Pakistan’s sugar exports to Afghanistan recorded a whopping increase of 3473% in the first half of FY 2024-25.
This massive increase has made sugar the largest contributor to Pakistan’s exports to Afghanistan with a record 3473 percent increase from July to December 2024.
According to the official figures, sugar exports reached $211.8 million compared with $5.9 million during the corresponding period in 2023.
Overall Pakistani exports to Afghanistan have also increased by 52 per cent, reaching $753.8 million during the first six months of the current fiscal year, compared with $495.2 during the same period in 2023.
In December 2024, Pakistani exports to Afghanistan raised by 103 per cent Year-Over-Year (YOY) and 36 per cent MoM, with total sales at $175.1, compared to $86 million in December 2023 and $129 million in November 2024.
The federal cabinet’s decision in October 2024 to approve the export of an additional 500,000 metric tons of sugar has played a significant role in this surge.