2022
Exports
$547MWorld Rnk 52 / 226
Flag Rnk 11 / 21
2022
PRODUCT COMPLEXITY IN Instruments
2.12Rnk 3 / 1025
2022
Imports
$1.18BWorld Rnk 56 / 226
Flag Rnk 10 / 21
2022
ECONOMIC COMPLEXITY of Pakistan
-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $547M in Instruments, making it the 52nd largest exporter of Instruments in the world. At the same year, Instruments was the 11th most exported product in Pakistan. The main destination of Instruments exports from Pakistan are: United States ($143M), Germany ($64.3M), Mexico ($59.4M), United Kingdom ($40.5M), and China ($19.8M).

The fastest growing export markets for Instruments of Pakistan between 2021 and 2022 were Mexico ($29.5M), United States ($5.74M), and Kuwait ($5.61M).

Imports In 2022, Pakistan imported $1.18B in Instruments, becoming the 56th largest importer of Instruments in the world. At the same year, Instruments was the 10th most imported product in Pakistan. Pakistan imports Instruments primarily from: China ($341M), Germany ($99.7M), United States ($83.4M), Netherlands ($80.3M), and Japan ($74M).

The fastest growing import markets in Instruments for Pakistan between 2021 and 2022 were Turkey ($38.6M), France ($36M), and Germany ($12.1M).

COMPANIES In 2023, leading companies such as Jo-Ann Stores (13), Sobel Westex (3), and Reebok (1) were at the forefront of shipping Instruments from Pakistan to the United States.

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 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)$547M
IMPORTS (2022)$1.18B
NET TRADE (2022)-$631M

In 2022, Pakistan exported $547M in Instruments. The main destinations of Pakistan exports on Instruments were United States ($143M), Germany ($64.3M), Mexico ($59.4M), United Kingdom ($40.5M), and China ($19.8M).

In 2022, Pakistan imported $1.18B in Instruments, mainly from China ($341M), Germany ($99.7M), United States ($83.4M), Netherlands ($80.3M), and Japan ($74M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Instruments EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
Mexico$29.5M (98.6%)
United States$5.74M (4.18%)
Kuwait$5.61M (520%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Instruments BY Pakistan WERE (2021 - 2022):
Czechia-$2.91M (-26.9%)
China-$2.82M (-12.5%)
Malaysia-$2.54M (-49.5%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Pakistan's main exporting competitors in Instruments were:
In 2022, Pakistan's main importing competitors in Instruments were:

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Trade Value of Instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $126M
TOP IMPORT POTENTIALChina+ $284M

Instruments’s highest export potential is United States. With an export gap of $126M.   Instruments’s highest import potential is China with an import gap of $284M.

See methodology.

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