Iranian Exports to Afghanistan Fall 85% amid Unrest in Kabul

Head of Iran-Afghanistan Joint Chamber of Commerce has said exports from Iran to Afghanistan have declined more than 85% due to the increasing tensions in the country, the portal of Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) reported on Friday. "With the escalation of the conflict in Afghanistan, the number of trucks carrying Iranian goods to this country has decreased from 100 trucks every day to two or three trucks per day,” Hossein Salimi said. According to Salimi, Iranian exports to Afghanistan over the past two weeks have been only 15% of the figure for the same period in the previous year.

“When turmoil or conflict arises in a country, the first area that will suffer is that country's economy and trade,” he said, adding: “Unfortunately, the situation is so bad that at the moment it is not easy to predict what awaits us. We still do not have an accurate estimate of the amount of damage inflicted on Iranian traders. We have to see how long this situation will last.”

In response to the question that if the Taliban finally takes control and peace is restored, the economic relations between Iran and Afghanistan will continue in the same way or not? Salimi said: “In any case, the needs of that country will not be eliminated. Any group that gains power in Afghanistan, the country will still need food and construction materials and so on and their best option [for meeting those needs] would be Iran.”

Underlining the probable decline in the two countries’ trade in case of the ongoing conflict, Salimi said: “If this situation continues for even another month, we will not reach 50% of our normal export volume to Afghanistan this year." According to the official, Iran has targeted US$2.7 billion of exports to Afghanistan in the current Iranian calendar year (started on March 21), but considering the current situation realizing this goal will not be possible. - Tehran Times