{
  "template": "Corridor pair risk profile",
  "pageType": "Corridor pair risk profile",
  "source": "api",
  "generatedAt": "2026-08-29T11:48:24.667Z",
  "seo": {
    "title": "Pakistan exports to Iceland: Trade Route Risk | Yugalinks",
    "description": "Understand reported exports from Pakistan to Iceland, the product routes that need a closer look, and the conditions that may affect planning."
  },
  "publisher": {
    "name": "Yugalinks",
    "url": "https://www.yugalinks.com",
    "email": "support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  },
  "exporter": {
    "iso3": "PAK",
    "country_name": "Pakistan"
  },
  "importer": {
    "iso3": "ISL",
    "country_name": "Iceland"
  },
  "latestYear": 2024,
  "risk": {
    "exporter_iso3": "PAK",
    "importer_iso3": "ISL",
    "all_history_lane_count": 1,
    "current_lane_count": 1,
    "current_product_count": 1,
    "first_observed_last_year": 2024,
    "latest_data_year": 2024,
    "current_trade_usd": 43721.35904879176,
    "attention_trade_usd": 0,
    "critical_trade_usd": 0,
    "high_volatility_trade_usd": 0,
    "unrecovered_drawdown_trade_usd": 0,
    "declining_demand_trade_usd": 0,
    "concentrated_market_trade_usd": 0,
    "access_friction_trade_usd": 0,
    "buyer_macro_weakness_trade_usd": 0,
    "critical_lane_count": 0,
    "high_attention_lane_count": 0,
    "high_volatility_lane_count": 0,
    "unrecovered_drawdown_lane_count": 0,
    "declining_demand_lane_count": 0,
    "concentrated_market_lane_count": 0,
    "access_friction_lane_count": 0,
    "trade_weighted_volatility_cv": 0,
    "trade_weighted_below_peak_pct": 0,
    "product_concentration_hhi": 10000,
    "top1_product_share_pct": 100,
    "top3_product_share_pct": 100,
    "top_product_hs6": "870210",
    "top_product_trade_usd": 43721.35904879176,
    "top_product_description": "Vehicles: public transport type (carries 10 or more passengers), compression-ignition internal combustion piston engine (diesel or semi-diesel)",
    "top_attention_product_hs6": "",
    "top_attention_product_reason": "",
    "distance_km": 6921.0419921875,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "common_spoken_language_score": 0.08900000154972076,
    "has_reported_fta": 0,
    "avg_applied_tariff_pct": 3.9412890495353534,
    "avg_mfn_tariff_pct": 3.9412890495353534,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null,
    "buyer_biz_entry_days": 11.5,
    "buyer_biz_entry_cost_pct": null,
    "buyer_gdp_mn_latest": 25458.933916,
    "buyer_gdp_pc_latest": 68384,
    "buyer_population_latest": 372.295,
    "buyer_gdp_5y_cagr_pct": 5.884796260042391,
    "buyer_gdp_pc_5y_cagr_pct": 4.423582580964003,
    "buyer_population_5y_cagr_pct": 1.399313874282604,
    "buyer_investment_5y_avg_pct": 23.401999999999997,
    "buyer_savings_5y_avg_pct": 24.644,
    "buyer_macro_resilience_label": "Buyer macro trend resilient",
    "attention_trade_share_pct": 0,
    "critical_trade_share_pct": 0,
    "risk_driver_labels": [
      "concentrated_product_mix"
    ],
    "attention_level": "Stable",
    "primary_risk_reason": "Current trade remains materially below historical peaks",
    "buyer_gdp_mn_2024": 25458.933916,
    "buyer_gdp_pc_2024": 68384,
    "buyer_population_2024": 372.295
  },
  "history": [
    {
      "year": 1995,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 902965.0849520405,
      "yoy_growth_pct": null,
      "cagr_3y_pct": null
    },
    {
      "year": 1996,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 843505.1286423362,
      "yoy_growth_pct": -6.584967381420103,
      "cagr_3y_pct": null
    },
    {
      "year": 1997,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 714664.6368898241,
      "yoy_growth_pct": -15.274417117046745,
      "cagr_3y_pct": null
    },
    {
      "year": 1998,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 1160214.8061880637,
      "yoy_growth_pct": 62.34395075671384,
      "cagr_3y_pct": 8.714919491193562
    },
    {
      "year": 1999,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 816313.7771667263,
      "yoy_growth_pct": -29.641151551171742,
      "cagr_3y_pct": -1.0862957365756931
    },
    {
      "year": 2000,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 894184.5492174518,
      "yoy_growth_pct": 9.539318608709578,
      "cagr_3y_pct": 7.756040003174736
    },
    {
      "year": 2001,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 835382.9308354714,
      "yoy_growth_pct": -6.576004744595609,
      "cagr_3y_pct": -10.37089400459652
    },
    {
      "year": 2002,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 823656.2241160256,
      "yoy_growth_pct": -1.4037522537978853,
      "cagr_3y_pct": 0.29892680513790015
    },
    {
      "year": 2003,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 1173006.9157411759,
      "yoy_growth_pct": 42.41462413521913,
      "cagr_3y_pct": 9.468996539156137
    },
    {
      "year": 2004,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 1558253.3533836852,
      "yoy_growth_pct": 32.84263992587697,
      "cagr_3y_pct": 23.097951081960865
    },
    {
      "year": 2005,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 1580193.0241233618,
      "yoy_growth_pct": 1.4079655719678286,
      "cagr_3y_pct": 24.257149121873667
    },
    {
      "year": 2006,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 1645085.3715079231,
      "yoy_growth_pct": 4.106608901185438,
      "cagr_3y_pct": 11.934154369422846
    },
    {
      "year": 2007,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 1439817.655542106,
      "yoy_growth_pct": -12.477633046950265,
      "cagr_3y_pct": -2.6005566468967123
    },
    {
      "year": 2008,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 1138270.993029976,
      "yoy_growth_pct": -20.94339247413899,
      "cagr_3y_pct": -10.35793697932097
    },
    {
      "year": 2009,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 879279.8716185297,
      "yoy_growth_pct": -22.75302832078986,
      "cagr_3y_pct": -18.84544569607757
    },
    {
      "year": 2010,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 942036.6920319005,
      "yoy_growth_pct": 7.1372975134585515,
      "cagr_3y_pct": -13.186598158600116
    },
    {
      "year": 2011,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 1029896.6012475364,
      "yoy_growth_pct": 9.32659098725006,
      "cagr_3y_pct": -3.2800673559294946
    },
    {
      "year": 2012,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 1109674.8010372012,
      "yoy_growth_pct": 7.7462339125139,
      "cagr_3y_pct": 8.066113030083045
    },
    {
      "year": 2013,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 1079927.987272856,
      "yoy_growth_pct": -2.6806784957666085,
      "cagr_3y_pct": 4.658777911740342
    },
    {
      "year": 2014,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 1171154.509814539,
      "yoy_growth_pct": 8.44746349912251,
      "cagr_3y_pct": 4.377491850448756
    },
    {
      "year": 2015,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 1276723.3381471217,
      "yoy_growth_pct": 9.014082040233994,
      "cagr_3y_pct": 4.78529918676307
    },
    {
      "year": 2016,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 1622890.8229993805,
      "yoy_growth_pct": 27.11374300987115,
      "cagr_3y_pct": 14.542019519744986
    },
    {
      "year": 2017,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 1849829.4648730888,
      "yoy_growth_pct": 13.983604975612995,
      "cagr_3y_pct": 16.45885053080591
    },
    {
      "year": 2018,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 2045323.8694937788,
      "yoy_growth_pct": 10.568239307081328,
      "cagr_3y_pct": 17.009672328963
    },
    {
      "year": 2019,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 1908351.1837997476,
      "yoy_growth_pct": -6.696870248130049,
      "cagr_3y_pct": 5.54953671162679
    },
    {
      "year": 2020,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 1811011.1453063942,
      "yoy_growth_pct": -5.10074033121819,
      "cagr_3y_pct": -0.7044444285449147
    },
    {
      "year": 2021,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 2659523.5922723347,
      "yoy_growth_pct": 46.85296659631466,
      "cagr_3y_pct": 9.147532027579274
    },
    {
      "year": 2022,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 2799028.4677483286,
      "yoy_growth_pct": 5.245483660357331,
      "cagr_3y_pct": 13.618662437618688
    },
    {
      "year": 2023,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 3056419.548192655,
      "yoy_growth_pct": 9.19572928286021,
      "cagr_3y_pct": 19.059470988705684
    },
    {
      "year": 2024,
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "export_value_usd": 3175833.3715934693,
      "yoy_growth_pct": 3.9069840222500485,
      "cagr_3y_pct": 6.092484571741985
    }
  ],
  "riskLanes": [
    {
      "exporter_iso3": "PAK",
      "importer_iso3": "ISL",
      "hs_code": "870210",
      "hs_description": "Vehicles: public transport type (carries 10 or more passengers), compression-ignition internal combustion piston engine (diesel or semi-diesel)",
      "buyer_imports_latest_usd": 37368684.95757719,
      "current_below_peak_pct": 0,
      "lane_volatility_cv": 0,
      "attention_level": "Watch",
      "primary_risk_reason": "The lane has limited historical coverage",
      "risk_driver_labels": [
        "limited_history"
      ]
    }
  ],
  "accessProfile": {
    "year": 2024,
    "exporter_iso3": "PAK",
    "importer_iso3": "ISL",
    "distance_km": 7494,
    "shares_land_border": 0,
    "shares_official_language": 0,
    "shares_ethnic_language": 0,
    "shared_religion": 0,
    "shared_legal_system": 0,
    "shared_colonial_history": 0,
    "has_fta": 0,
    "rta_coverage_ratio": null,
    "exporter_is_wto": 1,
    "importer_is_wto": 1,
    "exporter_is_eu": 0,
    "importer_is_eu": 0,
    "importer_gdp_million_usd": 25458.933915999998,
    "importer_gdp_per_capita_usd": 68383.7653366282,
    "importer_population": 372.295,
    "importer_biz_entry_days": 11.5,
    "importer_biz_entry_cost_pct": 1.9,
    "exporter_gdp_million_usd": 346343.170486,
    "exporter_gdp_per_capita_usd": 1537.9363628504764,
    "avg_applied_tariff_pct": 3.9412890495353534,
    "avg_mfn_tariff_pct": 3.9412890495353534,
    "avg_preferential_tariff_pct": null,
    "tariff_advantage_pp": null
  },
  "sourceAttribution": {
    "publisher": "OECD",
    "dataset": "Balanced international merchandise trade statistics (BIMTS) - HS2017-6D",
    "year": 2025,
    "citation": "OECD (2025), Balanced international merchandise trade statistics (BIMTS) - HS2017-6D, OECD Data Explorer (accessed on 2026-08-29)",
    "sourceUrl": "https://data-explorer.oecd.org/",
    "dataflowUrl": "https://sdmx.oecd.org/sti-public/rest/dataflow/OECD.SDD.TPS/DSD_BIMTS_6D@DF_BIMTS_HS2017_6D/1.0",
    "termsUrl": "https://www.oecd.org/termsandconditions/",
    "terms": "OECD Terms & Conditions",
    "accessed": "2026-08-29",
    "supportingSources": [
      {
        "publisher": "CEPII",
        "dataset": "BACI bilateral trade flows",
        "release": "202601",
        "citation": "Gaulier, G. and Zignago, S. (2010), BACI: International Trade Database at the Product-Level. The 1994-2007 Version, CEPII Working Paper No. 2010-23.",
        "sourceUrl": "https://www.cepii.fr/DATA_DOWNLOAD/baci/doc/baci_webpage.html",
        "datasetUrl": "https://www.cepii.fr/CEPII/en/bdd_modele/bdd_modele_item.asp?id=37",
        "licenseUrl": "https://www.etalab.gouv.fr/wp-content/uploads/2018/11/open-licence.pdf",
        "license": "Etalab 2.0 Open Licence",
        "accessed": "2026-08-29"
      }
    ]
  },
  "links": {
    "canonical": "https://www.yugalinks.com/trade/corridor/PAK-ISL/risk",
    "html": "https://www.yugalinks.com/trade/corridor/PAK-ISL/risk/index.html",
    "markdown": "https://www.yugalinks.com/trade/corridor/PAK-ISL/risk/index.md",
    "json": "https://www.yugalinks.com/trade/corridor/PAK-ISL/risk/index.json",
    "jsonLd": "https://www.yugalinks.com/trade/corridor/PAK-ISL/risk/index.ld.json",
    "home": "https://www.yugalinks.com/",
    "tradeHub": "https://www.yugalinks.com/trade/",
    "dataSources": "https://www.yugalinks.com/data-sources",
    "methodology": "https://www.yugalinks.com/methodology",
    "workspace": "https://www.yugalinks.com/app/corridors",
    "contact": "https://www.yugalinks.com/contact",
    "email": "mailto:support@yugalinks.com",
    "linkedin": "https://in.linkedin.com/company/yugalinks"
  }
}