Business

Pakistan’s exports to Afghanistan decline by 25.54pc in April

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Web Desk

3 years ago

Pakistan’s exports to Afghanistan decline by 25.54pc in April. Pakistan’s exports to Afghanistan registered a massive decline in MoM basis in April, media reported on Tuesday.

As per details, the exports to Afghanistan recorded a decrease of 25.54 MoM basis in April and 24.66 YoY basis, the sources said.

The exports to Afghanistan in April 2023 remained $76.4 million as compared to $11.40 million in the same corresponding period last year. The volume of bilateral trade between Islamabad and Kabul remained $125 million in April 2023.

The bilateral trade between both Pakistan and Afghanistan remained $169.8 million in April 2022, the sources said.

In March, Pakistan exported goods worth $96.4 million to Afghanistan.

Earlier it emerged that Pakistan’s exports dropped by 10.46 percent in April as compared to the previous month of March.

According to the figures issued by the Pakistan Bureau of Statistics, the import declined by 22.62 percent as compared to the previous month of March.

The exports in April were recorded 2.12 billion dollars while the imports were recorded at 2.95 billion dollars. The annual trade deficit decreased by 77.98 percent in April.

Web Desk