2022
Exports
$113MWorld Rnk 3 / 112
Flag Rnk 53 / 1124
2022
PRODUCT COMPLEXITY IN Soapstone
-0.16Rnk 602 / 1025
2022
Imports
$39.5MWorld Rnk 11 / 195
Flag Rnk 240 / 1187
2022
ECONOMIC COMPLEXITY of Pakistan
-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $113M in Soapstone, making it the 3rd largest exporter of Soapstone in the world. At the same year, Soapstone was the 53rd most exported product in Pakistan. The main destination of Soapstone exports from Pakistan are: United States ($49.2M), South Korea ($18.6M), Italy ($17.8M), China ($5.76M), and Belgium ($5.69M).

The fastest growing export markets for Soapstone of Pakistan between 2021 and 2022 were United States ($16M), South Korea ($9.86M), and Italy ($9.33M).

Imports In 2022, Pakistan imported $39.5M in Soapstone, becoming the 11th largest importer of Soapstone in the world. At the same year, Soapstone was the 240th most imported product in Pakistan. Pakistan imports Soapstone primarily from: Afghanistan ($36.9M), China ($2.2M), Italy ($128k), Netherlands ($115k), and Japan ($88.2k).

The fastest growing import markets in Soapstone for Pakistan between 2021 and 2022 were China ($137k), Afghanistan ($23.2k), and India ($16.5k).

Latest Trends

Sep 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 Soapstone. 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)$113M
IMPORTS (2022)$39.5M
NET TRADE (2022)$73.7M

In 2022, Pakistan exported $113M in Soapstone. The main destinations of Pakistan exports on Soapstone were United States ($49.2M), South Korea ($18.6M), Italy ($17.8M), China ($5.76M), and Belgium ($5.69M).

In 2022, Pakistan imported $39.5M in Soapstone, mainly from Afghanistan ($36.9M), China ($2.2M), Italy ($128k), Netherlands ($115k), and Japan ($88.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Soapstone EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
United States$16M (48.3%)
South Korea$9.86M (112%)
Italy$9.33M (110%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Soapstone BY Pakistan WERE (2021 - 2022):
Netherlands-$4.84M (-99.6%)
Austria-$2.38M (-78.3%)
Russia-$885k (-89%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Pakistan's main exporting competitors in Soapstone were:
In 2022, Pakistan's main importing competitors in Soapstone were:

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Trade Value of Soapstone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $4.03M
TOP IMPORT POTENTIALChina+ $2.33M

Soapstone’s highest export potential is China. With an export gap of $4.03M.   Soapstone’s highest import potential is China with an import gap of $2.33M.

See methodology.

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