Pakistan’s exports of goods and services to Afghanistan witnessed a decrease of 17.10 percent during the first half of current financial year (2020-21) compared to the corresponding period of last year, State Bank of Pakistan (SBP) reported.
As per the Nation report, the overall exports to Afghanistan were recorded at $450.243 million during July-December (2020-21) against exports of $543.159 million during July-December (2019-20), showing negative growth of 17.10 percent, SBP data revealed.
On year-to-year basis, the exports to Afghanistan during December 2020 also decreased by 25.74 percent, from $110.598 million last year to $82.129 million. On month-on-month basis, the exports to Afghanistan also witnessed declined of 14.70 percent during December 2020 when compared to the exports of $71.651 million in November 2020.
Overall, Pakistan’s exports to other countries witnessed decline of 4.75 percent in first half, from $12.392 billion to $11.803 billion, the SBP data revealed. On the other hand, the imports from Afghanistan into the country during the period under review were recorded at $79.731 million against $77.791 million last year, showing increase of 2.49 percent in (July-December) 2020-21.
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On year-to-year basis, the imports from Afghanistan during December 2020 also rose by 79.53 percent, from $16.627 million last year to $29.852 million. On month-on-month basis, the import from Afghanistan increased by 63.21 percent during December 2020 when compared to the import of $18.290 million in November 2020, the SBP data revealed.