By Abdul Ghani
ISLAMABAD– Pakistan Central Asia Trade Hits $2.41 Billion in FY2024-25
Pakistan’s bilateral trade with Central Asian countries, along with Afghanistan and Azerbaijan, has posted strong growth in FY2024-25, reaching an impressive $2.41 billion, according to a document available with Wealth Pakistan.
The document shows that this is a sharp rise compared to $1.92 billion recorded in the previous fiscal year, reflecting renewed momentum in regional economic ties.
Surge in Pakistan’s Exports to Afghanistan, Kazakhstan, and Uzbekistan
According to the document, Pakistan’s exports to these countries surged to $1.77 billion, while imports from them stood at $641 million during FY2024-25. This represents a clear recovery from FY2023-24, when exports were recorded at $1.34 billion and imports reached $581 million.
Afghanistan continues to dominate as Pakistan’s largest trading partner in the region, with exports rising to $1.39 billion and imports reaching $612.5 million. Kazakhstan has also emerged as a significant partner, with exports from Pakistan increasing to $250.8 million.
Uzbekistan followed with $91.4 million in exports and $20.3 million in imports in FY25. Other partners, including Kyrgyzstan, Tajikistan, Turkmenistan, and Azerbaijan, maintained smaller yet consistent shares in bilateral trade.
Imports from Central Asia and Azerbaijan Support Regional Growth
The regional trade context highlights enormous untapped potential. Central Asian countries managed a massive $318.01 billion in global trade during FY2023-24, yet Pakistan’s share in this remains under $0.5 billion.
Meanwhile, Pakistan-Central Asia transit trade stood at $410 million in FY2024-25, signalling growing reliance on Pakistan’s corridors for regional connectivity.
Untapped Potential in Central Asia’s $318 Billion Global Trade
Experts underline that while the current trade growth is encouraging, Pakistan’s real opportunity lies in establishing direct connectivity and strategic trade routes with the Central Asian bloc.