What Pakistan exported in 2016. Worth $27.8 billion. Top 3: ICT, House linen, rice | Source: Harvard CID Atlas
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Center for International Development at Harvard University (CID) is a good resource in predicting economic growth over the next 10 years. According to CID, Pakistan is predicted to grow by 6 percent over 10 years. We had broken the story for Express Tribune in 2017.
What most Pakistani readers do not know is that CID’s Atlas of Economic Complexity has some very useful data visualisations on Pakistan’s exports since 1995.
Since many people do not access CID website and they come to this blog for visual information on Pakistan economy, we have taken the liberty of reproducing screen grabs of four years of Pakistan exports.
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Where did Pakistan export to in 2016.Top 3: US, China, Germany | Source: Harvard CID Atlas
Another useful resource is MIT’s The Observatory of Economic Complexity (OEC) which produces similar data visualisations. An OEC summary of Pakistan as an exporting country is produced below. The annual export dollar amounts reported may differ between Harvard and MIT visualisations. Please check out their methodology.
Pakistan’s exports at a glance. Source: MIT’s OEC
Pakistan is the 66th largest export economy in the world. In 2016, Pakistan exported $24.2B and imported $48.1B, resulting in a negative trade balance of $23.9B.
The top exports of Pakistan are House Linens ($3.02B), Rice ($1.79B), Non-Knit Men’s Suits ($1.58B), Non-Retail Pure Cotton Yarn ($1.28B) and Heavy Pure Woven Cotton ($1B), using the 1992 revision of the HS (Harmonized System) classification.
The top export destinations of Pakistan are the United States ($3.58B), China ($1.94B), Germany ($1.7B), Afghanistan ($1.68B) and the United Kingdom ($1.43B).
What Pakistan exported in 2015. Worth $30.7 billion. Top 3: ICT, House linen, rice | Source: Harvard CID Atlas
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What Pakistan exported in 2014. Worth $33.5 billion. Top 3: ICT, House linen, rice | Source: Harvard CID Atlas
What Pakistan exported in 2013. Worth $32 billion. Top 3: ICT, House linen, Cotton yarn | Source: Harvard CID Atlas
What did Pakistan export between 1995 and 2016.Top 3: Textiles and furniture, vegetables, foodstuff and wood, minerals | Source: Harvard CID Atlas
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Please see our earlier 2017 post on Pakistan exports. You can also download the full list of top 100 Pakistani exporters in Excel during 2017-18 fiscal.
Pakistan exports, in US dollars 1967-2015. Highest point: Worth $30.7B in 2013.
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