2022
Exports
$1.56BWorld Rnk 54 / 214
Flag Rnk 5 / 1124
2022
PRODUCT COMPLEXITY IN Refined Petroleum
-0.87Rnk 795 / 1025
2022
Imports
$6.98BWorld Rnk 41 / 225
Flag Rnk 1 / 1187
2022
ECONOMIC COMPLEXITY of Pakistan
-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $1.56B in Refined Petroleum, making it the 54th largest exporter of Refined Petroleum in the world. At the same year, Refined Petroleum was the 5th most exported product in Pakistan. The main destination of Refined Petroleum exports from Pakistan are: United Arab Emirates ($1.07B), South Korea ($204M), Chinese Taipei ($189M), Japan ($47.6M), and China ($24M).

The fastest growing export markets for Refined Petroleum of Pakistan between 2021 and 2022 were United Arab Emirates ($872M), Chinese Taipei ($134M), and South Korea ($84.8M).

Imports In 2022, Pakistan imported $6.98B in Refined Petroleum, becoming the 41st largest importer of Refined Petroleum in the world. At the same year, Refined Petroleum was the 1st most imported product in Pakistan. Pakistan imports Refined Petroleum primarily from: China ($2.06B), Kuwait ($2.04B), United Arab Emirates ($1.3B), Singapore ($491M), and Netherlands ($346M).

The fastest growing import markets in Refined Petroleum for Pakistan between 2021 and 2022 were Kuwait ($1.21B), China ($552M), and Netherlands ($228M).

COMPANIES In 2023, leading companies such as Reebok (11) were at the forefront of shipping Refined Petroleum from Pakistan to the United States.

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 Refined Petroleum. 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)$1.56B
IMPORTS (2022)$6.98B
NET TRADE (2022)-$5.42B

In 2022, Pakistan exported $1.56B in Refined Petroleum. The main destinations of Pakistan exports on Refined Petroleum were United Arab Emirates ($1.07B), South Korea ($204M), Chinese Taipei ($189M), Japan ($47.6M), and China ($24M).

In 2022, Pakistan imported $6.98B in Refined Petroleum, mainly from China ($2.06B), Kuwait ($2.04B), United Arab Emirates ($1.3B), Singapore ($491M), and Netherlands ($346M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Refined Petroleum EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
Chinese Taipei$134M (244%)
South Korea$84.8M (71.2%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Refined Petroleum BY Pakistan WERE (2021 - 2022):
Malaysia-$37M (-100%)
Colombia-$1.74M (-100%)
Indonesia-$517k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Refined Petroleum by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSouth Korea+ $98.3M
TOP IMPORT POTENTIALChina+ $831M

Refined Petroleum’s highest export potential is South Korea. With an export gap of $98.3M.   Refined Petroleum’s highest import potential is China with an import gap of $831M.

See methodology.

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