Pakistan exports at a glance 2013-18
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.
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 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).
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.