Key Highlights:

• The largest segment of India's imports from Afghanistan consists of edible fruits and nuts, which account for nearly 60%.

• Pharmaceuticals are the largest Indian exports, which account for almost one-third of Afghanistan’s imports from India.

• The bilateral trade experienced a decline, with a fall noted in exports by -0.38%, while imports declined by -7.92%.

• Afghanistan records a trade surplus, increasing by 9% to $331.368M.

The bond between India and Afghanistan is deeply ingrained within the trust and cooperation of ages, coupled with cultural integration. In the past, as well as in the present, these two nations have enjoyed a deep bond of association as represented by the Traditional Silk Route and Contemporary Cooperation. In the past, people involved in trade, academia, and tourism were able to move freely between these regions, thereby laying a solid foundation for India-Afghanistan trade relations. 

The collaboration has been advantageous for both parties in terms of trade. The main items that India imports from Afghanistan are saffron, asafetida, and dry fruits like figs, raisins, almonds, and pistachios. Due to favorable trade agreements and particular trade routes, Afghanistan's exports to India have increased gradually in the interim, enhancing its access to the biggest market in the world.

Now, let’s take a closer look at the present stats relating to the trading situation between India and Afghanistan to see what these two are actively trading and how their collaboration is upgrading.

Afghanistan Exports To India – FY 2024

 

In FY 2024, India imports from Afghanistan summed up to $664.890, mirroring an additional -0.38% decline compared to FY 2023. The trade remains focused on agricultural and natural goods, with the edible fruits and nuts contributing nearly 60% of the total value. Other major imports include resin and plant extracts, spices, vegetables, and oil seeds. This highlights how Afghanistan exports to India are majorly agricultural based. 

Top 5 Products Imported From India

 

The total import from India to Afghanistan stands at $333.523 million, showing a -7.92% decline compared to 2023. Even with the shrinkage, the import bucket remains varied and value-oriented. India's strong position as a healthcare supplier is highlighted by the fact that medical-care products account for roughly one-third of imports and dominate the trade scale.

Vehicles and auto parts, clothing, man-made staple fibers, and animal feed are some of the other main product groups. This suggests that the majority of India's exports to Afghanistan are made up of industrial goods, textiles, healthcare products, and necessities. Strengthening India’s role as an important supplier in the trade structure.

Trade Flow: Afghanistan To India

In FY 2024, Afghanistan accomplished an increase of 9% in its trade excess with India to reach $331.368M compared to$305.205M recorded with the country in FY 2023. Despite recording the biggest trade deficits in FY 2024, the biggest trade surpluses were registered.

Frequently Asked Questions (FAQs)

1. What are the top products of 2024 that India imported from Afghanistan?
India majorly imported edible fruits and nuts, gums and resins, spices,vegetables, and oil seeds from Afghanistan.

2. What are the main exported products from India to Afghanistan?
India exports pharmaceutical products, automobiles and their parts, apparel,man-made staple fibers, and animal fodder to Afghanistan.

3. What is the total value of India's imports from Afghanistan in FY 2024?
India’s total imports from Afghanistan stand at $664.890 million.

4. Did India-Afghanistan trade grow in FY 2024?
Afghanistan’s export to India witnessed a slight decline of -0.38%, while Afghanistan’s import from India declined by -7.92%

5. Who has a trade surplus in the two-way trade?
Afghanistan recorded a trade excess of$331.368 million in its trade with India.

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