2022
Exports
$6.38kWorld Rnk 86 / 114
Flag Rnk 995 / 1124
2022
PRODUCT COMPLEXITY IN Iron Ingots
-1.39Rnk 930 / 1025
2022
Imports
$141kWorld Rnk 87 / 172
Flag Rnk 1061 / 1187
2022
ECONOMIC COMPLEXITY of Pakistan
-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $6.38k in Iron Ingots, making it the 86th largest exporter of Iron Ingots in the world. At the same year, Iron Ingots was the 995th most exported product in Pakistan. The main destination of Iron Ingots exports from Pakistan are: Italy ($4.53k), United Arab Emirates ($1.29k), and France ($558).

The fastest growing export markets for Iron Ingots of Pakistan between 2021 and 2022 were Italy ($4.53k) and France ($558).

Imports In 2022, Pakistan imported $141k in Iron Ingots, becoming the 87th largest importer of Iron Ingots in the world. At the same year, Iron Ingots was the 1061st most imported product in Pakistan. Pakistan imports Iron Ingots primarily from: Oman ($43.9k), United Arab Emirates ($43.1k), China ($21.4k), Spain ($19.1k), and United States ($8.9k).

The fastest growing import markets in Iron Ingots for Pakistan between 2021 and 2022 were Spain ($19.1k), China ($13.3k), and United Arab Emirates ($12.6k).

Latest Trends

Sep 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 Iron Ingots. 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)$6.38k
IMPORTS (2022)$141k
NET TRADE (2022)-$135k

In 2022, Pakistan exported $6.38k in Iron Ingots. The main destinations of Pakistan exports on Iron Ingots were Italy ($4.53k), United Arab Emirates ($1.29k), and France ($558).

In 2022, Pakistan imported $141k in Iron Ingots, mainly from Oman ($43.9k), United Arab Emirates ($43.1k), China ($21.4k), Spain ($19.1k), and United States ($8.9k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ingots EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
Italy$4.53k (1%)
France$558 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ingots BY Pakistan WERE (2021 - 2022):
United Arab Emirates-$11.7k (-90%)
Malaysia-$4.37k (-100%)
Finland-$721 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Pakistan's main exporting competitors in Iron Ingots were:
India $189M
China $107M
Iran $76.9M
In 2022, Pakistan's main importing competitors in Iron Ingots were:

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Trade Value of Iron Ingots by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALItaly+ $7.09k
TOP IMPORT POTENTIALChina+ $42.8k

Iron Ingots’s highest export potential is Italy. With an export gap of $7.09k.   Iron Ingots’s highest import potential is China with an import gap of $42.8k.

See methodology.

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