Overview In 2019 Pakistan was the number 42 economy in the world in terms of GDP (current US$), the number 67 in total exports, the number 49 in total imports, the number 159 economy in terms of GDP per capita (current US$) and the number 100 most complex economy according to the Economic Complexity Index (ECI).

Exports The top exports of Pakistan are House Linens ($3.52B), Rice ($2.25B), Non-Knit Men's Suits ($1.71B), Non-Retail Pure Cotton Yarn ($992M), and Non-Knit Women's Suits ($951M), exporting mostly to United States ($3.82B), China ($2.06B), Germany ($1.78B), United Kingdom ($1.63B), and Afghanistan ($1.18B).

Imports The top imports of Pakistan are Refined Petroleum ($4.7B), Crude Petroleum ($3.29B), Petroleum Gas ($3.24B), Palm Oil ($1.66B), and Scrap Iron ($1.43B), importing mostly from China ($14.7B), United Arab Emirates ($5.93B), United States ($2.59B), Saudi Arabia ($2.23B), and Indonesia ($2.08B).

In 2019, Pakistan was the world's biggest importer of Tea ($601M) and Metallic Yarn ($48.6M)

Location Pakistan borders Afghanistan, China, India, and Iran by land and Oman by sea.

Historical Data

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Yearly Exports

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Top Export (2019): House Linens, $3.52B

Top Destination (2019): United States, $3.82B

In 2019, Pakistan exported a total of $26.6B, making it the number 67 exporter in the world. During the last five reported years the exports of Pakistan have changed by -$1.78B from $28.4B in 2014 to $26.6B in 2019.

The most recent exports are led by House Linens ($3.52B), Rice ($2.25B), Non-Knit Men's Suits ($1.71B), Non-Retail Pure Cotton Yarn ($992M), and Non-Knit Women's Suits ($951M). The most common destination for the exports of Pakistan are United States ($3.82B), China ($2.06B), Germany ($1.78B), United Kingdom ($1.63B), and Afghanistan ($1.18B).

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Yearly Imports

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Top Import (2019): Refined Petroleum, $4.7B

Top Origin (2019): China, $14.7B

In 2019 Pakistan imported $52.8B, making it the number 49 trade destination in the world. During the last five reported years the imports of Pakistan changed by $833M from $52B in 2014 to $52.8B in 2019.

The most recent imports of Pakistan are led by Refined Petroleum ($4.7B), Crude Petroleum ($3.29B), Petroleum Gas ($3.24B), Palm Oil ($1.66B), and Scrap Iron ($1.43B). The most common import partners for Pakistan are China ($14.7B), United Arab Emirates ($5.93B), United States ($2.59B), Saudi Arabia ($2.23B), and Indonesia ($2.08B).

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Flow

Fastest Growing Export Markets (2018 - 2019)

Fastest Growing Import Markets (2018 - 2019)

Pakistan Exports Services (2019): $5.77B

Pakistan Imports Services (2019): $9.79B

In 2019, Pakistan exported $5.77B worth of services. The top services exported by Pakistan in 2019 were Other business services ($1.47B), Computer and information services ($1.29B), Government services, n.i.e. ($1.21B), Transportation ($854M), and Personal travel ($492M).

The top services imported by Pakistan in 2019 were Transportation ($3.55B), Other business services ($2.54B), Personal travel ($1.63B), Construction services ($501M), and Computer and information services ($426M).

Tariffs by Product

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The top product import tariffs by their MFN Ad Valorem value for Pakistan are Large Diesel Engine Cars (100%) and Large Sized Cars (100%).

Click any of the products in the bar chart to see the specific Ad Valorem Duty Rates by partner country.

*The tariffs applied to imports for Pakistan are:
136: Most Favoured Nation duty rate treatement
184: Preferential tariff for China
241: Preferential tariff for Indonesia
242: Preferential tariff for Iran
265: Preferential tariff for Malaysia
267: Preferential tariff for Mauritius
304: Preferential tariff for Sri Lanka
366: South Asian Association for Regional Cooperation (SAARC) Preferential Trading Arragement (SAPTA)

Economic Complexity

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Most Specialized Products by RCA Index

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Pakistan has a high level of specialization in House Linens (121), Heavy Pure Woven Cotton (99.4), Other Cotton Fabrics (89), Light Synthetic Cotton Fabrics (75.7), and Tanned Goat Hides (72.7). Specialization is measured using RCA, an index that takes the ratio between Pakistan observed and expected exports in each product.

Most Complex Products by PCI

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The highest complexity exports of Pakistan according to the product complexity index (PCI) are Knives and blades for hand use (1.11), Polymers of styrene, in primary forms (0.95), Synthetic organic colouring matter (0.79), Polyacetals, polyethers, polycarbonates, etc, primary (0.77), and Instruments etc for medical, surgical, dental, etc use (0.73). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.

Export Opportunities by Relatedness

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The top export opportunities for Pakistan according to the relatedness index, are Insect Resins (0.29), Non-Knit Men's Shirts (0.29), Coconuts, Brazil Nuts, and Cashews (0.28), Non-Knit Women's Shirts (0.28), and Gold (0.27). Relatedness measures the distance between a country's current exports and each product. The barchart show only products that Pakistan is not specialized in.

The product space is a network connecting products that are likely to be co-exported. The product space can be used to predict future exports, since countries are more likely to start exporting products that are related to current exports. Relatedness measures the distance between a product, and all of the products it is currently specialized in.

Relatedness Space

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This network shows the products most related to the production structure of Pakistan. These are products that tend to be co-exported with the products that Pakistan exports. Higher relatedness values ​​indicate greater knowledge, which predicts a greater probability of exporting that product in the future.

Diversification Frontier

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The Complexity-Relatedness diagram compares the risk and the strategic value of a country's potential export oppotunities. Relatedness is a predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth, less income inequality, and lower emissions.

Economic Complexity Ranking

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Scale

During the last 20 years Pakistan's⁩ ⁨economy has become relatively less complex, moving from the ⁩⁨89th to the 100th⁩ position in the ECI rank.

These economic complexity rankings use 6 digit exports classified according to the HS96 classification. We consider only countries with population of at least 1 million and exports of at least $1 billion, and products with world trade over $500 million. To explore different rankings and vary these parameters visit the custom rankings section.

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