2023
Exports
$86.6MWorld Rnk 32 / 127
Flag Rnk 60 / 1129
2023
PRODUCT COMPLEXITY IN Iron Ore
-1.87Rnk 987 / 1025
2023
Imports
$275kWorld Rnk 65 / 125
Flag Rnk 979 / 1174
2023
ECONOMIC COMPLEXITY of Pakistan
-0.55Rnk 89 / 132

About

Exports In 2023, Pakistan exported $86.6M in Iron Ore, making it the 32nd largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 60th most exported product in Pakistan. The main destination of Iron Ore exports from Pakistan are: Oman ($58.1M), China ($28.4M), Turkey ($1.91k), United Arab Emirates ($123), and Hong Kong ($51).

The fastest growing export markets for Iron Ore of Pakistan between 2022 and 2023 were Oman ($37.1M), China ($9.15M), and Turkey ($1.9k).

Imports In 2023, Pakistan imported $275k in Iron Ore, becoming the 65th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 979th most imported product in Pakistan. Pakistan imports Iron Ore primarily from: Iran ($258k), United Arab Emirates ($8.24k), China ($6.06k), Spain ($1.56k), and Canada ($501).

The fastest growing import markets in Iron Ore for Pakistan between 2022 and 2023 were Iran ($258k), United Arab Emirates ($8.24k), and Spain ($1.56k).

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 Iron Ore. 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)$86.6M
IMPORTS (2023)$275k
NET TRADE (2023)$86.3M

In 2023, Pakistan exported $86.6M in Iron Ore. The main destinations of Pakistan exports on Iron Ore were Oman ($58.1M), China ($28.4M), Turkey ($1.91k), United Arab Emirates ($123), and Hong Kong ($51).

In 2023, Pakistan imported $275k in Iron Ore, mainly from Iran ($258k), United Arab Emirates ($8.24k), China ($6.06k), Spain ($1.56k), and Canada ($501).

Explore Visualizations

Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Pakistan WERE (2022 - 2023):
Oman$37.1M (176%)
China$9.15M (47.4%)
Turkey$1.9k (95.2k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Pakistan WERE (2022 - 2023):
Germany-$4.45k (-100%)
Netherlands-$612 (-100%)
Canada-$40 (-97.6%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

Explore Visualizations

Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $52.4M
TOP IMPORT POTENTIALChina+ $20.9k

Iron Ore’s highest export potential is China. With an export gap of $52.4M.   Iron Ore’s highest import potential is China with an import gap of $20.9k.

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