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 Breaking News

Torkham border shutdown causes over $4.5b in trade losses

byCT Report
11/11/2025
in Breaking News, Latest News, National, Slider News
Share on FacebookShare on Twitter

TORKHAM: The month-long closure of the Torkham border crossing has resulted in cumulative losses exceeding $4.5 billion in trade and an additional Rs. 16.5 billion in lost exports and imports between Pakistan and Afghanistan.

Citing official and trading sources, Dawn reports that Pakistan has already lost more than 65 percent of its share in the Afghan market to Iran, Central Asian states, Turkiye, and even India, largely due to security-driven trade policies since the Taliban took power in Kabul in August 2021.

You might also like

PM Shehbaz orders third-party audit of all ongoing projects of National Highway Authority

07/10/2026

FBR tells IMF only 1,016 retailers have filed returns under Aasan Tax Scheme

07/10/2026

Repeated border closures and a hostile environment for traders have forced major Pakistani and Afghan exporters to withdraw capital from cross-border trade. The latest month-long shutdown has further shaken the confidence of the remaining small traders, the report notes.

The ongoing uncertainty has also severely impacted local manufacturing in Khyber Pakhtunkhwa, as well as the production of hundreds of daily-use items in Punjab and Sindh that were previously exported to Afghanistan.

Key exports affected include cement, garments, shoes, vegetables, fruits, poultry, animal feed, and confectionery. The closure has particularly hit potato and banana exports, and the kinnow export season is also at risk if the situation persists.

Qari Nazeem Gul, an exporter and clearing agent, told the English daily that even before the latest tensions, Afghan markets in Kabul and Jalalabad were already dominated by Iranian, Turkish, and Central Asian products, with Iran capturing the largest share due to easier visa and customs processes.

He added that Afghan traders now prefer doing business with Iran over Pakistan, as Iran offers more relaxed trade conditions.

Mujeebullah Shinwari, head of the Torkham customs clearing agents association, echoed these concerns, urging the government to adopt a trader-friendly policy and separate trade from security and political issues. He noted that Pakistan’s annual trade volume with Afghanistan has plummeted from $2.5 billion (2012–2016) to just $800–900 million.

Shinwari highlighted that daily container traffic has dropped from 1,000–1,200 to just 250–300, and the suspension of trade is also hurting tax revenues. The prolonged closure has left many small traders, businessmen, and transporters struggling to recover from financial losses, with some considering leaving the sector altogether.

He suggested forming a powerful jirga of tribal elders, politicians, and traders to negotiate with officials from both countries for a mutually agreed reopening of border points.

Related Stories

PM Shehbaz orders third-party audit of all ongoing projects of National Highway Authority

byCT Report
07/10/2026

ISLAMABAD: Prime Minister Shehbaz Sharif has ordered a third-party audit of all ongoing National Highway Authority (NHA) projects and directed...

FBR tells IMF only 1,016 retailers have filed returns under Aasan Tax Scheme

byCT Report
07/10/2026

KARACHI: The Federal Board of Revenue has told the International Monetary Fund that 1,016 retailers and shopkeepers have filed returns...

FBR expands AI use to scrutinize individual tax returns before enforcement action

byCT Report
07/10/2026

KARACHI: The Federal Board of Revenue (FBR) has begun expanding the use of artificial intelligence to scrutinize individual tax returns,...

Pakistan-IMF talks near end as $1.2bn tranche hangs in balance

byCT Report
07/10/2026

ISLAMABAD: Pakistan’s efforts to secure the next $1.2 billion IMF tranche have entered their final stage, as the fourth economic...

Next Post

Qatar agrees to divert 24 LNG cargoes; Pakistan to pay price difference

  • 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.