Iran becomes Afghanistan’s largest trade partner, followed by Pakistan, China

KABUL (TCA) — Afghanistan Chamber of Commerce and Industries (ACCI) says Iran was Afghanistan’s largest trade partner in the last solar year — from March 2017 to 21 March 2018, exporting goods worth over US $1.98 billion, TOLOnews reports.

The ACCI said that trade volume between Afghanistan and Pakistan was $1.2 billion USD in the same time, and $1 billion USD with China.

“Now Iran is our biggest (trade) partner,” ACCI deputy chief Khan Jan Alokozay told TOLOnews.

“Iran has surpassed Pakistan’s place, which means we have more than two billion dollars in imports and exports with Iran. Imports are high but exports are a lot less. Meanwhile transit is also good through that route (Iran).”

According to ACCI, Afghanistan’s total foreign trade during the past solar year totaled $7 billion USD.

An Afghan economist, Qais Mohammadi, said that the Afghan government should increase exports as the value is a lot less than that of imports.

“In order to increase exports, there should be a focus on products other countries need (from Afghanistan), but the government has not worked on this matter so far,” he said.

Afghanistan’s main imports from Iran are construction materials, food and fuel.

ACCI’s statistics show that Afghanistan has exported at least one million tons of goods to other countries in the last year, particularly to Pakistan.

Sergey Kwan

TCA

Sergey Kwan has worked for The Times of Central Asia as a journalist, translator and editor since its foundation in March 1999. Prior to this, from 1996-1997, he worked as a translator at The Kyrgyzstan Chronicle, and from 1997-1999, as a translator at The Central Asian Post.
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Kwan studied at the Bishkek Polytechnic Institute from 1990-1994, before completing his training in print journalism in Denmark.

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