The Kabul times, Afghanistan Trustable News Agency.

Increasing exports of domestic products to foreign countries

Afghanistan National Statistics and Information Authority (NSIA) has informed that in the past nine months of the current solar year (March – Dec 2023), Afghanistan exported its domestic products worth $1.3 billion, showing considerable increase in the country’s domestic products to foreign countries comparing to previous years. In a statement, NSIA has also said that the imported goods are worth $6.2 billion, adding that it has collected, unified, and analyzed the data related to exports and imports of the country in the first three quarters of the current solar year. “During the period, Afghanistan exported goods worth $1 billion and $355 million mostly to Pakistan, India and the United Arab Emirates (UAE) and imported goods worth $6 billion and 228 million. Afghanistan’s exports to Pakistan were nearly $690 million, to India $463 million and to the UAE over $32 million,” the statement said. Dried fruits are at the top of the exported goods which accounted for over $342 million of the export bill, herbals, minerals and fresh fruits were the other items exported the most. According to NSIA, the value of imports from Iran was $1 billion 318 million 900 thousand, from Pakistan $1 billion 156 million 100 thousand, and from China the value of $1 billion 147 million. Petroleum and lubricants among the imported items in the first three quarters of the current solar year will account for the largest share, with a total value of 1 billion, 10,600,000 dollars, and machinery, transportation vehicles, and spare parts with $691,900 million is in the second place and textiles, metals and metal products are in the third and fourth place. The statement said that the export value of the country in the first three quarters of the past solar year was $1 billion 375 million and the value of import was $ 5 billion 124 million 900 thousand. Previously, the office of the Deputy Prime Minister for Economic Affairs had informed of increasing exports of Afghanistan products to foreign countries. Based on the information of the office of the deputy prime minister for economic affairs, Afghanistan had exported $1.717 billion worth of products to various countries of the world and region in the past 11 months of 2023. It is said that 97 percent of the goods were exported to Iran, Iraq, Pakistan, Saudi Arabia, India, China, Tajikistan, Kazakhstan, United Arab Emirates and Uzbekistan. The remaining three percent of the goods were exported to other countries of the world. Although Afghanistan has been facing some international economic restrictions since the Islamic Emirate (IEA) takeover in mid-August 2021 and several hurdles exist against the exports of Afghan traders at the seaports of Pakistan and Iran, the country’s exports to foreign countries have been unprecedented in the past nine months. Following the re-establishment of the Islamic Emirate in mid-August 2021, we have seen considerable developments almost in all areas including trade and exports of the country’s domestic products to foreign countries. Exports of the country’s domestic products to foreign countries can boost the productivity of Afghanistan and bring major changes in the economy of the country. The Islamic Emirate of Afghanistan (IEA) is working to turn the country into an exporting country in the region. In the past two years, domestic manufacturing companies in Afghanistan have also started to double their products so that they can export their products to foreign countries. It is worth mentioning that trade relations between Afghanistan and various countries in the region and world have increased in the past two years. The export of various commodities to other countries has been expedited as the Islamic Emirate has paid special attention to the country’s trade and business relations with other countries in the region. Abdul Qawi

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The Kabul times, Afghanistan Trustable News Agency.