Afghanistan is the 142nd largest export economy in the world. In 2016, Afghanistan exported $ 1.2 billion and imported $ 9 billion, resulting in a negative trade balance of $ 7.81 billion. In 2016 Afghanistan’s GDP was $ 19.5 billion and its GDP per capita was $ 1.94 thousand.
Afghanistan borders China, Iran, Pakistan, Tajikistan, Turkmenistan and Uzbekistan by land and with Afghanistan by sea.
In 2016, Afghanistan exported $ 1.2 billion, making it the 142nd largest exporter in the world. During the last five years, exports from Afghanistan have increased at an annualized rate of 17.5%, from $ 531 Million in 2011 to $ 1.2 Billion in 2016. The most recent exports are led by the export of Gold, which represents 20.3% of the total exports of Afghanistan, followed by Uvas, which represent 11.9%.
Afghanistan’s main exports are Gold ($ 243 Million), Grapes ($ 143 Million), Vegetable Juices ($ 85.7 Million), Insects Resins ($ 70.8 Million) and Tropical Fruits($ 60.2 Million), according to Classification of the Harmonized System (HS).
The main export destinations of Afghanistan are Pakistan ($ 406 Million), India ($ 396 Million), the United Arab Emirates ($ 246 Million), Switzerland ($ 17.6 Million) and the United States ($ 17.5 Million).
In 2016, Afghanistan imported $ 9 Billion, making it the 97th largest importer in the world. During the last five years, imports from Afghanistan have decreased at an annualized rate of -7.4%, from $ 12.5 billion in 2011 to $ 9 billion in 2016. The most recent imports are led by Radio Broadcasting Equipment, which represents 7.54% of total imports from Afghanistan, followed by Wheat Flours, which represents 6.28%.
Its main imports are Broadcasting Equipment ($ 679 Million), Wheat Flours ($ 566 Million), Peat ($ 532 Million), Armored Vehicles ($ 460 Million) and Ornamental Ornaments ($ 334 Million).
The main origins of its imports are Pakistan ($ 1.68 Billion), the United Arab Emirates ($ 1.64 Billion), the United States ($ 865 Million), Iran ($ 835 Million) and China ($ 772 Million).
Balance of trade
As of 2016, Afghanistan had a negative trade balance of $ 7.81 billion in net imports. In comparison with their trade balance in 1995, when they still had a negative trade balance of $ 196 Million of net imports.
The product space is a network that connects the products that are co-exported and can be used to predict the evolution of the export structure of a country.
Afghanistan exports 63 products with revealed comparative advantage (which means that its share in world exports of these products is greater than what one would expect given the size of its economy and the size of the global market for these products).