U.S. foreign direct investment (FDI) in Afghanistan (stock) was $18 million in 2019, unchanged from 2018. For select countries, the HDX Team and trusted partners evaluate datasets available on HDX and add those meeting the definition of a core data category to the Data Grid Completeness board above. The countrys most imported products include wheat flour, ornamental parts, non-edible fats and oils, and petroleum gas. India is one of the largest trading partners of Afghanistan. Goods exports totaled $758 million; goods imports totaled $39 million. UK and Afghanistan Trade. "Afghanistan registered a merchandise trade surplus of USD 79 million with neighboring Pakistan, one of Afghanistan's largest trading partners, from July 2021 to June 2022, according to the most recent trade data collected by the World Bank," said Special Inspector General for Afghanistan Reconstruction (SIGAR). It's GDP is $20.12 billion. The World Bank. Afghanistan is a landlocked country with much of its land covered by the Hindu Kush mountain range which experience harsh winters and deserts in the south that experience hot summers. 2. [br] The economic activities were widely interrupted by the Soviet . The USSR was Afghanistan's chief trading partner even before the 1979 Read more SAMSOOR SAHIL LTD HUSAINI 10834 Top Importers Afghanistan import data shipments MUBARAK HASHIMI LTD 19071 FAIZ HALIMI LTD 13422 FARMAN EMAL SHINWAIR LTD 13296 SAMSOOR SAHIL LTD HUSAINI 10834 Obtain Detailed Contact Information If you are looking to establish relationship with the Afghanistan buyers, save time by getting Among Pakistan's trading partners that generate the greatest positive trade balances, Pakistani surpluses with Portugal (up 54.2%), Sri Lanka (up 51%) and the United States of America (up 44.8%) grew at the fastest pace from 2020 to 2021. Afghanistan registered a trade surplus of $79 million with Pakistan, one of its largest trading partners, from July 2021 to June 2022. https://rb.gy/7gd5nb 04 Nov 2022 07:08:42 The United Nations COMTRADE records indicate the total imports from China to Afghanistan to be US$1.09B for the year 2016. The ETID's main focus is to advocate for policy issues important to the Government of Afghanistan before U.S. Government institutions, nongovernmental organizations, the private sector in the U.S., as well as multilateral institutions located in Washington. Afghanistan and the United States belong to a number of the same international organizations, including the United Nations, the International Monetary Fund, and the World Bank. Main imports are: petroleum; machinery and equipment and food items. Most Afghan farmers are primarily subsistence farmers. Afghanistan is currently our 105th largest goods trading partner with $797 million in total (two way) goods trade during 2019. Dry fruits are majorly imported by India from Afghanistan. At Global Database we have 34 industries covered in our companies database. Top trading partners (import sources) of Afghanistan in 2019: Iran with a share of 14.5% (1.24 billion US$) China with a share of 13.9% (1.19 billion US$) Pakistan with a share of 12.8% (1.1 billion US$) USA with a share of 9.14% (783 million US$) Turkmenistan with a share of 8.05% (690 million US$) India signed a PTA with Afghanistan. Imports The top imports of Afghanistan are Wheat Flours ($554M), Rolled Tobacco ($473M), Raw Sugar ($200M), Refined Petroleum ($195M), and Electricity ($193M), importing mostly from United Arab Emirates ($1.66B), Pakistan ($870M), India ($855M), Kazakhstan ($622M), and United States ($603M). 2019 In 2019, Afghanistan major trading partner countries for exports were India, Pakistan, China, Turkey and United Arab Emirates and for imports they were Iran, Islamic Rep., China, Pakistan, United States and Turkmenistan . Afghanistan's total trade with the United States was $3.43 million in August, a change of -18.96 percent from the same month one year ago. Apart from poppy. Pakistans exports to Afghanistan include toys, games and their components, iron and steel materials, milling products, malt, starches, wheat gluten, machinery, cocoa and cocoa preparations, cereals, and building materials among many other products. The countries are selected from various regions to capture the varying impact of the exchange rate on the level and degree of export from Afghanistan. November 11, 2021 China's Global Network of . The block in cargo movement to Pakistan is the reason for this halt, however, the trade routes through Dubai and international north-south corridor among the . Currently, Afghanistan is the 93rd largest trading partner with the U.S. Along with the value of trade, the list also shows trade balance by each who trade with Afghanistan, the values are shown in the form of USD million. The Post-WTO Membership Era. The region includes, and is surrounded by, countries of various degrees of transit and transport efficiency and risk. Washington spent an estimated $8.6bn between 2002 and 2017 to throttle Afghanistan's drug trade in order to deny the Taliban funds, according to a 2018 SIGAR report. U.S. Goods Trade with Afghanistan (in millions of dollars), U.S. The main imports from Kazakhstan are: milling products, malt, starches, wheat products, mineral fuels, oils, distillation products, iron and steel, machinery, nuclear reactors, boilers, vegetables, and fertilizers among many others. Afghanistan Runs Trade Surplus with Pakistan says US. It is pertinent to note that in the post-Taliban era, India's merchandise trade with Afghanistan witnessed a 20-fold increase (since 2002). Presently, India exports sugar, apparel, pharmaceuticals, coffee, tea, spices and transmission towers to Afghanistan. National U.S.-Arab Chamber of Commerce, February 2020, Advocacy California Chamber of Commerce, Global Contacts, Organizations and Associations, Posting First Rise Since 2014, U.S. Exports to Arab World Grow 4 PErcent to $62.64 Billion in 2019, U.S. Goods Exports to Arab Countries 2018 vs. 2019, California Foundation for Commerce and Education. Preferential Trade Agreement: In this, two or more partners give preferential right of entry to certain products. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. A fghanistan's Chamber of Commerce and Industries said Iran was Afghanistan's biggest trade partner in the last solar year (March 2017-18) and exported goods worth over $1.98 billion to the . This cost about US$355.4M in 2016. 2019 Overall Exports and Imports Trade Indicator Service Indicators 2020 Afghanistan top 5 Export and Import partners Afghanistan Exports and Imports of Product Groups Top 5 Products exports imports at HS 6 digit level Tariff and Trade Barriers for Afghanistan Tariffs 2018 Overall Trade Restrictiveness Index (OTRI) OTRI U.S. total exports of agricultural products to Afghanistan totaled $29 million in 2019. You can email the site owner to let them know you were blocked. Imports from this country include mineral fuels, oils, distillation products, milling products, malt, starches, inlin, wheat gluten, fertilizers, optical, photo, technical, medical apparatus, dairy products, eggs, and animal oils and fats among many others. Afghanistan Industry Database. Khyber Afghan Airlines (cargo airliner) Spinzar Cotton Company (cotton) Watan Group (oil, mining and telecom conglomerate) In macroeconomic terms, Afghanistan's total exported goods represent 1.8% of its overall Gross Domestic Product for 2021 ($80.9 billion valued in Purchasing Power Parity US dollars). Leading categories include: processed fruit & vegetables ($4 million), spices ($504 thousand), tree nuts ($236 thousand), snack foods ($32 thousand), and tea, including herbal ($26 thousand). As part of the network of 320+ World . Uzbekistan accounts for 6.1% of Afghanistans imports, which amounts to US$3.99.14M as of the year 2016. There was an astronomical decline in the gross domestic product (GDP) of the country in the last two decades of the 20 th century. The top import categories (2-digit HS) in 2019 were: precious metal and stone (other stones, not strung) ($21 million), carpets and other textile coverings ($6 million), edible fruit & nuts (grapes) ($4 million), special other (returns) ($3 million), and special other (low value estimates) ($1 million). Agriculture remains Afghanistan's most important source of employment: 60-80% of Afghanistan's population works in this sector, although it accounts for less than a third of GDP due to insufficient irrigation, drought, insufficient market access, insecurity, and other structural impediments. Since 2012 the volume of imports has gone down suggesting that Afghanistan has become self-sufficient. Afghanistan and Iran are Important trading partners of Pakistan, and to transform excellent diplomatic and trade relations with the two countries government of Pakistan has allowed import and . U.S. foreign direct investment into Afghanistan totaled $17 million in 2020 (Bureau of Economic Analysis). The objective of this paper is to investigate the effect of exchange rate movement on export flows between Afghanistan and other leading trade partners from2006 to 2017. Top exports were agricultural products which totaled $3 million, followed by computer and electronic products, chemicals, processed foods, and transportation equipment which each totaled around $1 million.(U.S. Afghanistan trade relationship with global countries based on partial data Track top trading partner countries of Afghanistan, These findings are based on global export import shipment database of Volza, it is the most up-to-date but partial information available on Afghanistan 's export import trade. "DAY TO DAY CURRENT AFFAIRS" BASICALLY IS TOP 10 NEWS SUMMARY ON CURRENT HAPPENINGS OF NATIONAL AND INTERNATIONAL IMPORTANCE FOR ALL EXAMINATIONS November 03, 2022: National / International Current . Click to reveal This is often about draft laws, regulations or procedures that . Economic Complexity Competitive Landscape Afghanistan is a unitary presidential republic with a population of 38.9 million as of 2020. Imports from Uzbekistan include optical and photo components, technical medical apparatus, iron and steel, edible vegetables, milling products, malt, starches, and wheat products among many others. Activity Areas. Divergences in approaches to Afghanistan map onto wider divergences between the United States and its allies and China, Russia, and their partners. Afghanistan usually trades with its neighbours, with Pakistan being its major trade partner. U.S. goods exports to Afghanistan in 2019 were $758 million, down 38.3% ($470 million) from 2018 and down 49.8% from 2009. Performance & security by Cloudflare. Compare Balance of Trade by Country Pakistan, along with India, receive around 75% of Afghan exports, followed by the United Arab Emirates, China and Turkey. WTC Kabul is a service hub where people meet, discuss ideas, forge connections, and it is the prestigious address for local and international business. This was followed by computer and electronic products at $21 million and non-electrical machinery at $13 million. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Top UK goods exports includes: Founded in 2020, World Trade Center Kabul is a business organization and licensed member of the World Trade Centers Association (WTCA) based in New York USA. Although most of the project resources . Updated 27 October 2022 | Dataset date: January 01, 1960-December 31, 2021 . No data on Afghanistan's FDI in the U.S. are available. Imports consisted of textile mills products at $8 million, processed foods at $6 million, and miscellaneous manufactured goods at $2 million. In 2016, the U.S. exported goods to Afghanistan totalling 913 million USD, while the total imported goods from Afghanistan was 34 million USD. MUMBAI, Aug 19 (Reuters) - India's trade with Afghanistan has dried up as borders and banks have closed since the Taliban took over the country, but industry officials said that the disruption was . Our intelligence covers a diverse array of fields including: Finance. Afghan Minister confirms signing of trade agreement with Pakistan 26-Mar-2008 Trading Markets The Afghan Minister for Trade and Commerce has said that his country has signed a bilateral trade agreement with Pakistan. WASHINGTON: Afghanistan registered a trade surplus of $79 million with Pakistan, one of its largest trading partners, from July 2021 to June 2022, according to the latest report by an official US monitoring agency, known as SIGAR. This website is using a security service to protect itself from online attacks. In 2017, bilateral trade crossed the $1 billion mark . Iran exports the following products to Afghanistan: fruits and their products, seeds from soil, nuts, mineral fuels, oils, distillation products, machinery, nuclear reactors, boilers, iron and steel, stone, plaster, cement, asbestos, mica or similar materials, optical, photo, technical, medical apparatus, cocoa and cocoa preparations, and fertilizers among many other products. According to the United Nations COMTRADE database, imports from Iran cost about US$1.27B in the past year. Market Value: 445 (millions) Last Updated: June, 2019, Market Value: 992 (millions) Last Updated: June, 2019. (Source: IMF). Portugal: $225.8 million. The country experienced a negative trade balance for the year 2016 where they spent US $482M on exports and imported US $3.77B making the country one of the top 100 biggest importers. Afghanistan is currently our 105th largest goods trading partner with $797 million in total (two way) goods trade during 2019. Afghanistan Major Exports Buying and selling are essential for any country to develop its economy and maintain good relations with other nations. The Fund focuses on development projects, infrastructure and reforms which can further help in the growth of the Afghan economy, strengthening the private sector and creating more jobs. The first table below shows top trading partners of Afghanistan in terms of export sales (selling), including Pakistan, India, and Russia. As per the Director General of Indian Export Organization (FIEO), India is among the biggest trade partners of Afghanistan, and it has exported commodities worth USD 835 million in 2021. (U.S. Department of Commerce). India is one of the biggest trade partners of Afghanistan, and has exported commodities worth $835 million to the nation in 2021, Director General of Indian Export Organisation (FIEO), Ajay Sahai . Washington November 3 2022: Afghanistan registered a merchandise trade surplus of $79 million with neighboring Pakistan, one of Afghanistan's largest trading partners, from July 2021 to June 2022, according to the most recent trade data collected by the World Bank submitted to US Congress. Agricultural Trade with Afghanistan (in millions of dollars), U.S. Manufacturing Trade with Afghanistan (in millions of dollars), Text your zip code to 438829 (GETVAX) in English or 822862 (VACUNA) in Spanish. Other exports include carpets, fresh fruit, wool, and cotton. There is no information on the distribution of Afghanistan FDI in the U.S. Afghanistan was the United States' 85th largest goods export market in 2019. The biggest imports from China include meat and the associated products, explosives, pyrotechnics, matches, pyrophoric, fruits and nuts, types of fabric, electrical, electronic equipment, machinery, nuclear reactors, boilers, and paper and its products among many others. .India and Afghanistan bilateral trade stood at USD 1.4 billion in 2020-21 as against USD 1.52 billion in 2019-20. Your IP: "Afghanistan registered a merchandise trade surplus of USD 79 . Top imports were textile mills products and processed foods which each made up $2 million. In May of 2016, Afghanistan, Iraq and India signed the Chabahar port agreement. 3. Jaishankar will meet with his counterpart Sergey Lavrov and the Russian trade . Afghanistan and India are set to hold a joint trade and investment show in the Indian capital of New Delhi next week, as India seeks to step up its partnership with Afghanistan as a major i Malaysia accounts for 4% of Afghanistans total imports. The Special Inspector General for Afghanistan Reconstruction (SIGAR) office produced a report for the US Congress in which it was observed [] Find COVID-19 Vaccines Near You: Vaccines.gov (English) Vacunas.gov (Spanish)Text your zip code to 438829 (GETVAX) in English or 822862 (VACUNA) in Spanish, In 2019, Afghanistan GDP was an estimated $18.7 billion (current market exchange rates); real GDP was up by an estimated 3.0%; and the population was 37 million. Afghanistan was the United States' 147th largest supplier of goods imports in 2019. Afghanistan is a significant trading partner of Pakistan; however, the trade volumes between the two have been on a decline since 2011. Afghan's traditional exports are dried fruits, nuts, carpets, wool, and karakul pelts, and imports include vehicles, petroleum products, sugar, textiles, processed animal and vegetable oils, and tea. The latest India export data shows India shipped goods worth USD 538 million to Afghanistan during Jan-Jun 2021. In 2019, China was the fifth-largest export destination for Afghan goods, after the United Arab Emirates (UAE), Pakistan, India, and the US. One can imagine China being emboldened by, in their. According to the Department of Commerce, U.S. exports of goods to Afghanistan supported an estimated 2 thousand jobs in 2015 (latest data available). Afghanistan and Iran are major trading partners since they share an extensive border region. The United States exported $236 million to Afghanistan in 2021, down from $671 million in 2020. Amongst European countries the UK is the main trading partner with Afghanistan after Germany who has the lion share when it comes to exporting goods. Leading domestic export categories include: poultry meat & products (ex. However, from 2016 onwards, Iran has taken over as the country's key trading partner. WASHINGTON: Afghanistan registered a trade surplus of $79 million with Pakistan, one of its largest trading partners, from July 2021 to June 2022, according to the latest report by an official US . (In USD Millions) - Source: trade.gov Trade Statistics The United States exported $236 million to Afghanistan in 2021, down from $671 million in 2020. Kazakhstan accounted for 9.5% of Afghanistans imports. Afghanistan does not have any Trade Partner data. Unknown to many, Afghanistan has a pretty big trade economy. The top export categories (2-digit HS) in 2019 were: aircraft ($167 million), electrical machinery ($149 million), vehicles ($125 million), machinery ($74 million), and arms and ammunition ($56 million). This amounted to US$621.62M in the year 2016. The second lists top trade partners of Afghanistan regarding import total (buying). In 2021, California imported $5 million worth of products from Afghanistan. In 2021,. The Union Cabinet on Friday paved the way for the formal entry of Afghanistan into the South Asian Free Trade Area (SAFTA). According to trading economics, exports in Afghanistan increased to 831. . Its GDP is $20.12 billion. Accessed: 1/21/2022 Though an agreement was signed in 2010 to strengthen trade relations and facilitate Afghan transit trade through Pakistan, implementation has been mixed, with many on both sides of the border complaining of continued barriers to exchange. These numbers highlight the importance of trade with India for Afghanistan. The U.S. goods trade surplus with Afghanistan was $719 million in 2019. Afghanistans imports come from their closest neighbors. New Delhi, India - The 2019 "Passage to Prosperity: India - Afghanistan International Trade and Investment Show," supported by the U.S. Agency for International Development (USAID), saw . The IMA manages Australia's interests in Afghanistan and works with international partners, many of which have established missions on Afghanistan in Qatar, to influence the Taliban. Does India import oil from Afghanistan? The country experienced a negative trade balance for the year 2016 where they spent US $482M on exports and imported US $3.77B making the country one of the top 100 biggest importers. In particular, the exhibition yielded benefits for the agricultural sector, which generated $46 million in new business. During 2020, United States had a large net trade with Afghanistan in the exports of Transportation ($263M), Machines ($176M), and Instruments ($56M). . Transportation equipment made up $137 million of the total. Afghanistan registered a merchandise trade surplus of USD 79 million with Pakistan, from July 2021 to June 2022, according to the latest report by the US monitoring agency.During this time frame, total exports to Pakistan from Afghanistan were worth USD 796.4 million, compared to USD 717 million in Pakistani exports to Afghanistan. There is no information on the distribution of U.S. FDI in Afghanistan. The 2019 "Passage to Prosperity: India - Afghanistan International Trade and Investment Show," supported by the U.S. Agency for International Development (USAID), saw Afghan firms sign deals and pre-contract agreements valued at over $55 million. This represents 18% of the total imports. COMTRADE documented the imports from Pakistan to be US$1.2B in the year 2016. Afghanistan is a unitary presidential republic with a population of 38.9 million as of 2020. In the meantime, China provided Afghanistan millions of dollars in aid for medical assistance, hospitals, a solar power station and more. 183 for the same month last year. That is, most products are imported from these countries to Afghanistan. Statistics by the ACCI shows that Iran's trade value with Afghanistan for 2016 was $1.8 billion USD. Cloudflare Ray ID: 766741ce6e170bae Traded Goods [1] (at the 2-digit HS Code level) Top 10 Export Goods Top 10 Export Goods data is not available for Afghanistan Top 10 Import Goods Top 10 Import Goods data is not available for Afghanistan Sources: UN Comtrade (2019) except where stated otherwise. Despite growing political tensions, Pakistan had remained Afghanistan's largest trading partner until 2015. This is done by reducing duties on an agreed number of tariff lines. 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