Pakistan, Afghanistan bilateral trade increase 35% to $135.30 million in August 2023

Islamabad: The bilateral trade between Pakistan and Afghanistan has increased 35% to $135.30 million in August 2023.

 

Sources said that overall bilateral trade with Afghanistan remained at $135.30 million in August 2023 which was $99.98 million in July 2023. 

 

Pakistan exported goods worth $ 76.40 Million to Afghanistan while Pakistan imported goods worth $58.90million from Afghanistan in August 2023.

 

Export of goods like Food preparation Items, Broken rice, Cement, Medicaments, Sugar, Motorcycles, Mango, Maize increased in August 2023.

 

Whereas exports of items like Vegetable fats and its fractions, rice other varieties, Plastic and articles thereof, Potatoes, Sugar confectionary products decreased in the reporting month.

 

On the other hand, Imports of goods like Tomatoes, Cotton, Dried leguminous Vegetables increased while imports of Coal, Talc, Grapes decreased in August 2023.

 

Meanwhile, the bilateral trade between Pakistan and Afghanistan during July to August decreased by 11% to $234.48 million.

 

Pakistan’s exports to Afghanistan totaled $135.52 million in July-August 2023-24, declined by 1% from total exports of US$ 136.97 million in July-August 2022-23.

 

The export of declining products including Rice, Animal or vegetable fats and oils and their fractions, Plastics and articles thereof, Electric accumulators, Sugar confectionery, Soaps, lubricants, waxes, candles, Rubber and articles, Paper and paperboard as well as Iron and steel.

 

Similarly, Pakistan’s imports from Afghanistan were $98.96 million, declined from $127.43 million in July-August 2022-23, representing a 22% decrease, owing primarily to coal and talc imports.

 

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