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2022
Exports $1.42MWorld Rnk 33 / 168
Flag Rnk 423 / 1124
falsefalse Germany
2021 - 2022
FASTEST GROWING MARKETfalseUnited States
2022
PRODUCT COMPLEXITY IN String Instruments0.51Rnk 362 / 1025
2022
Imports $493kWorld Rnk 90 / 209
Flag Rnk 964 / 1187
2021 - 2022
FASTEST GROWING ORIGINfalseN/A
2022
ECONOMIC COMPLEXITY of Pakistan-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $1.42M in String Instruments, making it the 33rd largest exporter of String Instruments in the world. At the same year, String Instruments was the 423rd most exported product in Pakistan. The main destination of String Instruments exports from Pakistan are: Germany ($429k), United States ($376k), United Kingdom ($153k), Japan ($106k), and Australia ($64.5k).

The fastest growing export markets for String Instruments of Pakistan between 2021 and 2022 were United States ($210k), Japan ($51.2k), and Spain ($42.2k).

Imports In 2022, Pakistan imported $493k in String Instruments, becoming the 90th largest importer of String Instruments in the world. At the same year, String Instruments was the 964th most imported product in Pakistan. Pakistan imports String Instruments primarily from: China ($478k), United Arab Emirates ($7.42k), United States ($3.9k), Indonesia ($2.63k), and Thailand ($330).

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 String Instruments. 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)$1.42M
IMPORTS (2022)$493k
NET TRADE (2022)$924k

In 2022, Pakistan exported $1.42M in String Instruments. The main destinations of Pakistan exports on String Instruments were Germany ($429k), United States ($376k), United Kingdom ($153k), Japan ($106k), and Australia ($64.5k).

In 2022, Pakistan imported $493k in String Instruments, mainly from China ($478k), United Arab Emirates ($7.42k), United States ($3.9k), Indonesia ($2.63k), and Thailand ($330).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING String Instruments EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
United States$210k (127%)
Japan$51.2k (94.2%)
Spain$42.2k (310%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF String Instruments BY Pakistan WERE (2021 - 2022):
Austria-$29.3k (-99.6%)
Sweden-$28.4k (-84.9%)
Netherlands-$12.3k (-22.1%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Pakistan's main exporting competitors in String Instruments were:
China $527M
United States $146M
Indonesia $107M
In 2022, Pakistan's main importing competitors in String Instruments were:
United States $279M
Germany $91.7M
Japan $59.6M

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Trade Value of String Instruments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $364k
TOP IMPORT POTENTIALChina+ $421k

String Instruments’s highest export potential is United States. With an export gap of $364k.   String Instruments’s highest import potential is China with an import gap of $421k.

See methodology.

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