2022
Exports
$2.06MWorld Rnk 73 / 213
Flag Rnk 386 / 1124
2022
PRODUCT COMPLEXITY IN Interchangeable Tool Parts
1.7Rnk 24 / 1025
2022
Imports
$34.7MWorld Rnk 67 / 225
Flag Rnk 253 / 1187
2022
ECONOMIC COMPLEXITY of Pakistan
-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $2.06M in Interchangeable Tool Parts, making it the 73rd largest exporter of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 386th most exported product in Pakistan. The main destination of Interchangeable Tool Parts exports from Pakistan are: United Arab Emirates ($461k), Saudi Arabia ($226k), Oman ($204k), Canada ($183k), and United States ($175k).

The fastest growing export markets for Interchangeable Tool Parts of Pakistan between 2021 and 2022 were Oman ($179k), Angola ($148k), and Saudi Arabia ($128k).

Imports In 2022, Pakistan imported $34.7M in Interchangeable Tool Parts, becoming the 67th largest importer of Interchangeable Tool Parts in the world. At the same year, Interchangeable Tool Parts was the 253rd most imported product in Pakistan. Pakistan imports Interchangeable Tool Parts primarily from: China ($15.5M), United States ($4.69M), Japan ($3.17M), South Korea ($1.62M), and United Arab Emirates ($1.57M).

The fastest growing import markets in Interchangeable Tool Parts for Pakistan between 2021 and 2022 were Japan ($1.93M), Indonesia ($713k), and United States ($290k).

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 Interchangeable Tool Parts. 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)$2.06M
IMPORTS (2022)$34.7M
NET TRADE (2022)-$32.6M

In 2022, Pakistan exported $2.06M in Interchangeable Tool Parts. The main destinations of Pakistan exports on Interchangeable Tool Parts were United Arab Emirates ($461k), Saudi Arabia ($226k), Oman ($204k), Canada ($183k), and United States ($175k).

In 2022, Pakistan imported $34.7M in Interchangeable Tool Parts, mainly from China ($15.5M), United States ($4.69M), Japan ($3.17M), South Korea ($1.62M), and United Arab Emirates ($1.57M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Interchangeable Tool Parts EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
Oman$179k (728%)
Angola$148k (1%)
Saudi Arabia$128k (129%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Interchangeable Tool Parts BY Pakistan WERE (2021 - 2022):
United Arab Emirates-$538k (-53.9%)
Bahrain-$124k (-93.8%)
Spain-$48.7k (-90.3%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Pakistan's main exporting competitors in Interchangeable Tool Parts were:
In 2022, Pakistan's main importing competitors in Interchangeable Tool Parts were:

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Trade Value of Interchangeable Tool Parts by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $491k
TOP IMPORT POTENTIALChina+ $13.8M

Interchangeable Tool Parts’s highest export potential is United States. With an export gap of $491k.   Interchangeable Tool Parts’s highest import potential is China with an import gap of $13.8M.

See methodology.

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