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Afghan Exports Down By 65% Over the Past Three Months

04 Aug 2020 Wadsam Afghanistan Business News

Afghanistan’s exports to international markets have declined by 65% over the past three months due to the pandemic.

The country’s exports had shown a 4% increase in the first three months of the year and had reached around $143 million, but now this figure has declined to $50 million.

Meanwhile, the Afghan Ministry of Commerce and Industries (MoCI) remains optimistic about the exports picking up pace again as trade routes and corridors have been reopened.

The Afghan government had set a target of $1.5bn for the exports volume; however, due to the pandemic it has only achieved 16% of its target.

Original Link: https://wadsam.com/afghan-business-news/afghan-exports-down-by-65-over-the-past-three-months/

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