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2022
Exports $329MWorld Rnk 60 / 149
Flag Rnk 23 / 1124
2022
Destination $136M Thailand
2021 - 2022
FASTEST GROWING MARKET $136MThailand
2022
PRODUCT COMPLEXITY IN Crude Petroleum-2.25Rnk 1011 / 1025
2022
Imports $5.23BWorld Rnk 29 / 158
Flag Rnk 2 / 1187
2022
Origin $914M Saudi Arabia
2021 - 2022
FASTEST GROWING ORIGIN $914MUnited Arab Emirates
2022
ECONOMIC COMPLEXITY of Pakistan-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $329M in Crude Petroleum, making it the 60th largest exporter of Crude Petroleum in the world. At the same year, Crude Petroleum was the 23rd most exported product in Pakistan. The main destination of Crude Petroleum exports from Pakistan are: Thailand ($191M), Singapore ($70.4M), Australia ($48.1M), United Arab Emirates ($18.3M), and Afghanistan ($1.35M).

The fastest growing export markets for Crude Petroleum of Pakistan between 2021 and 2022 were Thailand ($136M), Singapore ($51.8M), and Australia ($48.1M).

Imports In 2022, Pakistan imported $5.23B in Crude Petroleum, becoming the 29th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 2nd most imported product in Pakistan. Pakistan imports Crude Petroleum primarily from: Saudi Arabia ($2.77B), United Arab Emirates ($2.29B), Kuwait ($171M), and Netherlands ($1).

The fastest growing import markets in Crude Petroleum for Pakistan between 2021 and 2022 were United Arab Emirates ($914M) and Saudi Arabia ($890M).

Latest Trends

Sep 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 Crude Petroleum. 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)$329M
IMPORTS (2022)$5.23B
NET TRADE (2022)-$4.9B

In 2022, Pakistan exported $329M in Crude Petroleum. The main destinations of Pakistan exports on Crude Petroleum were Thailand ($191M), Singapore ($70.4M), Australia ($48.1M), United Arab Emirates ($18.3M), and Afghanistan ($1.35M).

In 2022, Pakistan imported $5.23B in Crude Petroleum, mainly from Saudi Arabia ($2.77B), United Arab Emirates ($2.29B), Kuwait ($171M), and Netherlands ($1).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Crude Petroleum EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
Thailand$136M (244%)
Singapore$51.8M (279%)
Australia$48.1M (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Crude Petroleum BY Pakistan WERE (2021 - 2022):
Malaysia-$24.9M (-100%)
Papua New Guinea-$20M (-100%)
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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 Crude Petroleum were:
Saudi Arabia $236B
Russia $133B
Canada $123B
In 2022, Pakistan's main importing competitors in Crude Petroleum were:
China $287B
United States $199B
India $170B

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Trade Value of Crude Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSingapore+ $47.1M
TOP IMPORT POTENTIALKuwait+ $141M

Crude Petroleum’s highest export potential is Singapore. With an export gap of $47.1M.   Crude Petroleum’s highest import potential is Kuwait with an import gap of $141M.

See methodology.

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