Pakistan faces a setback in exports to Afghanistan

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Pakistan faces a setback in exports to Afghanistan

ISLAMABAD - Pakistan faces a setback in its exports to Afghanistan.

As per media report, Pakistan’s export of goods to Afghanistan dropped by 17.68 percent between July and December last year to $608.533 million against the exports of goods worth $739.233 million recorded during same period in 2017.

According to Pakistan’s The Nation, the import of goods from Afghanistan, however, witnessed an increase of 20.47 percent to $85.123 million in the first half of the fiscal year – up from $70.655 million in the July to December period.

Citing latest data released by the State Bank of Pakistan (SBP), The Nation reported that the yearly export of goods to Afghanistan also declined to $74.193 million in December 2018, against exports worth $163.164 million in the same month of the previous year.

The imports also witnessed a decrease of 36.55 percent which fell to $10.238 million in December 2018 against imports worth $16.138 million in the same month of 2017.