Pakistan’s export of goods and services to Afghanistan witnessed an increase of 17.0 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 overall exports to Afghanistan were recorded at US $346.5 million during July-February (2022-23) against exports of US $296.1 million during July-February (2021-22), showing growth of 17.0 percent, State Bank of Pakistan’s (SBP’s) 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 82.6 percent during February 2023 as compared to the exports of US $33.6 million in January 2022, the SBP data revealed.On the other hand, the imports from Afghanistan into the country during the period under review were recorded at US $ 13.5 million against US $119.3 million last year, showing a decline of 88.7 percent in July-February (2022-23). On a year-on-year basis, the import for Afghanistan also decreased by 98.9 percent from US $13.7 million in February 2022, to US $0.15 million in February 2023. On a month-on-month basis, the imports from Afghanistan into the country increased by 11.0 percent during February 2023, as compared to the imports of US $0.14 million during January 2022, according to the data released by the SBP.
Source: IBP