2022
Exports
$1.91BWorld Rnk 82 / 216
Flag Rnk 6 / 96
2022
PRODUCT COMPLEXITY IN Mineral fuels, mineral oils and products of their distillation
0.48Rnk 371 / 1025
2022
Imports
$18.7BWorld Rnk 37 / 225
Flag Rnk 1 / 96
2022
ECONOMIC COMPLEXITY of Pakistan
-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $1.91B in Mineral fuels, mineral oils and products of their distillation, making it the 82nd largest exporter of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 6th most exported product in Pakistan. The main destination of Mineral fuels, mineral oils and products of their distillation exports from Pakistan are: United Arab Emirates ($1.09B), South Korea ($204M), Thailand ($191M), Chinese Taipei ($189M), and Singapore ($76.8M).

The fastest growing export markets for Mineral fuels, mineral oils and products of their distillation of Pakistan between 2021 and 2022 were United Arab Emirates ($880M), Thailand ($136M), and Chinese Taipei ($134M).

Imports In 2022, Pakistan imported $18.7B in Mineral fuels, mineral oils and products of their distillation, becoming the 37th largest importer of Mineral fuels, mineral oils and products of their distillation in the world. At the same year, Mineral fuels, mineral oils and products of their distillation was the 1st most imported product in Pakistan. Pakistan imports Mineral fuels, mineral oils and products of their distillation primarily from: United Arab Emirates ($3.71B), Qatar ($3.4B), Saudi Arabia ($2.95B), Kuwait ($2.21B), and China ($2.07B).

The fastest growing import markets in Mineral fuels, mineral oils and products of their distillation for Pakistan between 2021 and 2022 were Kuwait ($1.12B), Saudi Arabia ($920M), and China ($548M).

COMPANIES In 2023, leading companies such as Reebok (11) were at the forefront of shipping Mineral fuels, mineral oils and products of their distillation from Pakistan to the United States.

Latest Trends

Jul 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 Mineral fuels, mineral oils and products of their distillation. 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)$1.91B
IMPORTS (2022)$18.7B
NET TRADE (2022)-$16.8B

In 2022, Pakistan exported $1.91B in Mineral fuels, mineral oils and products of their distillation. The main destinations of Pakistan exports on Mineral fuels, mineral oils and products of their distillation were United Arab Emirates ($1.09B), South Korea ($204M), Thailand ($191M), Chinese Taipei ($189M), and Singapore ($76.8M).

In 2022, Pakistan imported $18.7B in Mineral fuels, mineral oils and products of their distillation, mainly from United Arab Emirates ($3.71B), Qatar ($3.4B), Saudi Arabia ($2.95B), Kuwait ($2.21B), and China ($2.07B).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Mineral fuels, mineral oils and products of their distillation EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
Thailand$136M (244%)
Chinese Taipei$134M (244%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Mineral fuels, mineral oils and products of their distillation BY Pakistan WERE (2021 - 2022):
Malaysia-$65.2M (-91.8%)
Papua New Guinea-$20M (-100%)
Colombia-$1.74M (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Pakistan's main exporting competitors in Mineral fuels, mineral oils and products of their distillation were:
In 2022, Pakistan's main importing competitors in Mineral fuels, mineral oils and products of their distillation were:

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Trade Value of Mineral fuels, mineral oils and products of their distillation by Exporters

Potential Exports

Potential Exports

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TOP EXPORT POTENTIALSouth Korea+ $98.3M
TOP IMPORT POTENTIALChina+ $868M

Mineral fuels, mineral oils and products of their distillation’s highest export potential is South Korea. With an export gap of $98.3M.   Mineral fuels, mineral oils and products of their distillation’s highest import potential is China with an import gap of $868M.

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