INSUBCONTINENT EXCLUSIVE:
China&& s trade with Afghanistan has actually been growing quick and it might become the second-largest trading nation with Afghanistan in
2023 after Pakistan, a situation that bodes well for the continuation of the CPEC part of the Belt - & Road Initiative into Afghanistan, as
per Silk Road Briefing (SRB)
Silk Road Briefing provides international and local intelligence to assist and monitor infrastructure, geopolitical, and structural
advancements, in addition to foreign investment chances along China&& s Belt and Road Initiative.According to China custom-mades
information, in December 2022, China imported goods worth $9.09 million from Afghanistan and exported items worth $59 million, resulting in
a positive trade balance for China of $49.9 million, SRB reported.If these figures are projected as the 2023 average, then this would result
in a bilateral trade figure of $816 million
Pakistan, currently the biggest Afghani trade partner, accomplished bilateral trade of $1.513 billion in 2022, according to the State Bank
of Pakistan.India, which has remained in 2nd location, had bilateral trade with Afghanistan of $545 million in 2015, according to the Indian
Ministry of Commerce.Between December 2021 and December 2022, Chinese exports increased by 56.4 percent but imports somewhat decreased by
In December 2022 the leading exports from Afghanistan to China were nuts, animal hair, semi-precious stones, dried fruits, and vegetable
products.In December 2022, the top exports of China to Afghanistan were synthetic filaments, yarn-woven fabrics, rubber tires, other
artificial materials, semiconductors, and unidentified products, SRB reported.The post China to end up being Afghan&& s second-largest
trade partner in 2023 first appeared on Ariana News.
