Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs Afghanistan

Imports from Pak to Afghanistan drop by 80pc this year

byCT Report
01/01/2018
in Afghanistan
Share on FacebookShare on Twitter

KABUL: As its trade with Central Asia states has been on the rise, Afghanistan’s imports from Pakistan have declined by 80 percent, say traders in northern Balkh province.

Due to commerce and transit issues between Afghanistan and Pakistan, businesspeople in the province say imports through the Torkham port have precipitously fallen.

You might also like

Afghanistan’s Economic Growth Expected To Reach 3.3% In 2020

04/02/2020

Afghan Parliament Approves 2020 Fiscal Year’s Budget

23/01/2020

Meanwhile, officials of the customs department say their revenue in 2017 had increased by 16 percent over last year, thanks to increased imports via Hairatan port from Central Asia.

Customs Director Abdul Rahman Rasikh told Afghan media that most of Afghanistan’s customs revenue came from taxes on imported business goods. He called Hairatan port one of the most essential trade hubs.

According to him, imports through the port were more than exports. He said during the current year, the Balkh port collected revenue of 12 billion afghanis, recording a 16 percent increase over last year.

Rasikh called increased imports through the Hairatan port a key factor behind enhanced revenue levels. He added the import of steel, grains, timber, flour and fuel had recently increased. Falling imports through the Torkham port was another reason behind surging imports through Hairatan, the director explained.

Frequent border closures by Pakistan over the past two years and transit problems between the neighbours had resulted in the decrease of imports through the Torkham crossing point, he added.

Traders in Balkh also say most of business goods, which earlier used to be imported through Torkham, are now coming from Central Asia and entering the country through the Hairatan port. One trader named Mohammad Nasim had confirmed the level of imports through Hairatan had gone up during current year.

One of the reasons behind increased imports through Hairatan was the decline in imports via Torkham, he said. Imports through Torkham into Afghanistan had slumped by 80 percent this year.

On the other hand, some businessmen linked the rising imports through Hairatan to the stable security environment in Mazar-i-Sharif.

A trader, Mohammad Nabi, said the security situation in Mazar-i-Sharif and on the Kabul-Mazar Highway had positively impacted trade via Hairatan.

He said while considering the relatively good security situation, businessmen were willing to import and export goods through Hairatan. “As a result, the revenues of the Customs Department has jumped this year.”

However, Rasikh said exports through Hairatan were almost zero. With the construction of a rail link between Afghanistan and China, Afghanistan’ exports would see a boost, but it didn’t happen, he added.

According to him, the prevailing transit issues between Afghanistan and Uzbekistan have left negative effects on exports through Hairatan. He revealed exports worth two million afs had taken place this year.

Afghanistan is connected to Central Asia through Hairatan, Aqina and Sher Khan ports.

Related Stories

Afghanistan’s Economic Growth Expected To Reach 3.3% In 2020

byadmin
04/02/2020

According to a World Bank report, Afghanistan’s economy has grown by 2.9% in 2019 and is expected to reach 3.3%...

Afghan Parliament Approves 2020 Fiscal Year’s Budget

byadmin
23/01/2020

The Afghan parliament approved the coming fiscal year’s budget plan. It gained a majority of votes just ahead of the...

Afghan Government Receives Over $11mn In Revenues from ATRA

byadmin
14/01/2020

The Afghanistan Telecom Regulatory Authority (ATRA) has transferred 878 million Afghanis ($11.3mn) to the special account of the Ministry of...

Govt Spends Extra 1.6 Billion Afs From Code 91: Commission

byadmin
30/12/2019

The government spent 2.6 billion Afghanis from Code 91 this year, but only 1 billion Afghanis was supposed to be...

Next Post

Consensus for Taiwan growth in 2018 above 2%

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.