Thursday, February 29, 2024

Taliban Reports Nearly $1 Billion in Afghan Exports in Last 7 Months

Immigration News

Saqalain Eqbal
Saqalain Eqbal
Saqalain Eqbal is an Online Editor for Khaama Press. He is a Law graduate from The American University of Afghanistan (AUAF).

The Taliban Ministry of Industry and Commerce has announced that the Afghan exports to Pakistan, India, and Tajikistan have earned nearly $1 billion in the past 7 months.

According to the Head of Information and Public Relations of the Taliban Ministry of Industry and Commerce, Jawad Dabeer, the exports of Afghanistan have generated almost $1 billion in the last 7 months.

The Afghan exports to Pakistan, India, and Tajikistan have surpassed $743 million, $207 million, and $23 million respectively, according to Dabeer’s tweet from Saturday, November 6.

The US Special Inspector General for Afghanistan Reconstruction (SIGAR) previously reported the surge in Afghanistan’s exports to Pakistan on Friday, November 4, in a report.

According to the SIGAR report, Afghanistan exported 796 million dollars to Pakistan between 2021 and 2022.

With a daily export of 10,000 tons, coal appears to be Afghanistan’s principal export product, and its price has climbed in response to the rise in energy costs brought on by the conflict in the Ukraine.

Each ton of coal now costs $280, up from $90 last year. Despite this, the price of coal in Afghanistan is currently $40 per ton less expensive than the price on the global market.

According to SIGAR, Afghanistan has had the most trade with Pakistan as a result of international sanctions, thus, places Pakistan on the top of the list of Afghan exports.

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