2023
Exports
$172MWorld Rnk 12 / 99
Flag Rnk 35 / 1129
2023
PRODUCT COMPLEXITY IN Iron Reductions
-1.12Rnk 860 / 1025
2023
Imports
$39.4MWorld Rnk 23 / 142
Flag Rnk 188 / 1174
2023
ECONOMIC COMPLEXITY of Pakistan
-0.55Rnk 89 / 132

About

Exports In 2023, Pakistan exported $172M in Iron Reductions, making it the 12th largest exporter of Iron Reductions in the world. At the same year, Iron Reductions was the 35th most exported product in Pakistan. The main destination of Iron Reductions exports from Pakistan are: Oman ($172M) and Libya ($189).

The fastest growing export markets for Iron Reductions of Pakistan between 2022 and 2023 were Libya ($189).

Imports In 2023, Pakistan imported $39.4M in Iron Reductions, becoming the 23rd largest importer of Iron Reductions in the world. At the same year, Iron Reductions was the 188th most imported product in Pakistan. Pakistan imports Iron Reductions primarily from: Oman ($39M), Kuwait ($225k), China ($97.2k), Iran ($83.5k), and Thailand ($17.4k).

The fastest growing import markets in Iron Reductions for Pakistan between 2022 and 2023 were Oman ($7.08M) and Greece ($8.38k).

Latest Trends

Dec 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 Reductions. 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 (2023)$172M
IMPORTS (2023)$39.4M
NET TRADE (2023)$132M

In 2023, Pakistan exported $172M in Iron Reductions. The main destinations of Pakistan exports on Iron Reductions were Oman ($172M) and Libya ($189).

In 2023, Pakistan imported $39.4M in Iron Reductions, mainly from Oman ($39M), Kuwait ($225k), China ($97.2k), Iran ($83.5k), and Thailand ($17.4k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Iron Reductions EXPORT MARKETS FOR Pakistan WERE (2022 - 2023):Libya$189 (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Iron Reductions BY Pakistan WERE (2022 - 2023):
Oman-$7.34M (-4.1%)
China-$5.5k (-100%)
Sweden-$198 (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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Flow
Type
In 2023, Pakistan's main exporting competitors in Iron Reductions were:
In 2023, Pakistan's main importing competitors in Iron Reductions were:

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Trade Value of Iron Reductions by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALChina+ $107k
TOP IMPORT POTENTIALChina+ $332k

Iron Reductions’s highest export potential is China. With an export gap of $107k.   Iron Reductions’s highest import potential is China with an import gap of $332k.

See methodology.

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