Pakistan’s export of goods and services to Afghanistan witnessed an increase of 17.02 percent during the first eight months of the current fiscal year (2022-23) as compared to the exports of the corresponding period of last year, the State Bank of Pakistan (SBP) reported.
The overall exports to Afghanistan were recorded at US $346.522 million during July-February (2022-23) against exports of US $296.109 million during July-February (2021-22), showing growth of 17.02 percent, SBP data revealed.
On a year-to-year basis, the exports to Afghanistan also increased 60.49 percent from US $38.222 million in February 2022, against the exports of US $61.345 million in same month this year. Meanwhile, on a month-on-month basis, the exports to Afghanistan also surge 82.58 percent during February 2023 as compared to the exports of US $33.598 million in January 2022, the SBP data revealed.
Overall Pakistan’s exports to other countries witnessed a decrease of 9.65 percent in the eight months, from US $ 20.632 billion to US $ 18.639 billion, the SBP data revealed.
On the other hand, the imports from Afghanistan into the country during the period under review were recorded at US $ 13.540 million against US $119.328 million last year, showing a decline of 88.65 percent in July-February (2022-23). On a year-on-year basis, the import for Afghanistan witnessed also decreased by 98.89 percent from US $13.723 million in February 2022, against the imports of US $0.151 million in February 2023. On a month-on-month basis, the imports from Afghanistan into the country increased by 11.02 percent during February 2023, as compared to the imports of US $0.136 million during January 2022, according to the data.—APP
