11 hours ago
by Kamran Noori
In a new effort to strengthen trade relations with Afghanistan, China has reduced customs tariffs on Afghan exports to zero percent. This move is significant, as the annual trade volume between Afghanistan and China is estimated to be around $1 billion. Following this announcement, Afghanistan’s exports to China increased by 11.5% in 2024, and projections indicate this figure could grow by up to 25% next year.
Under this new economic policy, tax incentives have been granted to Afghan exports, creating favorable conditions for Afghan traders and expanding the country’s access to the Chinese market. Despite this progress, Afghanistan’s total trade value with China in the current year has reached $548 million, of which only $12 million comes from exports.
Alongside these developments, China plans to establish a new economic corridor to Afghanistan through Tajikistan, opening new trade routes for the country. The Wakhan Corridor is a key part of this initiative, and road construction in the area is ongoing. Further progress is expected in the coming months, which could represent a major long-term achievement for Afghanistan’s economy.
Trade relations between China and Afghanistan have yielded positive results in recent years. Products like pine nuts are among Afghanistan’s main exports to China, playing an important role in this trade dynamic. Additionally, China aims to include Afghanistan in its "Belt and Road Initiative," a project with a $62 billion investment. This initiative could strengthen Afghanistan’s connectivity with the port of Gwadar.
These economic concessions will support the growth of Afghan exports and help the country access new international markets.