2022
Exports
$424kWorld Rnk 69 / 158
Flag Rnk 587 / 1124
2022
PRODUCT COMPLEXITY IN Industrial Furnaces
0.84Rnk 229 / 1025
2022
Imports
$49.6MWorld Rnk 28 / 213
Flag Rnk 207 / 1187
2022
ECONOMIC COMPLEXITY of Pakistan
-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $424k in Industrial Furnaces, making it the 69th largest exporter of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 587th most exported product in Pakistan. The main destination of Industrial Furnaces exports from Pakistan are: United Arab Emirates ($116k), Zimbabwe ($107k), South Africa ($95.6k), Saudi Arabia ($45.9k), and Oman ($31.2k).

The fastest growing export markets for Industrial Furnaces of Pakistan between 2021 and 2022 were South Africa ($95.6k), Oman ($31.1k), and Saudi Arabia ($13.9k).

Imports In 2022, Pakistan imported $49.6M in Industrial Furnaces, becoming the 28th largest importer of Industrial Furnaces in the world. At the same year, Industrial Furnaces was the 207th most imported product in Pakistan. Pakistan imports Industrial Furnaces primarily from: China ($40.7M), Italy ($2.11M), Austria ($1.18M), Spain ($1.01M), and France ($907k).

The fastest growing import markets in Industrial Furnaces for Pakistan between 2021 and 2022 were China ($5.08M), Austria ($1.1M), and Spain ($882k).

Latest Trends

Aug 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 Industrial Furnaces. 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)$424k
IMPORTS (2022)$49.6M
NET TRADE (2022)-$49.2M

In 2022, Pakistan exported $424k in Industrial Furnaces. The main destinations of Pakistan exports on Industrial Furnaces were United Arab Emirates ($116k), Zimbabwe ($107k), South Africa ($95.6k), Saudi Arabia ($45.9k), and Oman ($31.2k).

In 2022, Pakistan imported $49.6M in Industrial Furnaces, mainly from China ($40.7M), Italy ($2.11M), Austria ($1.18M), Spain ($1.01M), and France ($907k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Industrial Furnaces EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
South Africa$95.6k (1%)
Oman$31.1k (19.3k%)
Saudi Arabia$13.9k (43.6%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Industrial Furnaces BY Pakistan WERE (2021 - 2022):
Uganda-$122k (-100%)
United Arab Emirates-$88.3k (-43.3%)
Mozambique-$40.9k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Pakistan's main exporting competitors in Industrial Furnaces were:
China $1.77B
Italy $645M
In 2022, Pakistan's main importing competitors in Industrial Furnaces were:

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Trade Value of Industrial Furnaces by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSaudi Arabia+ $50.8k
TOP IMPORT POTENTIALChina+ $11M

Industrial Furnaces’s highest export potential is Saudi Arabia. With an export gap of $50.8k.   Industrial Furnaces’s highest import potential is China with an import gap of $11M.

See methodology.

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