Exports In 2020, Pakistan exported $150M in Refined Petroleum, making it the 87th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 32nd most exported product in Pakistan. The main destination of Refined Petroleum exports from Pakistan are: South Korea ($42M), United Arab Emirates ($38.6M), Chinese Taipei ($23.1M), Japan ($16.6M), and Malaysia ($12.4M).
The fastest growing export markets for Refined Petroleum of Pakistan between 2019 and 2020 were United Arab Emirates ($21.2M), Chinese Taipei ($10.4M), and Japan ($9.19M).
Imports In 2020, Pakistan imported $3.87B in Refined Petroleum, becoming the 30th largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Pakistan. Pakistan imports Refined Petroleum primarily from: United Arab Emirates ($2.21B), Kuwait ($419M), Oman ($255M), Singapore ($216M), and Netherlands ($193M).
The fastest growing import markets in Refined Petroleum for Pakistan between 2019 and 2020 were China ($141M), Saudi Arabia ($37.7M), and Panama ($29.2M).
Tariffs In 2019, the average tariff for Pakistan in Refined Petroleum was 11.2%. The countries with the highest import tariffs for Refined Petroleum were Malaysia (Most Favoured Nation duty rate treatement, 11.5%), Angola (Most Favoured Nation duty rate treatement, 11.4%), Burundi (Most Favoured Nation duty rate treatement, 11.4%), Benin (Most Favoured Nation duty rate treatement, 11.4%), and Burkina Faso (Most Favoured Nation duty rate treatement, 11.4%).