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Pakistan

Pakistan FlagU.S.-Pakistan Trade Facts

In 2017, Pakistan GDP was an estimated $304.0 billion (current market exchange rates); real GDP was up by an estimated 5.3%; and the population was 197 million. (Source: IMF)

Pakistan is currently our 56th largest goods trading partner with $6.4 billion in total (two way) goods trade during 2017. Goods exports totaled $2.8 billion; goods imports totaled $3.6 billion. The U.S. goods trade deficit with Pakistan was $766 million in 2017.

According to the Department of Commerce, U.S. exports of goods to Pakistan supported an estimated 10 thousand jobs in 2015 (latest data available).

Exports

  • Pakistan was the United States' 53rd largest goods export market in 2017.
  • U.S. goods exports to Pakistan in 2017 were $2.8 billion, up 33.2% ($700 million) from 2016 and up 44.5% from 2007. 
  • The top export categories (2-digit HS) in 2017 were: miscellaneous grain, seeds, fruit (soybeans) ($432 million), machinery ($314 million), cotton ($298 million), iron and steel ($279 million), and railway vehicles/equipment ($193 million).
  • U.S. total exports of agricultural products to Pakistan totaled $1.0 billion in 2017. Leading domestic export categories include: soybeans ($426 million), cotton ($297 million), tree nuts ($64 million), dairy products ($56 million), and planting seeds ($45 million).

Imports

  • Pakistan was the United States' 55th largest supplier of goods imports in 2017.
  • U.S. goods imports from Pakistan totaled $3.6 billion in 2017, up 3.8% ($131 million) from 2016, but down 0.1% from 2007. 
  • The top import categories (2-digit HS) in 2017 were: miscellaneous textile articles ($1.3 billion), knit apparel ($725 million), woven apparel ($572 million), leather products ($111 million), and cotton ($104 million).
  • U.S. total imports of agricultural products from Pakistan totaled $110 million in 2017. Leading categories include: sugars, sweeteners, bev bases ($34 million), rice ($27 million), spices ($14 million), snack foods ($6 million), and processed fruit & vegetables ($5 million).

Trade Balance

  • The U.S. goods trade deficit with Pakistan was $766 million in 2017, a 42.7% decrease ($570 million) over 2016.

Investment

  • U.S. foreign direct investment (FDI) in Pakistan (stock) was $518 million in 2017, a 25.7% increase from 2016. There is no information on the distribution of U.S. FDI in Pakistan.
  • Pakistan's FDI in the United States (stock) was $224 million in 2017. There is no information on the distribution of Pakistan FDI in the U.S.

NOTE: No services trade data with Pakistan are available.

 

U.S. Goods Trade with Pakistan (in billions of dollars)

 

1995

2000

2007

2012

2013

2014

2015

2016

2017

Total

2.1

2.6

5.5

5.2

5.3

5.2

5.5

5.6

6.4

Exports

0.9

0.5

1.9

1.5

1.6

1.5

1.8

2.1

2.8

Imports

1.2

2.2

3.6

3.6

3.7

3.7

3.7

3.4

3.6

Balance

-0.3

-1.7

-1.6

-2.1

-2.0

-2.2

-1.9

-1.3

-0.8

U.S. Agricultural Trade with Pakistan (in billions of dollars)

 

1995

2000

2007

2012

2013

2014

2015

2016

2017

Total

0.5

0.1

0.4

0.4

0.5

0.4

0.6

0.7

1.1

Exports

0.5

0.1

0.4

0.3

0.4

0.3

0.4

0.6

1.0

Imports

0.0

0.0

0.0

0.1

0.1

0.1

0.1

0.1

0.1

Balance

0.4

0.0

0.3

0.2

0.3

0.1

0.3

0.5

0.9

U.S. Manufacturing Trade with Pakistan (in billions of dollars)

 

1995

2000

2007

2012

2013

2014

2015

2016

2017

Total

NA

2.5

5.0

4.6

4.7

4.6

4.9

4.6

5.0

Exports

NA

0.4

1.5

1.0

1.1

1.0

1.3

1.3

1.5

Imports

NA

2.1

3.5

3.6

3.6

3.6

3.6

3.3

3.5

Balance

NA

-1.8

-2.0

-2.5

-2.5

-2.6

-2.3

-2.0

-2.0

 

Last updated: July 31, 2018