Pakistan exports at a glance 2013-20
Center for International Development at Harvard University (CID) is a useful resource in predicting economic growth over the next 10 years.
Back in 2016 before Panama happened in Pakistan, and we had broken the story for Express Tribune in 2017, Pakistan GDP was predicted to grow by 6 percent over 10 years, according to CID. In 2022, the CID's Growth Projections foresee GDP growth in Pakistan of 4.3% annually over the coming decade.
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 these past years of Pakistan exports.
Similarly, we can also see which destinations Pakistan export to. In 2020, top three destinations were: US, China and Germany (image below). Source: Harvard CID Atlas.
What is the share of the global market Pakistan exports capture? Below is the snapshot from CID Harvard.
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.
According to OEC, in 2020, the top exports of Pakistan are House Linens ($3.61B), Rice ($2.14B), Non-Knit Men's Suits ($1.8B), Non-Knit Women's Suits ($1.06B), and Knit Sweaters ($950M), exporting mostly to USA and Europe/UK.