trends

Oct 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 Insulated Wire. 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)$8.52M
IMPORTS (2022)$193M
NET TRADE (2022)-$184M

In 2022, Pakistan exported $8.52M in Insulated Wire. The main destinations of Pakistan exports on Insulated Wire were Ghana ($1.54M), China ($950k), Mozambique ($924k), United States ($889k), and Jamaica ($539k).

In 2022, Pakistan imported $193M in Insulated Wire, mainly from China ($144M), United Arab Emirates ($8.45M), Thailand ($6.68M), Japan ($4.16M), and South Korea ($3.63M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Insulated Wire EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
Ghana$1.42M (1.23k%)
China$931k (5.03k%)
Jamaica$539k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Insulated Wire BY Pakistan WERE (2021 - 2022):
Qatar-$497k (-100%)
Afghanistan-$426k (-95.2%)
United Kingdom-$229k (-32.1%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Pakistan's main exporting competitors in Insulated Wire were:
In 2022, Pakistan's main importing competitors in Insulated Wire were:

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Trade Value of Insulated Wire by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $3.36M
TOP IMPORT POTENTIALChina+ $102M

Insulated Wire’s highest export potential is United States. With an export gap of $3.36M.   Insulated Wire’s highest import potential is China with an import gap of $102M.

See methodology.

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