Related Keywords: between Afghan and Pakistan, bilateral trade, joint venture, major trading partner of Pakistan, moved from informal to formal sector, SAARC and OIC members, top exporting market, untapped natural resources
Afghanistan is one of the major trading partners of Pakistan and has been top exporting market for Pakistani products since ages. The bilateral trade between Afghanistan and Pakistan is likely to touch $5 billion in 2014-15.
Afghanistan is the fourth largest export market for Pakistan after United States, European Union and China. In recent years, trade with Afghanistan has moved from informal to formal sector. In 2000-01, the formal exports to Afghanistan stood at $140 million that grew after a decade to $2.33 billion in 2010-11.