Pakistan2021 Economic Complexity Trade : -0.55, Rank 87 of 131
2021 Economic Complexity Technology : -1.21, Rank 80 of 96
2021 Economic Complexity Research : -0.096, Rank 69 of 140
2021 Product Exports | Imports: $32.7B | $78.5B, 66 of 226 | 47 of 226
2021 Per Capita Product Exports | Imports: $145 | $349, 192 of 219 | 191 of 219
Overview In 2021, Pakistan was the number 40 economy in the world in terms of GDP (current US$), the number 66 in total exports, the number 47 in total imports, the number 150 economy in terms of GDP per capita (current US$) and the number 87 most complex economy according to the Economic Complexity Index (ECI) .
Exports The top exports of Pakistan are House Linens ($4.63B), Rice ($2.26B), Non-Knit Men's Suits ($2.03B), Knit Sweaters ($1.5B), and Non-Knit Women's Suits ($1.37B), exporting mostly to United States ($5.51B), China ($3.25B), Germany ($2.53B), United Kingdom ($2.21B), and United Arab Emirates ($1.28B).
Imports The top imports of Pakistan are Refined Petroleum ($6.58B), Petroleum Gas ($6.41B), Crude Petroleum ($3.53B), Palm Oil ($3.36B), and Vaccines, blood, antisera, toxins and cultures ($3.06B), importing mostly from China ($23.5B), United Arab Emirates ($7.13B), Qatar ($4.8B), Indonesia ($4.05B), and United States ($3.51B).
In 2021, Pakistan was the world's biggest importer of Tea ($622M), Hydraulic Turbines ($108M), Jute and Other Textile Fibers ($58.3M), and Metallic Yarn ($35.8M)
Location Pakistan borders Afghanistan, China, India, and Iran by land and Oman by sea.
The following section uses the most recent trade data from partners of Pakistan.
Disclaimer: data is presented based on availability and only countries that use the harmonized system are being shown.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
The data obtained is mirror data. The trade of countries that do not report current data can be reconstructed based on data reported by partner countries with current data available.
*All data is converted to USD using January 2020 exchange rates when data is reported in local currency.
Top Export (2021): House Linens, $4.63B
Top Destination (2021): United States, $5.51B
In 2021, Pakistan exported a total of $32.7B, making it the number 66 exporter in the world. During the last five reported years the exports of Pakistan have changed by $7.11B from $25.6B in 2016 to $32.7B in 2021.
The most recent exports are led by House Linens ($4.63B), Rice ($2.26B), Non-Knit Men's Suits ($2.03B), Knit Sweaters ($1.5B), and Non-Knit Women's Suits ($1.37B). The most common destination for the exports of Pakistan are United States ($5.51B), China ($3.25B), Germany ($2.53B), United Kingdom ($2.21B), and United Arab Emirates ($1.28B).
Fastest Growing Export Markets (2020 - 2021)
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).
Pakistan has a high level of specialization in House Linens (121), Heavy Pure Woven Cotton (91.4), Other Cotton Fabrics (80.1), Light Mixed Woven Cotton (77.2), and Light Synthetic Cotton Fabrics (72.3). Specialization is measured using RCA, an index that takes the ratio between Pakistan observed and expected exports in each product.
The highest complexity exports of Pakistan according to the product complexity index (PCI) are Knives; with cutting blades, serrated or not (including pruning knives), other than knives of heading no. 8208, and blades therefore (0.85), Tools, hand; files, rasps, pliers (including cutting pliers), pincers, tweezers, metal cutting shears, pipe cutters, bolt croppers, perforating punches and similar (0.81), Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins, polyallyl esters and other polyesters, in primary forms (0.76), Instruments and appliances used in medical, surgical, dental or veterinary sciences, including scintigraphic apparatus, other electro-medical apparatus and sight testing instruments (0.75), and Stone or other mineral substances; articles thereof (including articles of peat), n.e.c. or included (0.72). PCI measures the knowledge intensity of a product by considering the knowledge intensity of its exporters.
The top export opportunities for Pakistan according to the relatedness index, were Insect Resins (0.31), Pepper (0.29), Nutmeg, mace and cardamons (0.29), Cassava (0.28), and Plaiting Products (0.28). 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 a country currently specializes in.
The Complexity-Relatedness diagram compares the risk vs strategic value of a country's potential export oppotunities. Relatedness is 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 greenhouse emissions.
During the last 20 years Pakistan's economy has become relatively less complex, moving from the 84th to the 87th 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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