Medical Instruments in Pakistan 2020 Exports | Imports : $393M | $259M, World Rnk 35 / 216 Rnk 12 / 1102 | World Rnk 54 / 225 Rnk 31 / 1182
2019 - 2020 FASTEST GROWING MARKET | FASTEST GROWING ORIGIN: $1.81M | $12.1M, China | China
2020 ECONOMIC COMPLEXITY of Pakistan: -0.71, Rnk 93 / 127
2020 PRODUCT COMPLEXITY IN Medical Instruments: 0.74, Rnk 268 / 1029
Exports In 2020, Pakistan exported $393M in Medical Instruments, making it the 35th largest exporter of Medical Instruments in the world. At the same year, Medical Instruments was the 12th most exported product in Pakistan. The main destination of Medical Instruments exports from Pakistan are: United States ($107M), Germany ($49.3M), Mexico ($40.4M), United Kingdom ($29M), and China ($19.9M).
The fastest growing export markets for Medical Instruments of Pakistan between 2019 and 2020 were China ($1.81M), United Arab Emirates ($734k), and Egypt ($608k).
Imports In 2020, Pakistan imported $259M in Medical Instruments, becoming the 54th largest importer of Medical Instruments in the world. At the same year, Medical Instruments was the 31st most imported product in Pakistan. Pakistan imports Medical Instruments primarily from: China ($73.9M), Netherlands ($31.5M), Germany ($29.1M), United States ($18.2M), and Japan ($16M).
The fastest growing import markets in Medical Instruments for Pakistan between 2019 and 2020 were China ($12.1M), Philippines ($2.05M), and Mexico ($1.49M).
Tariffs In 2018, the average tariff for Pakistan in Medical Instruments was 6.24%. The countries with the highest import tariffs for Medical Instruments were Malaysia (Most Favoured Nation duty rate treatement, 13.9%), Iran (Preferential tariff for Iran, 8.8%), Angola (Most Favoured Nation duty rate treatement, 6.26%), Burundi (Most Favoured Nation duty rate treatement, 6.26%), and Benin (Most Favoured Nation duty rate treatement, 6.26%).
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 Medical Instruments. Countries are shown based on data availability.
* Using January 2020 exchange rates when trade data is reported in local currency.
EXPORTS (2020): $393M
IMPORTS (2020): $259M
NET TRADE (2020): $134M
In 2020, Pakistan exported $393M in Medical Instruments. The main destinations of Pakistan exports on Medical Instruments were United States ($107M), Germany ($49.3M), Mexico ($40.4M), United Kingdom ($29M), and China ($19.9M).
In 2020, Pakistan imported $259M in Medical Instruments, mainly from China ($73.9M), Netherlands ($31.5M), Germany ($29.1M), United States ($18.2M), and Japan ($16M).
THE FASTEST GROWING Medical Instruments EXPORT MARKETS FOR Pakistan WERE (2019 - 2020):
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Medical Instruments BY Pakistan WERE (2019 - 2020):
In 2020, Pakistan's main exporting competitors in Medical Instruments were:
In 2020, Pakistan's main importing competitors in Medical Instruments were:
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