2022
Exports
$39.9MWorld Rnk 36 / 128
Flag Rnk 105 / 1124
2022
PRODUCT COMPLEXITY IN Iron Ore
-1.79Rnk 980 / 1025
2022
Imports
$11.6kWorld Rnk 106 / 130
Flag Rnk 1133 / 1187
2022
ECONOMIC COMPLEXITY of Pakistan
-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $39.9M in Iron Ore, making it the 36th largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 105th most exported product in Pakistan. The main destination of Iron Ore exports from Pakistan are: China ($22.5M), Oman ($17.3M), Germany ($3.61k), Netherlands ($495), and United Arab Emirates ($67).

The fastest growing export markets for Iron Ore of Pakistan between 2021 and 2022 were Oman ($17.3M), Germany ($3.61k), and Netherlands ($270).

Imports In 2022, Pakistan imported $11.6k in Iron Ore, becoming the 106th largest importer of Iron Ore in the world. At the same year, Iron Ore was the 1133rd most imported product in Pakistan. Pakistan imports Iron Ore primarily from: Vietnam ($5.5k), China ($5.44k), and Afghanistan ($645).

The fastest growing import markets in Iron Ore for Pakistan between 2021 and 2022 were Afghanistan ($645) and Vietnam ($640).

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 Iron Ore. 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)$39.9M
IMPORTS (2022)$11.6k
NET TRADE (2022)$39.9M

In 2022, Pakistan exported $39.9M in Iron Ore. The main destinations of Pakistan exports on Iron Ore were China ($22.5M), Oman ($17.3M), Germany ($3.61k), Netherlands ($495), and United Arab Emirates ($67).

In 2022, Pakistan imported $11.6k in Iron Ore, mainly from Vietnam ($5.5k), China ($5.44k), and Afghanistan ($645).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
Oman$17.3M (1%)
Germany$3.61k (1%)
Netherlands$270 (120%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Ore BY Pakistan WERE (2021 - 2022):
China-$17.4M (-43.5%)
Canada-$90 (-73.2%)
Belgium-$53 (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Pakistan's main exporting competitors in Iron Ore were:
Brazil $30.1B
Canada $6.81B
In 2022, Pakistan's main importing competitors in Iron Ore were:

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Trade Value of Iron Ore by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $52.4M
TOP IMPORT POTENTIALChina+ $20.9k

Iron Ore’s highest export potential is China. With an export gap of $52.4M.   Iron Ore’s highest import potential is China with an import gap of $20.9k.

See methodology.

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