Pakistan Afghanistan trade volume shrinks significantly

Pakistan Afghanistan trade volume shrinks significantly

KABUL - Afghan Ministry of Industry and Commerce on Saturday said the trade and transit volume between Afghanistan and Pakistan has decreased by 20 percent this year.

Spokesman of the ministry, Musafir Qoqandi, said statistics from the first nine months of this year show that Afghanistan and Pakistan’s trade and transit valued at least $1 billion this year, while it was $1.5 billion last year.

According to the ministry, Afghanistan’s exports to Pakistan valued at least $280 million this year while the imports from Pakistan valued $800 million.

“Our trade volume has decreased with Pakistan against previous years. But our exports have increased. We want good trade relations with all the nations, but we will be focused on our trade balance,” Qoqandi told TOLOnews.