2023
Flag  
GDP
$3.57TCURRENT US$
Rnk 5 / 195
2013-2023
Flag
GDP GROWTH
92.1%CURRENT US$
Rnk 19 / 195
2023
Flag
 GDP
$338BCURRENT US$
Rnk 45 / 195
2013-2023
Flag
GDP GROWTH
30.6%CURRENT US$
Rnk 113 / 195
2023
Flag
GDP PC 
$2,481CURRENT US$
Rnk 148 / 195
2013-2023
Flag
GDP PC GROWTH
73.1%CURRENT US$
Rnk 22 / 195
2023
Flag
GDP PC
$1,365CURRENT US$
Rnk 170 / 196
2013-2023
Flag
GDP PC GROWTH
11.4%CURRENT US$
Rnk 130 / 195

About

India-Pakistan Trade: In 2023, India exported $510M to Pakistan. The main products that India exported to Pakistan were Raw Sugar ($66.3M), Vaccines, blood, antisera, toxins and cultures ($52.1M), and Nitrogen Heterocyclic Compounds ($48.8M). Over the past 5 years the exports of India to Pakistan have decreased at an annualized rate of 25.1%, from $2.16B in 2018 to $510M in 2023.

In 2023, India did not export any services to Pakistan.

Pakistan-India Trade: In 2023, Pakistan exported $594k to India. The main products that Pakistan exported to India were Other Edible Preparations ($455k), Magnesium Carbonate ($87.6k), and Saturated Acyclic Monocarboxylic Acids ($35.5k). Over the past 5 years the exports of Pakistan to India have decreased at an annualized rate of 49.8%,  from $582M in 2018 to $594k in 2023.

In 2023, Pakistan did not export any services to India.

Comparison: In 2023,  India ranked 39 in the Economic Complexity Index (ECI 0.65), and 12 in total exports ($441B). That same year, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, India exported $510M to Pakistan. The main products exported from India to Pakistan were Raw Sugar ($66.3M), Vaccines, blood, antisera, toxins and cultures ($52.1M), and Nitrogen Heterocyclic Compounds ($48.8M). During the last 5 years the exports of India to Pakistan have decreased at an annualized rate of 25.1%, from $2.16B in 2018 to $510M in 2023.

In 2018, Pakistan exported $594k to India. The main products exported from Pakistan to India were Other Edible Preparations ($455k), Magnesium Carbonate ($87.6k), and Saturated Acyclic Monocarboxylic Acids ($35.5k). During the last 5 years the exports of Pakistan to India have decreased at an annualized rate of 49.8%, from $582M in 2023 to $594k in 2018.

Exports from India (Flag) to Pakistan (Flag) (2023)

Exports from Pakistan (Flag) to India (Flag) (2023)

Market Competitiveness

Color
India
Top Destination
United States$85.5B
Pakistan
Top Destination
United States$5.18B

This map shows whether countries import more from India or Pakistan. Each country is colored based on the difference in imports they receive from India and Pakistan or the difference in the growth in imports.

In 2023, countries that imported more from India than Pakistan included United States ($85.5B), United Arab Emirates ($28.8B), and China ($18.1B).

In 2023, countries that imported more from Pakistan than India included Afghanistan ($969M), Guinea-Bissau ($21.1M), and Wallis and Futuna ($16.6k).

Difference in imports from Pakistan (Flag) and India (Flag) (2023)

Comparative Advantage India - Pakistan

Flow
Scale

This chart compares trade between India and Pakistan by product, considering products traded by both, India and Pakistan.

During 2023, India had a large net trade with Pakistan in the exports of Chemical Products ($259M), Foodstuffs ($120M), and Textiles ($34.1M).

During 2018, Pakistan had a large net trade with India in the exports of Foodstuffs ($455k), Mineral Products ($99.4k), and Chemical Products ($35.7k).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential India Pakistan+$98.9MRefined Petroleum
Top Product Potential Pakistan India+$8.4MPassenger and Cargo Ships

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of India and Pakistan. This means that a dot/product with the flag of India indicates it has a comparative advantage over Pakistan. Similarly, a dot/product with the flag of Pakistan indicates it has a comparative advantage over India.

Product Space of India (Flag) and Pakistan (Flag) (2023)

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