2022
Exports
$42.1kWorld Rnk 63 / 84
Flag Rnk 860 / 1124
2022
PRODUCT COMPLEXITY IN Scrap Vessels
-1.24Rnk 890 / 1025
2022
Imports
$240MWorld Rnk 3 / 100
Flag Rnk 47 / 1187
2022
ECONOMIC COMPLEXITY of Pakistan
-0.45Rnk 84 / 133

About

Exports In 2022, Pakistan exported $42.1k in Scrap Vessels, making it the 63rd largest exporter of Scrap Vessels in the world. At the same year, Scrap Vessels was the 860th most exported product in Pakistan. The main destination of Scrap Vessels exports from Pakistan are: United Arab Emirates ($33.4k), Italy ($3.79k), Sri Lanka ($2.48k), and Greece ($2.42k).

The fastest growing export markets for Scrap Vessels of Pakistan between 2021 and 2022 were United Arab Emirates ($5.71k), Sri Lanka ($2.48k), and Greece ($2.42k).

Imports In 2022, Pakistan imported $240M in Scrap Vessels, becoming the 3rd largest importer of Scrap Vessels in the world. At the same year, Scrap Vessels was the 47th most imported product in Pakistan. Pakistan imports Scrap Vessels primarily from: United Arab Emirates ($141M), Egypt ($19.2M), Indonesia ($15.7M), Saudi Arabia ($14.6M), and Malaysia ($11.3M).

The fastest growing import markets in Scrap Vessels for Pakistan between 2021 and 2022 were Saudi Arabia ($13.7M), Sri Lanka ($8.9M), and Egypt ($5.99M).

Latest Trends

Jul 2024

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 Scrap Vessels. 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 (2022)$42.1k
IMPORTS (2022)$240M
NET TRADE (2022)-$240M

In 2022, Pakistan exported $42.1k in Scrap Vessels. The main destinations of Pakistan exports on Scrap Vessels were United Arab Emirates ($33.4k), Italy ($3.79k), Sri Lanka ($2.48k), and Greece ($2.42k).

In 2022, Pakistan imported $240M in Scrap Vessels, mainly from United Arab Emirates ($141M), Egypt ($19.2M), Indonesia ($15.7M), Saudi Arabia ($14.6M), and Malaysia ($11.3M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Scrap Vessels EXPORT MARKETS FOR Pakistan WERE (2021 - 2022):
United Arab Emirates$5.71k (20.6%)
Sri Lanka$2.48k (1%)
Greece$2.42k (1%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Scrap Vessels BY Pakistan WERE (2021 - 2022):
Italy-$13.4k (-78%)
Singapore-$7.7k (-100%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Pakistan's main exporting competitors in Scrap Vessels were:
In 2022, Pakistan's main importing competitors in Scrap Vessels were:

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Trade Value of Scrap Vessels by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALIndia+ $2.45k
TOP IMPORT POTENTIALChina+ $2.37M

Scrap Vessels’s highest export potential is India. With an export gap of $2.45k.   Scrap Vessels’s highest import potential is China with an import gap of $2.37M.

See methodology.

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