Exports from Pakistan to Afghanistan surge 10% in FY21

The overall exports to Afghanistan were recorded at $983.295 million during July-June (2020-21) against exports of $890.052 million during July-June (2019-20), showing growth of 10.47 per cent, the SBP data further revealed.

On year-to-year basis, the exports to Afghanistan during June 2021 also increased by 38.99 percent, from $63.250 million as against the exports of $87.915 million.

On month-on-month basis, the exports to Afghanistan rose by 31.89 per cent during June 2021 as compared to the exports of $66.653 million in May 2021.

Overall Pakistan’s exports to other countries witnessed growth of 13.72 per cent during FY 2020-21, from $22.536 billion to $25.629 billion.

On the other hand, the imports from Afghanistan during the period under review were recorded at $179.228 million against $121.832 million last year, posting a growth of 47.11 per cent.

On year-to-year basis, the imports from Afghanistan during June 2021 also rose by 517.32 per cent, from $2.511 million last year to $15.501 million.

On month-on-month basis, the import from Afghanistan decreased by 5.04 percent during June 2021 when compared to the import of $16.325 million in May 2021, the SBP data revealed.

The central bank's data further shows that the overall imports into the country increased by 23.23 per cent, from $43.645 billion to $53.784 billion.