2022
Exports
$475kWorld Rnk 64 / 157
Flag Rnk 574 / 1124
2022
PRODUCT COMPLEXITY IN Silicone
1.72Rnk 20 / 1025
2022
Imports
$67.9MWorld Rnk 31 / 215
Flag Rnk 165 / 1187
2022
ECONOMIC COMPLEXITY of Pakistan
-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $475k in Silicone, making it the 64th largest exporter of Silicone in the world. At the same year, Silicone was the 574th most exported product in Pakistan. The main destination of Silicone exports from Pakistan are: Bahrain ($153k), Spain ($112k), Tanzania ($99.7k), Saudi Arabia ($24.8k), and Singapore ($20.5k).

The fastest growing export markets for Silicone of Pakistan between 2021 and 2022 were Spain ($36.9k), Saudi Arabia ($24.8k), and Tanzania ($17.4k).

Imports In 2022, Pakistan imported $67.9M in Silicone, becoming the 31st largest importer of Silicone in the world. At the same year, Silicone was the 165th most imported product in Pakistan. Pakistan imports Silicone primarily from: China ($41.6M), Germany ($12.2M), South Korea ($4.52M), United States ($1.86M), and Turkey ($1.77M).

The fastest growing import markets in Silicone for Pakistan between 2021 and 2022 were China ($8.63M), South Korea ($3.96M), and United States ($1.67M).

Latest Trends

Aug 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 Silicone. 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)$475k
IMPORTS (2022)$67.9M
NET TRADE (2022)-$67.4M

In 2022, Pakistan exported $475k in Silicone. The main destinations of Pakistan exports on Silicone were Bahrain ($153k), Spain ($112k), Tanzania ($99.7k), Saudi Arabia ($24.8k), and Singapore ($20.5k).

In 2022, Pakistan imported $67.9M in Silicone, mainly from China ($41.6M), Germany ($12.2M), South Korea ($4.52M), United States ($1.86M), and Turkey ($1.77M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Silicone EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
Spain$36.9k (49.2%)
Saudi Arabia$24.8k (1%)
Tanzania$17.4k (21.1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Silicone BY Pakistan WERE (2021 - 2022):
United Arab Emirates-$69.4k (-100%)
Bahrain-$42.9k (-21.9%)
United States-$27.8k (-97.7%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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

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Trade Value of Silicone by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALSpain+ $65.8k
TOP IMPORT POTENTIALChina+ $15.1M

Silicone’s highest export potential is Spain. With an export gap of $65.8k.   Silicone’s highest import potential is China with an import gap of $15.1M.

See methodology.

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