Pakistan (PAK) and Italy (ITA) Trade | The Observatory of Economic Complexity

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Pakistan-Italy Trade: In 2023, Pakistan exported $1.21B to Italy. The main products that Pakistan exported to Italy were House Linens ($250M), Rice ($108M), and Non-Knit Men's Suits ($101M). Over the past 5 years the exports of Pakistan to Italy have increased at an annualized rate of 8.02%, from $820M in 2018 to $1.21B in 2023.

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

Italy-Pakistan Trade: In 2023, Italy exported $433M to Pakistan. The main products that Italy exported to Pakistan were Packaged Medicaments ($39.2M), Textile Processing Machines ($16.2M), and Washing and Bottling Machines ($15.3M). Over the past 5 years the exports of Italy to Pakistan have decreased at an annualized rate of 12%, from $821M in 2018 to $433M in 2023.

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

Comparison: In 2023, Pakistan ranked 89 in the Economic Complexity Index (ECI -0.55), and 66 in total exports ($35.8B). That same year, Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2023, Pakistan exported $1.21B to Italy. The main products exported from Pakistan to Italy were House Linens ($250M), Rice ($108M), and Non-Knit Men's Suits ($101M). During the last 5 years the exports of Pakistan to Italy have increased at an annualized rate of 8.02%, from $820M in 2018 to $1.21B in 2023.

In 2018, Italy exported $433M to Pakistan. The main products exported from Italy to Pakistan were Packaged Medicaments ($39.2M), Textile Processing Machines ($16.2M), and Washing and Bottling Machines ($15.3M). During the last 5 years the exports of Italy to Pakistan have decreased at an annualized rate of 12%, from $821M in 2023 to $433M in 2018.

Exports from Pakistan () to Italy () (2023)

Exports from Italy () to Pakistan () (2023)

Latest Data

Trade between Pakistan () and Italy ()

Pakistan Exports

Date

Italy Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Pakistan
Top DestinationUnited States$5.18B

Italy
Top DestinationGermany$71.4B

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

In 2023, countries that imported more from Pakistan than Italy included Afghanistan ($969M), Bangladesh ($690M), and Madagascar ($144M).

In 2023, countries that imported more from Italy than Pakistan included Germany ($71.4B), United States ($70.9B), and France ($61.1B).

Difference in imports from Italy () and Pakistan () (2023)

Comparative Advantage Pakistan - Italy

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

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

During 2023, Pakistan had a large net trade with Italy in the exports of Textiles ($779M), Vegetable Products ($116M), and Foodstuffs ($77.4M).

During 2018, Italy had a large net trade with Pakistan in the exports of Machines ($197M), Chemical Products ($99.4M), and Metals ($28.5M).

Potential Exports

Depth

Section

HS2

HS4

View

Top 20

Top 15

Top 10

Sort By

Highest Potential

Most Saturated

Section

Top Product Potential Pakistan Italy+$49MNon-Knit Men's Suits

Top Product Potential Italy Pakistan+$35.5MPackaged Medicaments

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

Year

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

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Historical Data

Bilateral Trade by Products

Exports from Pakistan () to Italy () (2023)

Exports from Italy () to Pakistan () (2023)

Latest Data

Trade between Pakistan () and Italy ()

Pakistan Exports

Italy Exports

Market Competitiveness

Difference in imports from Italy () and Pakistan () (2023)

Comparative Advantage Pakistan - Italy

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Pakistan () and Italy () (2023)

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