2022
Exports
$59.5MWorld Rnk 28 / 188
Flag Rnk 51 / 96
2022
PRODUCT COMPLEXITY IN Natural gums, resins & other vegetable extracts
-0.98Rnk 834 / 1025
2022
Imports
$34.7MWorld Rnk 44 / 212
Flag Rnk 72 / 96
2022
ECONOMIC COMPLEXITY of Pakistan
-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $59.5M in Natural gums, resins & other vegetable extracts, making it the 28th largest exporter of Natural gums, resins & other vegetable extracts in the world. At the same year, Natural gums, resins & other vegetable extracts was the 51st most exported product in Pakistan. The main destination of Natural gums, resins & other vegetable extracts exports from Pakistan are: China ($19.5M), United States ($12M), Japan ($7.26M), Denmark ($2.44M), and Spain ($1.99M).

The fastest growing export markets for Natural gums, resins & other vegetable extracts of Pakistan between 2021 and 2022 were United States ($6.32M), Japan ($3.07M), and China ($2.86M).

Imports In 2018, Pakistan imported $34.7M in Natural gums, resins & other vegetable extracts, becoming the 44th largest importer of Natural gums, resins & other vegetable extracts in the world. At the same year, Natural gums, resins & other vegetable extracts was the 72nd most imported product in Pakistan. Pakistan imports Natural gums, resins & other vegetable extracts primarily from: China ($12.9M), Spain ($4.41M), Denmark ($2.7M), France ($2.46M), and Germany ($2.43M).

The fastest growing import markets in Natural gums, resins & other vegetable extracts for Pakistan between 2021 and 2022 were Peru ($574k), United States ($395k), and United Arab Emirates ($378k).

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 Natural gums, resins & other vegetable extracts. 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)$59.5M
IMPORTS (2022)$34.7M
NET TRADE (2022)$24.8M

In 2022, Pakistan exported $59.5M in Natural gums, resins & other vegetable extracts. The main destinations of Pakistan exports on Natural gums, resins & other vegetable extracts were China ($19.5M), United States ($12M), Japan ($7.26M), Denmark ($2.44M), and Spain ($1.99M).

In 2022, Pakistan imported $34.7M in Natural gums, resins & other vegetable extracts, mainly from China ($12.9M), Spain ($4.41M), Denmark ($2.7M), France ($2.46M), and Germany ($2.43M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Natural gums, resins & other vegetable extracts EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
United States$6.32M (112%)
Japan$3.07M (73.3%)
China$2.86M (17.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Natural gums, resins & other vegetable extracts BY Pakistan WERE (2021 - 2022):
Sweden-$127k (-55.5%)
France-$99.1k (-85.5%)
Nepal-$96.2k (-47.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Pakistan's main exporting competitors in Natural gums, resins & other vegetable extracts were:
China $2.24B
India $1.18B
Spain $920M
In 2022, Pakistan's main importing competitors in Natural gums, resins & other vegetable extracts were:

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Trade Value of Natural gums, resins & other vegetable extracts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $14.6M
TOP IMPORT POTENTIALChina+ $7.98M

Natural gums, resins & other vegetable extracts’s highest export potential is China. With an export gap of $14.6M.   Natural gums, resins & other vegetable extracts’s highest import potential is China with an import gap of $7.98M.

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