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Pakistan

Pakistan ranked No. 56 in total trade value through March with a total of $1.74 billion. Exports totaled $765.39 million and Imports totaled $976.61 million, a deficit of $211.22 million.

January – March 2019

Top Trading Ports

Total Trade: $1.74 billion

RankPortTotal YTD
1Port of Savannah, Ga. $321,899,782
2Port of Newark $312,762,586
3Port of Los Angeles $174,773,988
4Port of Virginia $157,530,850
5Port of Charleston $129,455,616
6Port of Houston $110,820,791
7Port of New Orleans $62,365,219
8John F. Kennedy International Airport $55,638,785
9Port of New York $48,095,161
10Port of Oakland, Calif. $40,795,409

U.S. trade with Pakistan rose to $1.74 billion through March

Pakistan’s trade with the United States rose to $1.74 billion through the first three months of 2019, according to a WorldCity analysis of latest U.S. Census Bureau data. That’s 1.16 percent above its total trade during the same time period last year. Pakistan’s exports decreased 8.88 percent while imports rose 10.73 percent. The U.S. deficit with Pakistan was $211.22 million.

Through March, the top five among the nation’s airports, seaports and border crossings were No. 1 Port of Savannah, Ga.; No. 2 Port of Newark; No. 3 Port of Los Angeles; No. 4 Port of Virginia; and No. 5 Port of Charleston. During the same period the previous year, the top five were No. 1 Port of Savannah, Ga. No. 2 Port of Newark No. 3 Port of Los Angeles No. 4 Port of Houston and No. 5 Port of Charleston. In the current time period, the top five accounted for 62.94 percent of Pakistan’s U.S. trade.

Among those top five:

  • Trade with No. 1 Port of Savannah, Ga. fell 7.84 percent to $321.9 million.
    Exports fell 11.88 percent to $155.14 million. Imports fell 3.73 percent to $166.76 million.
  • Trade with No. 2 Port of Newark fell 1.36 percent to $312.76 million.
    Exports fell 51.33 percent to $15.95 million. Imports rose 4.4 percent to $296.81 million.
  • Trade with No. 3 Port of Los Angeles rose 27.46 percent to $174.77 million.
    Exports rose 77.21 percent to $64.45 million. Imports rose 9.5 percent to $110.32 million.
  • Trade with No. 4 Port of Virginia rose 56.55 percent to $157.53 million.
    Exports rose 5.97 percent to $57.8 million. Imports rose 116.42 percent to $99.73 million.
  • Trade with No. 5 Port of Charleston rose 14.39 percent to $129.46 million.
    Exports fell 12.05 percent to $39.55 million. Imports rose 31.82 percent to $89.9 million.

Pakistan ranked No. 56 among the United States’ top trade partners through the current period. In the same period one year ago, it ranked No. 54.

Meanwhile, total U.S. trade with the world increased to $1.01 trillion, up 0.65 percent compared to the same period last year. The nation’s exports climbed 1.42 percent to $408.22 billion; imports climbed 0.13 percent to $598.47 billion. The nation’s top five countries so far this year, by value, are Mexico; Canada; China; Japan and Germany. The overall trade deficit was $190.25 billion, down compared to the same period of last year when the deficit was $195.16 billion.

The top five U.S. exports to Pakistan by value through March were the categories of Cotton; Soybeans; Scrap iron, steel; Petroleum gases, other gaseous hydrocarbons; and Nonelectric rail locomotives, tenders, respectively. They accounted for 59.52 percent of total exports to Pakistan.

The value of the top five categories of U.S. imports from Pakistan –– Linens for bed, bath and kitchen; Women’s or girls’ suits, not knit; Misc. articles made from textile materials; Sweaters, pullovers, vests, knit or crocheted; and Men’s or boys’ slacks, suits, not knit –– accounted for 49.74 percent of all inbound shipments.

Looking more closely at U.S. exports to Pakistan:

  • Cotton fell 11.97 percent compared to last year to $279.68 million.
  • Soybeans fell 27.05 percent compared to last year to $71.28 million.
  • Scrap iron, steel fell 20.15 percent compared to last year to $44.4 million.
  • Petroleum gases, other gaseous hydrocarbons rose 9.23 percent compared to last year to $33.34 million.
  • Nonelectric rail locomotives, tenders totaled $26.83 million. The previous year, there were no exports in this category.

Looking more closely at U.S. imports from Pakistan:

  • Linens for bed, bath and kitchen rose 6.28 percent compared to last year to $253.1 million.
  • Women’s or girls’ suits, not knit fell 1.03 percent compared to last year to $67.28 million.
  • Misc. articles made from textile materials rose 2.95 percent compared to last year to $58.62 million.
  • Sweaters, pullovers, vests, knit or crocheted rose 34.8 percent compared to last year to $57.05 million.
  • Men’s or boys’ slacks, suits, not knit rose 8.58 percent compared to last year to $49.74 million.

In the latest annual figures available, Pakistan recorded $6.38 billion in trade with the United States. At year’s end, its were New York City; Atlanta/Savannah; Los Angeles; New Orleans; and Norfolk. Total U.S. exports to Pakistan were $ 2.81 billion and imports from Pakistan were $3.57 billion. The U.S. deficit with Pakistan was $764.94 million.