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Pakistan Trade Summary

2023

Pakistan exports, imports, tariff by year.

Country and Region
Year
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Please note the exports, imports and tariff data are based on reported data and not gap filled. Please check the Data Availability for coverage.

Imports/Exports


Products

TRADE SUMMARY FOR PAKISTAN 2023

Overall Exports and Imports for Pakistan 2023

Exports and imports of Pakistan in 2023 are below, along with number of countries and products

  • The total value of exports (FoB) was 28,746 million.
  • The total value of imports (CIF) was 50,009 million.
  • At the HS6 digit level, 2,934 products were exported to 204 countries and 3,890 products were imported from 202 countries.

Pakistan top 5 Export and Import partners 2023

Top five countries to which Pakistan exported in 2023 are below, along with the percent of total exports that went to that country:

  1. Pakistan exports to United States worth US$ 5,011 million, with a partner share of 17.43 percent.
  2. Pakistan exports to China worth US$ 2,743 million, with a partner share of 9.54 percent.
  3. Pakistan exports to United Kingdom worth US$ 1,975 million, with a partner share of 6.87 percent.
  4. Pakistan exports to Germany worth US$ 1,518 million, with a partner share of 5.28 percent.
  5. Pakistan exports to Netherlands worth US$ 1,443 million, with a partner share of 5.02 percent.

Top five countries from which Pakistan imported goods in 2023 are below, along with percent of total imports that came from the country :

  1. Pakistan imports from China worth US$ 11,695 million, with a partner share of 23.39 percent.
  2. Pakistan imports from United Arab Emirates worth US$ 4,821 million, with a partner share of 9.64 percent.
  3. Pakistan imports from Saudi Arabia worth US$ 4,476 million, with a partner share of 8.95 percent.
  4. Pakistan imports from Indonesia worth US$ 3,493 million, with a partner share of 6.98 percent.
  5. Pakistan imports from Qatar worth US$ 3,297 million, with a partner share of 6.59 percent.

Pakistan Top 5 Productsexports imports at HS 6 digit level 2023

The top five exported HS 6 digit level products to world by Pakistan along with trade value are:

  1. Pakistan exported Semi-milled or wholly milled rice , worth 2,110,844.64 (US$ Thousands).
  2. Pakistan exported Men's or boys' ensembles of cotton , worth 1,425,954.15 (US$ Thousands).
  3. Pakistan exported Bed linen of cotton (excl. printed, knitted or , worth 1,148,881.54 (US$ Thousands).
  4. Pakistan exported Toilet linen and kitchen linen, of terry fabric , worth 1,005,591.73 (US$ Thousands).
  5. Pakistan exported Bad linen of other textiles (excl. printed, kni , worth 873,658.26 (US$ Thousands).

The top five imported HS 6 digit level products from world by Pakistan along with trade value are

  1. Pakistan imported Petroleum oils, etc, (excl. crude); preparation , worth 6,481,278.83 (US$ Thousands).
  2. Pakistan imported Petroleum oils and oils obtained from bituminou , worth 4,797,216.15 (US$ Thousands).
  3. Pakistan imported Natural gas, liquefied , worth 3,667,018.67 (US$ Thousands).
  4. Pakistan imported Palm oil (excl. crude) and liquid fractions , worth 2,861,553.61 (US$ Thousands).
  5. Pakistan imported Transmission apparatus, for radioteleph incorpo , worth 1,157,629.71 (US$ Thousands).

Exports and Imports of Product Groups 2023

Exports and imports of products by stages of processing in 2023 are below along with their corresponding Product Share as percent of total export or import

Tariffs 2023

Tariffs imposed by Pakistan in 2023 are below

  • The maximum rate of tariff in percentage on any product was 100 percent.
  • The simple average tariff across all products was 11.04 percent.
  • The trade weighted average tariff was 7.23 .
  • The total duty free imports in thousands of US dollars were 10,903,746.07 and duty free tariff line items share was 28.37 percent.

Development Indicators 2023

Key Development Indicators of Pakistan in 2023 are below

  • Pakistan GDP in current US dollar was 337,886 million.
  • GNI per capita, Atlas method (current US$) was 1,460.00 .
  • Pakistan Trade balance: as % of GDP was -7.64.
  • Trade balance in current US$ was -25,818.00 million.
  • Trade as percentage of GDP was 28.60 .
  • Trade in services as percentage of GDP was 5.07 .

Trade Indicators 2023

Trade Indicators for Pakistan in 2023 are below

  • Hirschman Herfindahl market concentration index was 0.06.
  • Index of export market penetration was 9.83.
  • World Growth in percentage was -3.13 and Pakistan Country Growth was -4.12 .