2023
Exports
$130kWorld Rnk 77 / 196
Flag Rnk 746 / 1129
2023
PRODUCT COMPLEXITY IN Wrenches
1.5Rnk 44 / 1025
2023
Imports
$7.91MWorld Rnk 62 / 221
Flag Rnk 457 / 1174
2023
ECONOMIC COMPLEXITY of Pakistan
-0.55Rnk 89 / 132

About

Exports In 2023, Pakistan exported $130k in Wrenches, making it the 77th largest exporter of Wrenches in the world. At the same year, Wrenches was the 746th most exported product in Pakistan. The main destination of Wrenches exports from Pakistan are: Sweden ($20.8k), Kuwait ($17.1k), South Africa ($12.9k), Nigeria ($11.7k), and Bahrain ($10.1k).

The fastest growing export markets for Wrenches of Pakistan between 2022 and 2023 were Sweden ($20.8k), Kuwait ($16.6k), and South Africa ($12.3k).

Imports In 2023, Pakistan imported $7.91M in Wrenches, becoming the 62nd largest importer of Wrenches in the world. At the same year, Wrenches was the 457th most imported product in Pakistan. Pakistan imports Wrenches primarily from: China ($7.22M), United States ($138k), United Arab Emirates ($133k), Chinese Taipei ($113k), and Japan ($60.5k).

The fastest growing import markets in Wrenches for Pakistan between 2022 and 2023 were United States ($55k), Netherlands ($20.1k), and Sweden ($18k).

Latest Trends

Jan 2025

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 Wrenches. 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)$130k
IMPORTS (2023)$7.91M
NET TRADE (2023)-$7.78M

In 2023, Pakistan exported $130k in Wrenches. The main destinations of Pakistan exports on Wrenches were Sweden ($20.8k), Kuwait ($17.1k), South Africa ($12.9k), Nigeria ($11.7k), and Bahrain ($10.1k).

In 2023, Pakistan imported $7.91M in Wrenches, mainly from China ($7.22M), United States ($138k), United Arab Emirates ($133k), Chinese Taipei ($113k), and Japan ($60.5k).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Wrenches EXPORT MARKETS FOR Pakistan WERE (2022 - 2023):
Sweden$20.8k (1%)
Kuwait$16.6k (3.41k%)
South Africa$12.3k (2.18k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Wrenches BY Pakistan WERE (2022 - 2023):
Lithuania-$84.3k (-100%)
United States-$11.5k (-83%)
Spain-$4.49k (-100%)

Change in Exports by Market (2022 - 2023)

Market Concentration

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

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Trade Value of Wrenches by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $41.7k
TOP IMPORT POTENTIALChina+ $4.55M

Wrenches’s highest export potential is United States. With an export gap of $41.7k.   Wrenches’s highest import potential is China with an import gap of $4.55M.

See methodology.

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