Pakistan’s exports to Afghanistan surge by 32pc to $658m in eight months

TRADE FORESIGHT

ISLAMABAD-Pakistan’s products to Afghanistan have expanded by 32% to $658 million from $500 million during the initial eight months of FY2022-23.

Exchange among Pakistan and Afghanistan has advanced rapidly from July to February of the continuous monetary year and came to $1333.86 million from the last year’s degree of $1044.14 million, showing a climb of 28%.

Pakistan’s imports from Afghanistan additionally expanded by 24%, from $544.17 million to $675.01 million during the period, said the source. The commodities of Pakistani items expanded by 32% to Afghanistan during the initial eight months of the continuous monetary, said the source. The commodity of farm vehicles to Afghanistan has recorded the most noteworthy development from July to February. The commodity of farm vehicles hopped by 808% from the prior $0.81 million in the past financial to $7.34 million during the initial eight months of the Monetary Year 2022-23.

Likewise, the product of cruisers has expanded by 591%, from $0.79 million to $5.49 million, said the source. The products of covering and tents to Afghanistan have expanded by 260% when contrasted with the past monetary and came to $10.20 million from $ 2.84 million, said the source. The commodity of drug items to Afghanistan has expanded by 214% from $28.52 million to $89.60 million. The commodities of elastic items to Afghanistan bounced by 165%, from July to February, from prior $3.02 million to $ 8.01 million.
The commodities of food preliminary things and plastic items have expanded by almost 100% and 81 percent, individually, from July to February, said the source. The food arrangement things send out expanded from $30.13 million to $60 million during the period. Rice commodity to Afghanistan expanded by 29% from $75.40 million to $ 97.60 million, in a similar period, said the source. As indicated by the source, concrete commodities recorded an increment of 19% during the eight months of the continuous monetary year. The product of concrete to Afghanistan expanded to $30.59 million from prior $25.64 million. Electrical items expanded 58% and came to $17.84 million against $11.31 million. Aluminum items trade likewise recorded an increment of 51%, ascending from $9.86 million to $14.86 million, said the source. The products of leafy foods, milk and cream, cereal groats and dinner, iron and steel, cereal grains, and rejuvenating oils have decreased during the initial eight months of the continuous monetary year, said the source.