Country’s exports to Afghanistan increase by 3.63pc in 6MFY24

Business Feb, 9 2024
Country’s exports to Afghanistan increase by 3.63pc in 6MFY24
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ISLAMABAD: Pakistan’s export of goods and services to Afghanistan witnessed an increase of 3.63 percent during first six months of current fiscal year (2023-24) as compared to exports of corresponding period of last year, State Bank of Pakistan reported.

Overall exports to Afghanistan were recorded at $ 260.716 million during July-December (2023-24) against exports of $ 251.580 million during July-December (2022-23), SBP data revealed.

On year-to-year basis, exports to Afghanistan decreased by 26.83 percent from $ 38.297 million in December 2022 against exports of $ 28.019 million in December 2023.

Meanwhile, on month-on-month basis, exports to Afghanistan also witnessed decline of 46.02 percent during December 2023 as compared to exports of $ 51.911 million in November 2023, SBP data revealed.

Overall Pakistan’s exports to other countries witnessed an increase of 4.99 percent in first six months from $ 14.222 billion to $ 15.288 billion, SBP data revealed.

On other hand, imports from Afghanistan into country during months under review were recorded at $ 4.425 million against $ 13.253 million last year, showing decline of 66.61 percent in July- December (2023-24).

On year-on-year basis, imports for Afghanistan decreased by 28.39 percent from $ 1.729 million in December 2022 against imports of $ 1.238 million in December 2023.

Published in The Daily National Courier, February, 10 2024

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