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Pakistan

U.S.-Pakistan Trade Facts

In 2018, Pakistan GDP was an estimated $312.6 billion (current market exchange rates); real GDP was up by an estimated 5.2%; and the population was 201 million. (Source: IMF)

Pakistan is currently our 56th largest goods trading partner with $6.6 billion in total (two way) goods trade during 2018. Goods exports totaled $2.8 billion; goods imports totaled $3.7 billion. The U.S. goods trade deficit with Pakistan was $860 million in 2018.

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' 55th largest goods export market in 2018.
     
  • U.S. goods exports to Pakistan in 2018 were $2.8 billion, up 1.4% ($41 million) from 2017 and up 50.1% from 2008. 

  • The top export categories (2-digit HS) in 2018 were: miscellaneous grain, seeds, fruit (soybeans) ($624 million), cotton ($612 million), iron and steel ($225 million), machinery ($211 million), and optical and medical instruments ($117 million).

  • U.S. total exports of agricultural products to Pakistan totaled $1.4 billion in 2018. Leading domestic export categories include: soybeans ($619 million), cotton ($612 million), tree nuts ($49 million), dairy products ($38 million), and planting seeds ($37 million).

Imports

  • Pakistan was the United States' 58th largest supplier of goods imports in 2018.
     
  • U.S. goods imports from Pakistan totaled $3.7 billion in 2018, up 3.8% ($135 million) from 2017, and up 3.3% from 2008. 

  • The top import categories (2-digit HS) in 2018 were: miscellaneous textile articles ($1.3 billion), knit apparel ($808 million), woven apparel ($585 million), leather products ($121 million), and cotton ($112 million).

  • U.S. total imports of agricultural products from Pakistan totaled $126 million in 2018. Leading categories include: rice ($31 million), sugars, sweeteners, bev bases ($30 million), spices ($19 million), processed fruit & vegetables ($9 million), and snack foods ($7 million).

Trade Balance

  • The U.S. goods trade deficit with Pakistan was $860 million in 2018, a 12.4% increase ($95 million) over 2017.

Investment

  • U.S. foreign direct investment (FDI) in Pakistan (stock) was $386 million in 2018, a 25.5% decrease from 2017. There is no information on the distribution of U.S. FDI in Pakistan.

  • Pakistan's FDI in the United States (stock) was $163 million in 2018, down 27.2% from 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

2008

2013

2014

2015

2016

2017

2018

Total

2.1

2.6

5.5

5.3

5.2

5.5

5.6

6.4

6.6

Exports

0.9

0.5

1.9

1.6

1.5

1.8

2.1

2.8

2.8

Imports

1.2

2.2

3.6

3.7

3.7

3.7

3.4

3.6

3.7

Balance

-0.3

-1.7

-1.7

-2.0

-2.2

-1.9

-1.3

-0.8

-0.9

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

 

1995

2000

2008

2013

2014

2015

2016

2017

2018

Total

0.5

0.1

0.4

0.5

0.4

0.6

0.7

1.1

1.6

Exports

0.5

0.1

0.3

0.4

0.3

0.4

0.6

1.0

1.4

Imports

0.0

0.0

0.1

0.1

0.1

0.1

0.1

0.1

0.1

Balance

0.4

0.0

0.2

0.3

0.1

0.3

0.5

0.9

1.3

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

 

1995

2000

2008

2013

2014

2015

2016

2017

2018

Total

NA

2.5

5.1

4.7

4.6

4.9

4.6

5.0

4.7

Exports

NA

0.4

1.5

1.1

1.0

1.3

1.3

1.5

1.1

Imports

NA

2.1

3.5

3.6

3.6

3.6

3.3

3.5

3.6

Balance

NA

-1.8

-2.0

-2.5

-2.6

-2.3

-2.0

-2.0

-2.5

Last updated: September 18, 2019