ISLAMABAD, Feb 28 (Alliance News): Pakistan’s export of goods and services to Afghanistan witnessed an increase of 10.58 percent during the first seven months of the current fiscal year (2022-23) as compared to the exports of the corresponding period of last year, State Bank of Pakistan (SBP) reported.
The overall exports to Afghanistan were recorded at US $285.177 million during July-January (2022-23) against exports of US $257.888 million during July-January (2021-22), showing growth of 10.58 percent, SBP data revealed.
On a year-to-year basis, the exports to Afghanistan also increased 93.26 percent from US $17.384 million in January 2022, against the exports of US $33.598 million in January 2023.
Meanwhile, on a month-on-month basis, the exports to Afghanistan however decreased by 12.24 percent during January 2023 as compared to the exports of US $38.297 million in December 2022, the SBP data revealed.
Overall Pakistan’s exports to other countries witnessed a decrease of 7.40 percent in the seven months, from US $ 17.742 billion to US $ 16.429 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 $ 13.389 million against US $105.605 million last year, showing a decline of 87.32 percent in July-January (2022-23).
On a year-on-year basis, the import for Afghanistan witnessed also decreased by 99.10 percent from US $15.175 million in January 2022, against the imports of US $0.136 million in January 2023.
On a month-on-month basis, the imports from Afghanistan into the country decreased by 92.13 percent during January 2023, as compared to the imports of US $1.729 million during December 2022, according to the data.
The overall imports into the country witnessed a decrease of 20.91 percent, from US $42.297 billion to US $33.451 billion, according to the data.
Based on the trade figures, the trade of goods and services with Afghanistan witnessed an increase of 78.47 percent in surplus during July-January (2022-23) as compared to the corresponding period of last year.
The surplus during the period under review was recorded at US $271.788 million against US $152.283 million during the same period of last year, showing growth of 78.47 percent, the data revealed.