epa02416396 Trucks carrying Afghan transit trade supply are waiting for custom clearance at Pak-Afghan border in Chaman, Pakistan, 28 October 2010. Pakistan and Afghanistan sign the Afghanistan Pakistan Transit Trade Agreement (APTTA) in Kabul on October 28. EPA/MATIULLAH ACHAKZAI
Anti-smuggling measures implemented by the caretaker government are finally bearing some fruit with exports to Afghanistan recording a notable increase during November.
Sources told ProPakistani that this surge in exports has been accompanied by a decline in imports, resulting in a favorable trade balance for Pakistan in its transactions with the neighboring country.
According to sources, Pakistan’s exports to Afghanistan experienced a remarkable annual growth of 34 percent year-on-year (YoY) in November 2023.
The overall exports to Afghanistan registered a 13 percent growth in November alone, exceeding $110 million during the period in review. Comparatively, the total exports to Afghanistan in November 2022 amounted to $82.2 million.
Conversely, the volume of imports from Afghanistan to Pakistan dropped to $63.4 million in November.
Overall, Pak-Afghan bilateral trade clocked in at $173.5 million during the period in review, sources added.