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Market Of Afghanistan

AFGHANISTAN

Afghanistan's Market Overview

Commercial obligations in Afghanistan, Law on Cooperatives, ‎Enterprises and Banks. Afghanistan has natural gas, oil, coal, marble, gold, copper, chromite, talc, barite, sulfur, lead, zinc, iron ore, salt, precious and semi-precious stones. Total value of Afghanistan's mines is equivalent to 1.5 trillion dollars. Afghanistan is an agricultural country with a high livestock capacity. Import and Export of Afghanistan and goods that are main items for export. The high quality of Iranian goods compared to Pakistani goods, the insecurity of Pakistani roads are the reasons for the increase in Iran's exports to Afghanistan.

Afghanistan’s geography and trade rules

Commercial obligations in Afghanistan, Law on Cooperatives, ‎Enterprises and Banks
Commercial obligations in Afghanistan, Law on Cooperatives, ‎Enterprises and Banks

Afghanistan, officially the Islamic Republic of Afghanistan, is a landlocked country in South ‎Asia, bordering Central Asia, East Asia, and West Asia (Middle East). Afghanistan's neighbors ‎are Iran to the west, Pakistan to the south and east, Tajikistan and Uzbekistan and ‎Turkmenistan to the north, and China to the northeast. Afghanistan is the 41st largest ‎country in the world with an area of 652,860 square kilometers and a population of about ‎‎39.8 million, which makes it the 37th largest country in the world. Kabul is the capital and ‎largest city.‎

‎ Afghanistan's Charter of Commerce contains four chapters. The first chapter is general ‎provisions, the second chapter is commercial companies, the third chapter is commercial ‎documents and the fourth chapter is commercial obligations. ‎

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Market Of Afghanistan

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Mines of Afghanistan

Afghanistan has natural gas, oil, coal, marble, gold, copper, chromite, talc, barite, sulfur, lead, zinc, iron ore, salt, precious and semi-precious stones
Afghanistan has natural gas, oil, coal, marble, gold, copper, chromite, talc, barite, sulfur, lead, zinc, iron ore, salt, precious and semi-precious stones

Afghanistan has abundant natural resources including vast reserves of natural gas, oil, coal, marblegold, copper, chromite, talc, barite, sulfur, lead, zinc, iron ore, salt, precious and semi-precious stones, and many more. In 2006, a US geological survey estimated that Afghanistan had 36 trillion cubic feet of natural gas and 3.6 billion barrels of oil and condensate reserves. According to a 2007 assessment, Afghanistan has a significant amount of undiscovered mineral resources. Geologists also found evidence of abundant deposits of colored stones and precious stones, including emeralds, rubies, sapphires, garnets, azure, composite, spinel, tourmaline, and peridot.

Experts believe that copper production could start in two to three years and iron ore in five to seven years from 2010. Another recently announced treasure is the Hajigak iron ore mine, located 130 miles west of Kabul, which is believed to hold about 1.8 billion to 2 billion metric tons of the mineral used to make steel. AFISCO, an Indian consortium of seven companies led by the Indian Steel Authority and Goldmines Canada, is expected to jointly invest $ 14.6 billion in the development of the Hajigak iron ore mine. The country has several coal mines but needs to be modernized.

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What are the value of Mines in Afghanistan?

Total value of Afghanistan's mines is equivalent to 1.5 trillion dollars
Total value of Afghanistan's mines is equivalent to 1.5 trillion dollars

The value-added of the sector of mine has reached 60 billion Afghanis in the first year and its share in GDP reaches 6.6 percent.

So far, more than 12 copper mines in the areas of "Herat", "Farah", "Logar", "Kapisa", "Zabul", "Kabul", "Panjshir", "Kuhdaman", "Arghandab", "Maidan", " Bamyan and other parts of the country have been identified.

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Livestock & Industry in Afghanistan

Afghanistan is an agricultural country with a high livestock capacity
Afghanistan is an agricultural country with a high livestock capacity

Afghanistan is an agricultural country with a high livestock capacity. According to some statistics, it has about four million cows and nearly twenty million goats and sheep. Afghanistan produces about 60 percent of its dairy products domestically. According to the FAO, Afghanistan had 170,000 camels in 2019 - 5,600,000 cows - 7,900,000 goats and 10.6 million sheep.

Afghan handicrafts also include carpet weaving, hand-woven carpets, rugs, felts, and coarse loosely - woven woolen cloth weaving, which are spontaneously available in the country. Afghanistan exports about 2.5 million square meters of carpet annually.

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How are the Transportation ways of Afghanistan?

Import and Export of Afghanistan and goods that are main items for export
Import and Export of Afghanistan and goods that are main items for export

Import of Afghanistan
Afghanistan's imports in 2008 amounted to $ 8.27 billion. Afghanistan's imports are mainly textiles, petroleum products, machinery, and other capital goods, construction materials, and foodstuffs. Most imports come from Russia, the United States, India, China, Japan, South Korea, Germany, Kenya, Iran, and Pakistan. 

According to the customs statistics of the Islamic Republic of Iran, most of Iran's exports to Afghanistan through the customs of Mashhad, Arak, Dogharun, Milk Bazaar, Kaveh Special Zone, Milk, Pars Special Economic Zone, Mahirood Bazaar, west of Tehran, Isfahan, Yazd, respectively. And other customs of the country.

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Economy of Afghanistan

Afghanistan mines, trades, Transportation ways and industry in the Middle East. Ask Your Marketing Questions About West Asian Afghanistan

Reasons for increasing Iran's exports to Afghanistan

The high quality of Iranian goods compared to Pakistani goods, the insecurity of Pakistani roads are the reasons for the increase in Iran's exports to Afghanistan
The high quality of Iranian goods compared to Pakistani goods, the insecurity of Pakistani roads are the reasons for the increase in Iran's exports to Afghanistan

The high quality of Iranian goods compared to Pakistani goods, the insecurity of Pakistani roads are the reasons for the increase in Iran's exports to Afghanistan. Economically, this country in the Middle East is dependent on foreign countries and is one of the poorest countries in the world, with the help of countries Like Iran, its economy has grown. 

Increasing Afghanistan's exports, including Effective implementation of the above agreements, has been developed. Afghanistan currently exports several commercial shipments from the port of Chabahar to Mumbai, India, and in early 2019, commercial shipments of marble and fresh fruits were shipped via the Lajurd route to Turkey and exported to Azerbaijan.

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