Business
Afghanistan exports up by 7% in first quarter of 2023: World Bank
Exports from Afghanistan increased by seven percent in the first quarter of 2023, the World Bank said in a new report released Tuesday.
Based on unofficial Afghanistan customs data, exports in the first quarter of 2023 reached US$ 0.5 billion, with a 7 percent growth compared to Q1-2022, the report said.
As food exports remain stable, the increase can be attributed primarily to coal (by 26 percent) and textiles by 28 percent.
During Q1-2023, Pakistan remained Afghanistan’s largest export market (accounting for 60 percent of total exports), followed by India (24 percent).
Exports to Pakistan are mainly food and coal, contributing around 72 percent of total exports in Q1–2023. Coal exports to Pakistan reached US$ 111.6 million in Q1-2023 (compared to US$ 476 million in 2022 and US$ 88 million in Q1-2022).
The report also said that during the first quarter of 2023, imports stood at $1.8 billion, reflecting 32 percent growth.
The trade deficit reached $1.3 billion in the first quarter of 2023, a 45 percent growth. However, the UN cash shipments for the period (US$ 560 million) cover only less than half of the merchandise trade deficit, the report said.
The inflationary pressures eased substantially from year-on-year, with inflation recorded at 3.5 percent in February.
The Afghani currency appreciated against all currencies. Between February 4 – April 18, 2023, the Afghani currency appreciated by 5.4 percent against the US dollar.
The Islamic Emirate of Afghanistan (IEA) continues to exert strong controls on the illegal export of foreign currency, strengthening the Afghani rate. At the same time, the United Nations make US dollars available in the market through cash shipments (US$ 560 million were shipped to Afghanistan in Q1 2023 against a cumulative – US$ 1.8 billion in 2022), the report said.
Business
Pakistan’s kinno exports falter as tensions with Afghanistan continue
Pakistan’s kinno exports remain far below potential as regional tensions, high freight costs and weak government support continue to choke the citrus trade.
Despite being a leading global citrus producer, Pakistan is expected to export just 400,000–450,000 tonnes of kinno in the 2025–26 season, compared with an estimated capacity of 700,000–800,000 tonnes.
Exports in 2024–25 stood at around 350,000–400,000 tonnes, mainly to Russia, the UAE, Saudi Arabia, Afghanistan, Indonesia and Central Asia. While better fruit quality this season has raised hopes, persistent crossing disruptions—especially with Afghanistan—and transport bottlenecks have offset gains.
Growers say prices have collapsed sharply, forcing panic sales. Rates for large kinno have fallen from over Rs120 per kg early in the season to as low as Rs75, while smaller fruit is selling for Rs35–40 per kg amid weak demand.
Industry leaders warn the crisis is crippling processing units and jobs. More than 100 factories reportedly failed to open this season, with dozens more shutting down as exports stall. Cold storages in Sargodha are nearly full, putting fruit worth millions of dollars at risk of spoilage, while growers fear losses of up to Rs10 billion.
Exporters are urging the government to urgently resolve issues, subsidise logistics, and help access alternative markets, warning that prolonged inaction could devastate farmers, workers and the wider economy.
Business
Pezeshkian pledges to facilitate Iran-Afghanistan trade
Iranian President Masoud Pezeshkian has said that Tehran will facilitate trade and economic exchanges with Afghanistan, including easing procedures at customs and local marketplaces.
He made the remarks during a televised interview following his visit to South Khorasan province, which shares a border with Afghanistan.
Pezeshkian, in a separate event addressing local business leaders, highlighted the province’s strategic advantages, citing its rich mineral resources, proximity to neighboring countries such as Afghanistan and Pakistan, and access to the ocean via the Chabahar port. He described the region as “a golden opportunity not found everywhere,” emphasizing its potential for economic growth and cross-border commerce.
Business
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