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2022
Exports $150kWorld Rnk 59 / 167
Flag Rnk 712 / 1124
2022
Destination $63.9k United Arab Emirates
2021 - 2022
FASTEST GROWING MARKET $63.9kUnited Arab Emirates
2022
PRODUCT COMPLEXITY IN Electric Musical Instruments0.55Rnk 344 / 1025
2022
Imports $207kWorld Rnk 126 / 210
Flag Rnk 1037 / 1187
2022
Origin $60k China
2021 - 2022
FASTEST GROWING ORIGIN $60kDenmark
2022
ECONOMIC COMPLEXITY of Pakistan-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $150k in Electric Musical Instruments, making it the 59th largest exporter of Electric Musical Instruments in the world. At the same year, Electric Musical Instruments was the 712th most exported product in Pakistan. The main destination of Electric Musical Instruments exports from Pakistan are: United Arab Emirates ($63.9k), United States ($25.6k), United Kingdom ($21.2k), Ireland ($19.1k), and Germany ($7.74k).

The fastest growing export markets for Electric Musical Instruments of Pakistan between 2021 and 2022 were United Arab Emirates ($63.9k), United Kingdom ($17.1k), and Germany ($7.74k).

Imports In 2022, Pakistan imported $207k in Electric Musical Instruments, becoming the 126th largest importer of Electric Musical Instruments in the world. At the same year, Electric Musical Instruments was the 1037th most imported product in Pakistan. Pakistan imports Electric Musical Instruments primarily from: China ($82.4k), Denmark ($60k), United Arab Emirates ($54.7k), Germany ($4.84k), and Malaysia ($2.02k).

The fastest growing import markets in Electric Musical Instruments for Pakistan between 2021 and 2022 were Denmark ($60k), Germany ($4.84k), and Malaysia ($1.58k).

Latest Trends

Jul 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 Electric Musical Instruments. 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)$150k
IMPORTS (2022)$207k
NET TRADE (2022)-$57.4k

In 2022, Pakistan exported $150k in Electric Musical Instruments. The main destinations of Pakistan exports on Electric Musical Instruments were United Arab Emirates ($63.9k), United States ($25.6k), United Kingdom ($21.2k), Ireland ($19.1k), and Germany ($7.74k).

In 2022, Pakistan imported $207k in Electric Musical Instruments, mainly from China ($82.4k), Denmark ($60k), United Arab Emirates ($54.7k), Germany ($4.84k), and Malaysia ($2.02k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Electric Musical Instruments EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
United Arab Emirates$63.9k (1%)
United Kingdom$17.1k (422%)
Germany$7.74k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Electric Musical Instruments BY Pakistan WERE (2021 - 2022):
Ireland-$3.1k (-13.9%)
Thailand-$2.44k (-95%)
United States-$2.33k (-8.33%)
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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 Electric Musical Instruments were:
China $1.03B
Indonesia $664M
Germany $306M
In 2022, Pakistan's main importing competitors in Electric Musical Instruments were:
United States $726M
Germany $398M
Japan $210M

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Trade Value of Electric Musical Instruments by Exporters

Potential Exports

Potential Exports

Flow
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TOP EXPORT POTENTIALUnited States+ $66.4k
TOP IMPORT POTENTIALChina+ $190k

Electric Musical Instruments’s highest export potential is United States. With an export gap of $66.4k.   Electric Musical Instruments’s highest import potential is China with an import gap of $190k.

See methodology.

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