2022
Exports
$5.15MWorld Rnk 45 / 200
Flag Rnk 80 / 96
2022
PRODUCT COMPLEXITY IN Musical instruments
1.43Rnk 66 / 1025
2022
Imports
$2.25MWorld Rnk 95 / 224
Flag Rnk 93 / 96
2022
ECONOMIC COMPLEXITY of Pakistan
-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $5.15M in Musical instruments, making it the 45th largest exporter of Musical instruments in the world. At the same year, Musical instruments was the 80th most exported product in Pakistan. The main destination of Musical instruments exports from Pakistan are: United States ($1.13M), Germany ($981k), France ($672k), United Kingdom ($660k), and Ireland ($410k).

The fastest growing export markets for Musical instruments of Pakistan between 2021 and 2022 were United States ($327k), United Kingdom ($166k), and Germany ($111k).

Imports In 2022, Pakistan imported $2.25M in Musical instruments, becoming the 95th largest importer of Musical instruments in the world. At the same year, Musical instruments was the 93rd most imported product in Pakistan. Pakistan imports Musical instruments primarily from: China ($1.99M), United Arab Emirates ($95.6k), Denmark ($60k), United States ($42.6k), and Indonesia ($27.2k).

The fastest growing import markets in Musical instruments for Pakistan between 2021 and 2022 were Denmark ($60k), United States ($19.2k), and Germany ($6.81k).

COMPANIES In 2023, leading companies such as Sobel Westex (1) were at the forefront of shipping Musical instruments from Pakistan to the United States.

Latest Trends

Jul 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 Musical 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)$5.15M
IMPORTS (2022)$2.25M
NET TRADE (2022)$2.9M

In 2022, Pakistan exported $5.15M in Musical instruments. The main destinations of Pakistan exports on Musical instruments were United States ($1.13M), Germany ($981k), France ($672k), United Kingdom ($660k), and Ireland ($410k).

In 2022, Pakistan imported $2.25M in Musical instruments, mainly from China ($1.99M), United Arab Emirates ($95.6k), Denmark ($60k), United States ($42.6k), and Indonesia ($27.2k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Musical instruments EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
United States$327k (41%)
United Kingdom$166k (33.6%)
Germany$111k (12.8%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Musical instruments BY Pakistan WERE (2021 - 2022):
France-$189k (-21.9%)
Canada-$107k (-76.6%)
Austria-$46.8k (-94%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Pakistan's main exporting competitors in Musical instruments were:
China $2.53B
Germany $1.01B
In 2022, Pakistan's main importing competitors in Musical instruments were:

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Trade Value of Musical instruments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $1.18M
TOP IMPORT POTENTIALChina+ $1.61M

Musical instruments’s highest export potential is United States. With an export gap of $1.18M.   Musical instruments’s highest import potential is China with an import gap of $1.61M.

See methodology.

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