Key Market Indicators
Pakistani transformer exports are projected to decrease by 6% per year on average to reach $1.85 billion by 2026. This compares to $2.64 billion in 2021 and is 8.9% lower than in 2008. Pakistan was the 79th largest exporter in 2021, with Peru overtaking it at $2.64 billion. Germany, the US and Japan were the second, third and fourth largest exporters, respectively. Imports of Pakistani transformers are expected to grow by 3% per year on average to reach $421.4 million by 2026. This is up from $352 million in 2021 and 4.3% higher than in 2008. Pakistan was the 40th largest importer in 2021, with Algeria taking the lead at $352 million. China, Germany and Mexico were the second, third and fourth largest importers, respectively.
