Transit trade to Afghanistan grows 44 percent

ISLAMABAD: Pakistan’s flow of trade cargo to Afghanistan rose 43.95 percent to 93,732 containers in 2018-19 from 60,516 containers in the last year, data showed.

The import value of the cargo grew a strong 54.88 percent to $5.715 billion in 2018-19 from $3.97 billion in the previous year.

Data shows that the flow of transit containers at Torkham grew a paltry 9.7 percent to 39,175 in 2018-19 from 35,699 in the previous year. The assessed import value of cargo at Torkham reached $2.63bn during the year under review as against $2.23bn over the previous year, showing an increase of 17.9 percent.

The flow of commercial containers grew by 4.6 percent to 37,202 in 2018-19 from 35,564 a year ago. In value terms, the growth was recorded at $2.44bn as against $2.22bn over the last year, reflecting a growth of 10 percent.

The flow of total transit cargoes at Chaman reached 51,641 containers in 2018-19 as against 24,817 containers in the previous year, showing an increase of 108 percent. 

Monitoring Desk
Monitoring Desk
Our monitoring team diligently searches the vast expanse of the web to carefully handpick and distill top-tier business and economic news stories and articles, presenting them to you in a concise and informative manner.

1 COMMENT

Comments are closed.

Must Read

Pakistan Eyes Kyrgyz Cotton to Bridge Local Shortfall

Pakistan plans to import three million bales of cotton worth $1.9 billion this year to address its production deficit, stated Ambassador Hasan Zaigham in...