Pakistan’s exports to Afghanistan up 2.8% in five months

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Pakistan’s exports to Afghanistan witnessed an increase of 2.83 percent during July-November 2022 as compared to the exports of corresponding period in 2021, Pakistani media reported on Thursday.

Pakistan’s overall exports to Afghanistan were recorded at US $213.282 million during July-November 2022 against exports of US $207.407 million during July- November 2021, showing growth of 2.83 percent, The Nation reported citing Pakistan central bank’s data.

On year-to-year basis, the exports to Afghanistan however decreased 23.46 percent from $48.686 million in November 2021, against the exports of $37.263 million in November 2022.

Meanwhile, on month-on-month basis, the exports to Afghanistan also decreased by 23.73 percent during November 2022 as compared to the exports of $48.860 million in October 2022, the report said.

Overall Pakistan’s exports to other countries witnessed a decrease of 2.01 percent in first five months, from US $12.313 billion to US $12.065 billion.

On the other hand, the imports from Afghanistan into the country during the period under review was recorded at $11.523 million against $73.120 million last year, showing decline of 84.24 percent in July- November 2022. On year-on year basis, Pakistan’s imports from Afghanistan also decreased by 94.58 percent from $25.368 million in November 2021, against the imports of $1.373 million in November 2022, according to the report.—Ariana news